Sydney’s prestige market fires up in 2018

THIS immense Mosman estate is no doubt one of Sydney’s finest trophy homes.
With a price guide of $23M to $25M, the seven bedroom uncompromising estate on 1650sqm comes complete with a postcard view of iconic Sydney Harbour.
Ray White Lower North Shore director Geoff Smith said the newly listed property at 1-3 Burran Ave, Mosman was “superior in every measure”.
“I have been selling prestige homes in the Lower North Shore for over 25 years, and this home is utterly magnificent and will no doubt attract interest from all over Australia and overseas,” Mr Smith said.
“There is simply no comparison on the Sydney market today. It’s a cliche but it is true to say this is a very rare offering.”
Home owners Richard Freudenstein and wife Jane, plus their three daughters, have lived in Burran Ave, Mosman for almost 12 years.
“For us it is a downsizing exercise as we now only have one daughter at home,” said the highly regarded company director Mr Freudenstein, who currently sits on the REA Group board and is a former CEO of Foxtel and The Australian newspaper.
“The whole block is over 1650sqm and we can park eight cars under the tennis court,” he said.
“We have had the best lifestyle here and it’s been a wonderful home to raise our family in.
“You can play tennis, and jump in the pool and there’s nothing better than sitting on the balcony and taking in the harbour views.
“It’s simply too big for us now.”
But the Freudensteins won’t be moving too far.
“Mosman is such a great community and our intention would be to find a smaller house in the same area.”
This world class home boasts a 180 degree vista to showcase the view from the Spit Bridge across Middle Harbour and out through Sydney Heads.
Mr Smith said the home was essentially open-plan with formal living and dining rooms opening to a wraparound balcony.
“The family room has a wall of custom joinery for the audio visual equipment and the kitchen features marble/stainless steel benchtops and European appliances,” he said. There’s bespoke joinery in every room integrating appliances, storage and shelving.
The gold-class style cinema room features a concealed bar, six leather chairs and JVC projector.
The 15x5m infinity edge saltwater swimming pool also has gas and solar heating for all year long swimming.
The poolside games room has a full size billiard room opening outside through three sets of doors.
With every conceivable feature the home features a temperature controlled wine cellar plus tasting room upon a sandstone floor. There are gas fireplaces, ducted air-conditioning, underfloor heating, wifi and Foxtel throughout.
There is also a synthetic north / south tennis court, practice wall, basketball hoop and air-conditioned gym.
The eight car showroom garage has multiple storage areas, a car wash bay and auto entry.
Property Details
 
High res photos, click here
7 bedrooms (plus study)
6+ bathrooms
8 car garage
Tennis Court
Inspections by appointment
Expressions of interest campaign
Price Guide: $23M to $25M
Media Contact
Alex Tilbury
Ray White media manager
atilbury@raywhite.com
0413 842 112