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$34m Rose Bay home settled



20B Tivoli Ave, a stunning five-bedroom, five bathroom residence with awesome Harbour Bridge views perched on a 675 sqm block with a five car garage sold via The Agency’s Ben Collier. Property developer Paul Smith previously purchased the four-bedroom, five-bathroom residence alongside his wife Hilarie at 20A Tivoli Ave in 2010 for $12m. It has been settled this week for $34m via Double Bay agent Paul Rich to a local family. In October 2021, veteran stockbroker Brent Pott’s waterfront property Villa Florida was sold after a year on the market for an undisclosed price. That property, located up the road on 12 Tivoli Ave, included seven bedrooms, nine bathrooms, a pool and iconic views on a 1290 sqm block. Sources at the time speculated it sold within the $40m to $45m price range. “Things have really ramped up in this area, it’s been incredible to see some of the sales in Double Bay and Rose Bay rank among the highest in NSW,” Mr Rich said. “We’re really starting to see a rising market with many repeat clients wishing to buy properties off-market and sellers looking for their next investment opportunity.” 20A Tivoli Avenue is a luxurious world class residence offers breathtaking panoramic views that includes the Harbour Bridge, Opera House and city skyline. It has four bedrooms with ensuites, spacious living and dining areas, home theatre, entertaining area and heated pool. The highest price for a detached house in 2021 was the $45 million paid for historic estate Rosemont in Woollahra by Balmain Group chairman Andrew Griffin. One luxury property on Wolseley Rd in Point Piper sold for $40 million just 10 days after being listed – faster than the average Sydney home sale, despite being about 40 times pricier.And in Vaucluse, a six-bedroom home on Hopetoun Ave sold for $35 million four days after it was first listed. It was double the 2018 price of $17 million. The 20A Tivoli property was redeveloped in 2008, with the house next door settling for more than $23.5m in 2019. It was sold by property baron Stephen Burcher and his wife Melissa to corporate lawyer Amanda Banton. MORE:The most-viewed property listings of 2021Growth zoning locks in returns on lifestyle propertyTasmania’s third-oldest building has many stories to tell

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