Get the edge with AM and PM briefings, plus breaking news alerts in your inbox. Prefer us not to? “When we heard of the plans, we just couldn’t let this beautiful piece of Australian history be turned into a development site. As for property with panoramic 360 views of the Sydney Harbour and waterfront- … Several prestige Sydney agents, from both sides of the bridge, have told Property Confidential that a sale has already taken place. Free company director check This week, Mr Jacobs said he was permitted to make only the following statement, approved by both John B. Fairfax and Mr Farquhar. Picture: Stephen Nicholls, Crumbling grandeur of Elaine. Ghislaine Maxwell to offer $39 million bail, will finally ad... 54-year-old dies after stabbing at service centre near Newca... Bridget Flack: Fears body found in bushland is missing woman. Yes, the ballroom is stylish and has a gorgeous window seat overlooking the tennis court and harbour — the scene of many glamorous parties. “It would have been a great loss to see this rare property sold to developers and carved up. Find out more about our policy and your choices, including how to opt-out. The current price record for a residential home in Australia was set last year when Altona, also in Point Piper, fetched $52 million. As Mr Jacobs said back then: “It will appreciate at a higher rate than the rest of the market because of the size — it’s unrepeatable.”, Wentworth Courier top 20 home sales in Sydney’s east for 2020, Businessman Michael Zammit sells $40m Point Piper beachfront, Gate off New South Head Rd into Elaine. Allan Coker, director of planning and development for the council said last year that it had “special significance”. All times AEDT (GMT +11). We found 21 records in 18 states for Elaine Piper in the US. Nationwide News Pty Limited Copyright © 2020. Elaine Piper Company Director Profile. Iconic Point Piper Fairfax Estate, "Elaine" Australia’s most significant private estate, Elaine in Sydney, re-enters the market. Set on a level site, with a ... - $2,584 avg/night - Point Piper - Amenities include: Swimming pool, Internet, TV Bedrooms: 5 Sleeps: 11 Minimum stay from 7 night(s) Bookable directly online - Book vacation rental 7636081 with Vrbo. “This result has been the desire of the owner and Sydneysiders alike.”. “There are no comparable properties, so that makes it difficult to gauge a price,” he said. The interiors and clunky add-ons aside, the north-facing 6986sq m water­front property — with its ivy-lined path leading down past huge Norfolk Island pines to a gate to Seven Shillings Beach — is magnificent. Despite the large land parcel and whopping triple-digit price tag, Elaine is not as well-known as the neighbouring estate of Fairwater, home to Lady Mary Fairfax. The buyer of the old mansion — for $13 million to $14 million — would still get a view of the harbour because the two homes at the front could be no higher than 9.2 metres. Point Piper waterfront estate, 'Elaine', has been sold to Atlassian founder Scott Farquhar for around $75 million, the highest price ever paid for a single Australian home. Although Woollahra Council had declared the house must remain, it had approved a subdivision plan for the rare and historic waterfront site. The house, built in 1863, has seven bedrooms and five bathrooms but needs a renovation (see right), having last been updated in the 1950s. Sydney’s real estate rumour mill has been in overdrive this week with talk that Australia’s priciest home has sold, but the record-breaking price is yet to be revealed. The Fairfax family is putting its heritage-listed, harbourfront Point Piper mansion ‘Elaine’ up for sale in what is expected to be the biggest ever residential real estate listing in Australia. 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