Waimea House Sandy Bay Tasmania

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Waimea House, a Federation Arts and Crafts-style residence

Waimea House, a Federation Arts and Crafts-style residence in Sandy Bay, Tasmania, has been sold for a record $8.5 million in a late 2011 deal that has stunned the island’s estate agents. The sale to Greg Woolley sets a Tasmanian residential record for second time in nine months

• Occupying one of the finest positions in Hobart, Waimea House is a Federation Arts and Crafts mansion set on 9726 square metres.
• Located in prestigious Sandy Bay, the landmark property has magnificent harbour and Derwent River views, a swimming pool, tennis court and a smaller second house, also with art deco influences.

Read more: by Jonathan Chancellor
Thursday, 12 January 2012

Waimea House sits on a 9,726-square-metre-holding with a pool, tennis court, and a smaller second residence with Art Deco influences.

• It had only been sold nine months earlier in 2011 for a record $6.06 million. Its latest buyer is the low-key investment banker Greg Woolley from Point Piper, Sydney.
• He was born in Hobart in 1973 and is understood to have admired the home since childhood.
  
  
• Waimea was sold by prominent Hobart family, the Nettlefolds, who then sold $1 million-plus of its contents through Mossgreen Auctions.
• Many regard the landmark property as occupying the finest position in Hobart, with harbour views and complete privacy.
• The property had previously been in the Nettlefold family ownership for 70 years until sold in early 2011.
• The prominent Hobart family had consolidated a four-block amalgamation over the past 70 years.
  
  
• The Sandy Bay property was marketed as Hobart's most prestigious and distinguished residential estate by Brian Watchorn of Charlotte Peterswald for Property.
  “This landmark property occupies the finest position in Hobart with stunning harbour views, complete privacy and surrounding land with an overall area of 9,726 square metres or thereabouts,” the brochure says.
• The late Len Nettelfold, a successful businessman and Australian amateur golf champion, was the son of Tasmanian Motors founder Robert Nettlefold. The family had the General Motors dealership on the island, which was subject to a 1982 takeover bid by then young entrepreneur Christopher Skase, who made a reputed $1.5 million plus from his brief foray.

Ornate ceiling and bay window nook

Original fireplace and leadlight windows

Art Nouveau inspired wallpaper and furnishings

Tiled Sunroom and conservatory

Garden with stunning view

View of Sandy Bay Tasmania

Lawn with a view