Media couple take huge hit on Cremorne mansion

1 week ago 24

The official data is on Lisa Wilkinson and Peter FitzSimons’ property sale. Media couple Lisa Wilkinson and Peter FitzSimons — plus their buyer — took a massive hit with the sale of their properties last year, settlement documents reveal. The vendor bid at the private auction of their Cremorne estate Ingleneuk last September had been $24.5m. They no doubt wanted more, particularly since there’d been interest from a well-heeled Chinese buyer in the lead up. But this week’s settlement shows the post-auction negotiations could only russle up $23m, which had been the buyer’s guide. And the buyer of their luxury home, Westpac’s head of institutional banking, Nell Hutton and her husband, Hamish, had to be satisfied with just $9.65m — well down on the $13m guide — settlement for their Wollstonecraft property reveals. MORE: Huge price drop for former power couple’s mansion The Arts and Crafts-style Cremorne home ‘Ingleneuk’ overlooks the harbour. It’s on a huge 3,214sqm block. It also shows the buyers as eye doctor James Jabbour and endocrinologist Veronica Preda. The Huttons had bought the circa 1920s ‘Dunaird’, built for the founder of Uncle Toby’s, for $9.2m in 2020, so no profit for th...

Read Entire Article