Andrew ‘Twiggy’ Forrest will visit his new $16.3 millon Sydney base at 15 Wunulla Rd, Point Piper, this week
Perth billionaire Andrew “Twiggy” Forrest hasn’t even seen the Point Piper waterfront he’s bought for $16.3 million through real estate agent Kim Jones.
“But I took his wife Nicola and daughter Sophia through and they absolutely loved it,” the principal of Snowden Jones said.
“It always comes down to the woman, doesn’t it — happy wife, happy daughter, happy life! — I’m taking Andrew through this week.”
Ms Jones had several other parties interested in the five-bedroom 1950s home with private jetty and boatshed at 15 Wunulla Rd before she locked in the sale in a midnight negotiation Friday week ago.
15 Wunulla Rd, Point Piper., has its own jetty and boatshed
The Fortescue Metals chairman and generous philanthropist had initially been interested in purchasing a double penthouse — an apartment bigger than the Quay Grand penthouse he bought in 2006 for $5.98 million — in the city for his Sydney base.
So Ms Jones was whisking Mrs Forrest and 23-year-old Sophia — who has moved to Sydney to pursue an acting career — through the $21 million three-storey, five-bedroom Skyhouse in Harry Seidler’s The Cove in the CBD and the $8.8 million three-bedroom penthouse for sale in The Residence in Darlinghurst.
“Then I said, ‘Why don’t you take a look
One of the standout features of 15 Wunulla Rd, Point Piper, is the huge pool
Nicola and Andrew Forrest
at this one I’ve got in Point Piper?’ — and they took a look and that was the end of it!”
She said the mother-and-daughter scouting team instantly fell in love with the architecture.
“It’s very Beverly Hills— really cool and funky — and you’d never get a swimming pool that size approved again!” Ms Jones said.
The Forrests had initially offered a lower figure but with one of the other parties having made an offer and another circling he upped it to secure the special property.
Ms Jones is now assisting the vendors of the Wunulla Rd home — hotelier Ben and Lucy May who had owned the home since 2016 when they $11.85 million — in their search for another eastern suburbs home.
Lavish interiors at 15 Wunulla Rd, Point Piper
Sophia Forrest now lives in Sydney. Picture: David Swift.
The Mays’ home had been scheduled for a December 11 auction but although the quick sale was extraordinary it’s now common for homes to sell prior in the current auction market.
CoreLogic reports there 717 auctions scheduled for Sydney on Saturday. With 485 of the results reported, the clearance rate was 47.22 per cent, just slightly lower than last Saturday.
CoreLogic auctions commentator Kevin Brogan said the eastern suburbs was the best performer being the only Sydney subregion to have a clearance rate of 60 per cent (68.83 per cent from 77 results — a slight improvement on last week’s 64.94 per cent from 77 results).
The kitchen at 15 Wunulla Rd, Point Piper
Of the subregions where more than 20 results were collected, the Inner West returned the second highest clearance rate at 56.67 per cent (from 60 results). The North Shore (North Sydney and Hornsby) was the busiest auction region again this week with 173 auctions (110 auction results collected) and returned the third highest preliminary clearance rate of 55.45 per cent.
Sutherland has the lowest preliminary clearance rate of any region where a minimum of 20 results has been collected (23.81 per cent from 21 results).