Paul and Elizabeth Warren have listed the Palm Beach property Villa Du Cap with a $14 million guide.Credit: Domain
The 1930s-built house is billed as a “Palm Beach original” and shares a similarly north-facing aspect as Karala but on a 1400-square-metre block.
The Warrens purchased it in 2021 for $11 million from former Deloitte and Linklaters senior executive Frank Mellish following the sale of their home in Centennial Park for $12.5 million.
Eliza’s biggest fan
The two-bedroom apartment on level one of the Eliza sold for $2.4 million.Credit: Domain
Returning to Richard White, the WiseTech chief executive continues to be a big fan of the Eliza residential building opposite Hyde Park, with title records showing corporate interests linked to him now own five of the 19 apartments.
WiseTech founder and chief executive Richard White is linked to five apartments in the Eliza.
The latest sale in the Tony Owen-designed building is a two-bedder purchased for $2.4 million by a corporate trust fronted by White’s old bandmate Tony Jex and his former flatmate Reg Kennedy, the latter of whom lives at White’s Bexley compound Victoria House.
The purchase takes White’s ownership in the building to more than $32 million, including his $15.5 million penthouse he bought from Glencore’s head of mining Peter Freyberg and his wife Kylie.
The family jewels
Just three months after former mining billionaire Nathan Tinkler sold his Sapphire Beach estate on the Mid North Coast for $16 million to the family of crypto casino billionaire Ed Craven he has sold off more of the family’s real estate jewels.
Cedar View at Herons Creek was sold by the Tinkler family for $1.7 million.Credit: Domain
The Port Macquarie cattle farm that is home to Tinkler’s parents Les and Zelda Tinkler, owned by the family’s investment company Serene Lodge Investments, has been sold for $1.7 million, which is bang on the asking price that was set by Webster Nolan’s David Nolan.
The 40 hectare property at Herons Creek is called Cedar View, and last traded for $870,000 in 2006, the same year Tinkler made his first major mining windfall. Then aged 30, Tinkler bought the Middlemount coal deposit in central Queensland for $1 million, sold his stake a year later for $275 million worth of mainly shares in Macarthur Coal, and in 2008 sold his shares for $422 million.
Nathan Tinkler has sold two of the family’s Port Macquarie farms in recent months.Credit: Tash Sorensen
The Tinklers have also sold their nearby thoroughbred stud Serene Lodge at Kendall for $2,321,000, nicely within Nolan’s $2.25 million to $2.5 million guide. The 82-hectare property was purchased in 2007 for $450,000.
That just leaves the family’s nearby Cedar Park property, also in Herons Creek, that was purchased in 2010 for $675,000, and which is yet to be sold. Fingers crossed for retail billionaire Gerry Harvey it sells soon given he has a mortgage registered to the title.