Sneak peek of 6 Burrabirra Avenue, Vaucluse, on a rainy day in Sydney.
MARK Michalowsky sold his industrial gas business, Supagas, for more than $300 million, bought a Vaucluse waterfront for $28.5 million and now his former home has hit the market with a $9 million price guide.
And all because of Mr Michalowsky’s lifetime dream of one day owning a house where he can moor his boat out the front.
Raine and Horne Double Bay’s Martin Maskin has scored the highly anticipated listing of the home of Mr Michalowsky and his wife, Roleen, at 6 Burrabirra Avenue — which is just around the corner from Deepwater, the waterfront they’ve recently bought at 34 The Crescent.
The Burrabirra Avenue six-bedroom home with a pool is in a prized location, with views across the harbour to Manly.
The property has only just been listed, with marketing photos still to be taken, but these happy snaps are an indication of the extensive outdoor living areas and water views.
Sneak peek of the outdoor living areas at 6 Burrabirra Avenue, Vaucluse
A November 22 auction date has been set.
The property has been tightly held, last trading for $1,725,000 in 1988 — and it wouldn’t be hitting the market now except for the Michalowskys spotting the waterfront opportunity nearby.
Mr Michalowsky sold his company to the Tokyo-listed giant Taiyo Nippon Sanso Corporation two years ago.
“We’d been looking for a few years for a waterfront — this was a once in a lifetime opportunity,” Mr Michalowsky revealed exclusively to The Wentworth Courier.
An aerial photo of Deepwater at 34 The Crescent, Vaucluse
Mr Michalowsky, who is now TNSC Australia’s director, migrated from South Africa more than 40 years ago and is an avid sailor and racer at the The Cruising Yacht Club of Australia.
He’s been sailing since his early teens in Capetown and always had a dream to live on the water at Sydney Harbour.
Mr Michalowsky’s overjoyed to have discovered that he’s able to keep a boat permanently at the jetty of his new abode and he’s aiming to keep one of his racing yachts there.
The sale last month of Deepwater, through James McCowan of Sothebys, ended 48 years’ ownership by the Lewis family. It followed the death of family matriarch Toni Lewis in February.