Stephen Nicholls

Information Corp Australia Community

Service provider navy captain Peter Fleming’s Watsons Bay harbourfront has offered post-auction for $3m greater than the worth information.

The five-bedroom dwelling of 5 Marine Pde that had price the Flemings $52,000 in 1968 handed in at $15.3m eventually night time’s on-site public sale, however sources this morning say it fetched circa $16m in late-night negotiations.

It’s understood the client is an area household who will initially lease it out however then renovate and transfer in.

Sotheby’s agent Harriet France, who wouldn’t touch upon the worth, had been guiding $13m.

Auctioneer David Scholes had eight registered bidders, with about half collaborating within the slow-moving public sale.


Owners band together with $20m price guide

Slice of Hollywood up for auction

The late Peter Fleming’s 4 daughters would elevate the Australian flag to herald his return from sea

Bidding had opened at $12m and initially rose in $250,000 increments after which $100,000s.

The architect, Nick Tobias, who’d purchased a house in Victoria St, Watsons Bay for $5.1m in March 2020 — it’s now been “reimagined” and appeared within the October challenge of Vogue — was noticed within the crowd.


Nick Tobias buys in Watsons Bay

The Marine Pde house is well-known within the former fishing village for its flashing lights, each time the late service provider navy captain was leaving or returning to sea.

His 4 daughters, Kate, Lucy, Alex and Rachel, would additionally race out and lift the Australian flag to herald his return to No. 5 Marine Parade.

Peter, and his spouse, Joanna, who handed away in June, had particularly chosen the five-bedroom dwelling on a 449 sqm block in 1968 as a result of it provided such good views of the ships passing by.

The consumers will initially lease it out however finally renovate and transfer in.

The Watsons Bay Baths are proper on the entrance door, and it’s a brief degree stroll by Robertson Park to the favored Doyle’s restaurant, Watsons Bay Seaside and the ferry wharf.

Although it’s separated from the water by the street and automobile park.

Watsons Bay properties have been fetching large costs within the post-pandemic world.

A house at 3 Pacific St, Watsons Bay, not too long ago offered for $12.38m at public sale — it wasn’t on the harbourfront, like this one, although it was on nearly 900 sqm of land that backed onto Camp Cove Reserve.

The information had been $7.5m.

It had been the house of the late Randwick Racecourse bookmaker Bob Deverall and his spouse, Monica.

Views to the town skyline

Get up to a harbour outlook.

That outcome was almost $5m above the worth information.

The couple had bought the house greater than 50 years in the past for an unknown quantity and after Bob died within the Nineteen Seventies, his spouse, Monica, continued to reside there till just some years in the past.

And a five-bedroom dwelling with pool and metropolis skyline and Bridge views on a 710 sqm block at 28 Pacific St offered for circa $26m in every week.

It was owned by orthodontist Dr Rolf Schimann and his spouse, Lee for greater than 30 years — they’d paid $2,675,000 in 1990.