Chinese Back Amid New Hunter Valley Trophy Listings
Chinese investors are back seeking trophy vineyard properties in the NSW Hunter Valley, but are being out-muscled by quicker-acting local buyers. This is the view of veteran Hunter Valley real estate agent Alan Jurd, who has sold the famous wine region’s last two trophy vineyard estates – Loggerheads and Hungerford Hill – to Australian buyers. “The Chinese are back and looking. But they are a bit slow compared with the locals. They take too long to make up their minds,” said Mr. Jurd, who heads up Jurd’s Real Estate. Loggerheads, the 39-hectare Pokolbin estate owned by former Macquarie director Robin Read the full article...
Miranda Kerr’s Favourite Hunter Valley Trophy Estate Loggerheads Sold for $6 Million
Supermodel Miranda Kerr will need to find a new rental for her next Hunter Valley visit after the Pokolbin trophy estate she stayed at last Christmas has been sold for $6 million. Owned by former Macquarie director Robin Crawford and his wife Judy, Loggerheads has long been regarded as one of the wine region’s most significant holdings and includes a seven-bedroom homestead designed by architect Michael Suttor and a Paul Bangay-designed garden with a summer house, swimming pool and orchard. The buyer’s identity was not revealed by selling agent Alan Jurd, of Jurds Real Estate. The Pokolbin trophy estate Loggerheads Read the full article...
Second Penthouse in Sydney’s Opera Residences Breaks Australian Apartment Record with $27 Million Sale
The remaining penthouse in the Opera Residences development at Circular Quay sold on Saturday to a local buyer for $27 million, heading up the project’s sell-out success on the day. The 104 apartments on offer in the luxury development on the site of the old Coca Cola Amatil building totalled $500 million worth of real estate sales this week. The new national apartment record comes just days after the building’s other penthouse sold for $26 million to an eastern suburbs family who also bought two of the sub-penthouses for $31 million for their two children. The Opera Residences is a luxury development Read the full article...