Saturday, August 17, 2013

Addenbrooke, Bellevue Hill

Addenbrooke, 11 Cranbrook Lane, Bellevue Hill NSW

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Addenbrooke, 11 Cranbrook Lane, Bellevue Hill NSW
Addenbrooke, 11 Cranbrook Lane, Bellevue Hill NSW

Bellevue Hill trophy home changes hands for $30m

Sydney's prestige property market has clocked up another trophy home sale of about $30 million for property developer Denis O'Neil's Bellevue Hill estate.
  • Market sources believe the buyer was fellow property developer billionaire Bob Ell, who is trading up from his Potts Point penthouse, which he sold to liquor industry heavyweight John Piven-Large for more than $15 million.
  • At $30 million, this is the most expensive non-waterfront sale this year and sets a new record for the prestigious suburb.[2]

"A very choice position on the crown of the hill, with delightful views over the harbour.
  • Immediately adjoins the well-known homes of Sir William Vicars and Sir Charles Clubbe."
  • Known as 11 Cranbrook Lane, Bellevue Hill [3]
  • Bellevue Hill is well known for being one of Sydney's wealthiest suburbs. The historic Queen Anne home Caerleon was sold for $22 million in January 2008. This price was surpassed by the $23 million paid for a mansion in Victoria Road in November 2009. [4]

Bellevue Hill trophy home changes hands for $30m

Sydney's prestige property market has clocked up another trophy home sale of about $30 million for property developer Denis O'Neil's Bellevue Hill estate.

  • Market sources believe the buyer was fellow property developer billionaire Bob Ell, who is trading up from his Potts Point penthouse, which he sold to liquor industry heavyweight John Piven-Large for more than $15 million.
  • At $30 million, this is the most expensive non-waterfront sale this year and sets a new record for the prestigious suburb.[2]

"A very choice position on the crown of the hill, with delightful views over the harbour.

  • Immediately adjoins the well-known homes of Sir William Vicars and Sir Charles Clubbe."
  • Known as 11 Cranbrook Lane, Bellevue Hill [3]
  • Bellevue Hill is well known for being one of Sydney's wealthiest suburbs. The historic Queen Anne home Caerleon was sold for $22 million in January 2008. This price was surpassed by the $23 million paid for a mansion in Victoria Road in November 2009. [4]
A very choice position on the crown of the hill, with delightful views over the harbour
A very choice position on the crown of the hill, with delightful views over the harbour

"Addenbrooke" Is a Charming Home In perfect condition,

  • solidly built of brick on stone foundation, tiled roof,external image bellevue-hill-21%2520Cranbrook%2520Road.jpg
  • "containing on the ground floor: Wide lounge and entrance halls, drawing and dining and breakfast rooms, and Conservatory, with full-sized Billiard room with usual offices.
  • "First floor: Five bedrooms, bathroom, verandahs and balconies
  • "Beautifully kept lawns and garden, Garage."[5]
  • "This 1910 Federation House has been decorated using a soft palette of fresh colours.
  • "The aim was to make the house feel light and airy.
  • "We used wall paneling to accentuate the soft hues and give the rooms definition. Each room has a different colour scheme with soft furnishings and antiques to compliment the design.[6]
external image poco_designs_cranbrook-lane_2.jpg

Addenbrooke, Bellevue Hill sold before spring marketing

By Jonathan Chancellor Wednesday, 14 August 2013

Addenbrooke, the stately Bellevue Hill trophy home, hasn't hung around for its formal spring trophy home marketing campaign.
It's attracted the attention of competitive interest.

  • Overnight print speculation has it that the property developer Bob Ell may have secured the offering which was listed through Sydney Sotheby's International Realty agent Michael Pallier.
  • Property Observer previously suggested it came with $33 million hopes by the downsizing vendors, Denis and Charlotte O'Neil.
  • Addenbrooke last traded at its 1988 auction for $5.375 million having been the home of the late Sir Lionel Coppleson, the former hire purchase Custom Credit co-founding chairman, for close to five decades. He and his surgeon brother, Sir Victor, who was an author of a 1933 book on Australian shark attacks, had grown up in Wee Waa on the Namoi River in northern NSW. Sir Lionel was knighted in 1969.
  • An earlier auction was in 1930 when it was noted Addenbrooke adjoined the homes of Sir William Vicars and surgeon Sir Charles Clubbe.
external image poco_designs_cranbrook-lane_7.jpg
"Addenbrooke was listed on the quiet recently with hopes of $33 million through agent Michael Pallier, of Sotheby's International Realty. Pallier won't comment on the sale, but other sources tip the price at closer to $30 million.[7]
Property Observer gathers it's set to come with $33 million hopes by the downsizing vendors, Denis and Charlotte O'Neil.

  • Addenbrooke vendors, O'Neil and his wife, Charlotte, bought the 2120 sq m property on Cranbrook Road in 1988 for $5,375,000 from former Custom Credit chairman Sir Lionel Coppleson.
  • The couple then added the adjoining 850 sq m block in 1994 for $1.25 million, when they bought it from the Consulate General of the Republic of Korea. That block remains for sale through Pallier for about $5 million.
  • The downsizing O'Neils also sold their Palm Beach weekender for $7.5 million in late June
  • "Settlement will confirm if this is the third highest sale in what is already a strong year for trophy homes:
external image poco_designs_cranbrook-lane_3.jpg
external image poco_designs_cranbrook-lane_14.jpg
external image poco_designs_cranbrook-lane_15.jpg
external image poco_designs_cranbrook-lane_13.jpg
external image poco_designs_cranbrook-lane_16.jpg
external image poco_designs_cranbrook-lane_17.jpg

Arguably one of Bellevue Hills finest family homes
"When privacy existed" .

  • A glamorous recreated residence, ideal for both stylish corporate and relaxed family entertaining.
  • This private contained estate fuses classical design with contemporary comforts and is sited on a large level, ultra secure North- North Easterly block of land.
  • This magnificent estate has been custom appointed showcasing superior craftsmanship with carefully selected finishes.
external image Addenbrooke%252011%2520Cranbrook%2520Lane%2520Bellevue%2520Hill%2520aerial%2520view2.jpg
Features include:

  • Dress-circle setting, Bellevue Hill's most prestigious address
  • Spectacular entrance foyer
  • Double drawing room with fireplace
  • Sunlit living & private dining room, with fireplace & custom cabinetry
    external image poco_designs_cranbrook-lane_8.jpg
  • Stunning custom built white marble "gourmands" kitchen – custom built to accommodate entertaining on a significant scale
  • Huge outdoor terrace & lush gardens with pool
  • 5 bedrooms
  • Lavish master retreat with dressing room
  • Separate powder room, abundant storage
    external image Garage%252C%252021%2520Cranbrook%2520Road%2520Bellevue%2520Hill-620x349.jpg
  • DLUG (internal access) + double parking
  • Sophisticated lighting & security[8]


Rear lane access
Rear lane access

  1. ^ http://trove.nla.gov.au/ndp/del/article/16694832#pstart1168893
  2. ^ http://smh.domain.com.au/real-estate-news/bellevue-hill-trophy-home-changes-hands-for-30m-20130813-2rucc.html
  3. ^ http://www.tuugo.biz/Companies/addenbrooke_2599554/0050003100923
  4. ^ http://www.randw.com.au/location-info/bellevue-hill/
  5. ^ http://trove.nla.gov.au/ndp/del/article/16694832#pstart1168893
  6. ^ http://pocodesigns.com.au/portfolio/residential/cranbrook-lane-bellevue-hill/?pid=398
  7. ^ http://smh.domain.com.au/real-estate-news/bellevue-hill-trophy-home-changes-hands-for-30m-20130813-2rucc.html
  8. ^ http://www.domain.com.au/Property/For-Sale/House/NSW/Bellevue-Hill/?adid=2010650052

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