Ninety-year-old David Cable made a promise to his late wife Lynda that if he ever sold their harbourside home he would give the entire proceeds of the sale to a children’s charity.
The retired customs agent lost his wife in 2005, Mr Cable is now moving to a retirement village and he is making good on his promise to bequeath the multimillion-dollar property to The Children’s Hospital at Westmead and juvenile cancer research.
“We weren’t blessed with children of our own,” Mr Cable said. “I came from a family of 11 children and my late wife was one of six, we were used to having a lot of children around. We promised each other that whoever survived would make sure the sale of our home would go to help find a cure for childhood cancer … that was the decision we made and I intend to abide by it,” he said.
Mr Cable was given a tour of The Children’s Hospsital at Westmead and met some of the researchers. He said he was impressed by the work and by the fact that research is shared by scientists in other countries and not duplicated.
“Somewhere around the world we will find a cure,” he said.
The couple’s four-bedroom house at 11 Adelaide St, Balgowlah Heights was built in 1948 by the late Lynda Cable’s father and has never traded. The two-storey house has a $2.9 million guide and at its first open house on the weekend 17 families inspected the property.
Many of the people who have viewed the solid home have loved the harbour view that can’t be built out and the semi-circular upstairs terrace.
Agent Eddy Piddington, of Stone Real Estate, said he is telling interested buyers about the gift and is hoping people will be prepared to pay a bit more knowing where the money is going.
The well-preserved home is in an elevated cul-de-sac with ocean and harbour views.
The house, on 543sqm of land, has high ceilings, jarrah floors and private lawns.
“In my 17 years in real estate I have never dealt with a bequest sale where the owner is still alive,” Mr Piddington said.
“It is lovely to hear how important the gift is and meet the generous giver,” he said.
Mr Cable’s house goes to auction on Saturday Marach 23.