After years of helping clients relocate, we thought it was time we did the same!

Our first Ballard Property office opened in the beautiful coastal suburb of South Coogee in February 2005. This was soon followed by a second office in Woollahra in 2007. Now, Ballard Property has relocated to 459 New South Head Road, Double Bay.

Things that haven’t changed:

Phone numbers – all our phone numbers have remained the same.

Great staff – We have packed up all of our great staff with us!

Resources and reach – We will continue expanding our research and reach throughout the Eastern Suburbs.

Businessman buys four Vaucluse properties for $70 million as a knockdown

Four Vaucluse properties have been sold in one line for well in excess of $70 million to a Sydney businessman who plans to knock them down to build his own waterfront mega-mansion.

At that level the sale is higher than the Australian record sale of a single residence set last August when James and Erica Packer sold their nearby non-waterfront mansion to Chinese-Australian billionaire Chau Chak Wing.

Set on exclusive Coolong Road, the two most expensive properties in the deal are set on the waterfront, both owned by Colleen Shein, wife of technology entrepreneur and former Fairfax Media board member David Shein.

The remaining two houses are both non-waterfronts, the smallest of which was bought by Julia Singer, wife of lawyer Simon Singer, in 2013 for $5.51  million.

South African-born businessman Avron Cohen and his wife Jean have owned their street-front home with a swimming pool since 1995 when they purchased it for $1.3 million.

Talk of the sale has been rumoured about for months, but only proceeded once the Sheins agreed to sell their two properties earlier this week.

A source said the total deal was worth well in excess of Australia’s $70 million record house sale price, and another source said the deal could be worth closer to $80 million.

Settlement will reveal the result.

The combined land involved in the deal is 4270 square metres.

The Sheins have owned their Coolong Road home since 2000 when they bought it for $7.4 million from the Todhunter family, who had owned it for the previous 90 years and had a garden that dated back to the late 1920s.

Set on 1800 square metres the Sheins have undertaken a significant redesign of the property since. The Sheins purchased the waterfront property next door in 2010 for $14.05 million from the Taylor family.

The Sheins’ two waterfront properties are by far the most valuable properties in the deal, but a source said the non-waterfront homes would likely have been sold for waterfront values because their value increases as part of the larger holding.

David Shein, also from South Africa, was the founder and former managing director of Dimension Data Australia and is currently non-executive chairman of Montech Holdings.

Two doors from the Sheins’ Coolong Road property is the Sydney home of China’s billionaire internet entrepreneur Richard Liu, which was bought by his friend and associate Huang Qiaorong late last year for $36 million.

Originally sourced from Domain News, written by Lucy Macken

And so it goes … Billy Joel’s $27 Million Property Sale

Do you have a friend with a spare few dozen million and a penchant for sunshine?

Billy Joel’s movin’ out, his South Florida Coast spread is for sale and you should tell her (or him) about it – because it is an apparent bargain.

Joel is reportedly asking for $US2 million less than the last time it went to market.

According to Trulia, Joel only bought the two neighbouring Manalapan properties a year ago, for $US11.8 million ($A14.25 million) and $6.5 million ($A8.43 million) respectively.

Once you move in you can stay just the way you are because the mansion was renovated in 2015, with marble floors, a full new kitchen, brick barrel ceiling and additions to the main floor bedroom and bathroom.

The ocean is within a 100-metre walk, with access to a private dock for the inevitable yacht parties that would welcome uptown girls to the housewarming.

If more than three hectares of ocean front and a steady stream of cocktails doesn’t wet your whistle, there is also a glass-tiled pool, with lights designed for night swimming … oops wrong artist.

The shell-shaped, fountain hot tub is a pleaser, too – an addition that is perhaps a bit ’80s, but it’s still rock ‘n’ roll to Billy.

The singer songwriter is saying goodbye to the Hollywood-style life and putting down roots in Manhattan. His New York state of mind is expected to extend at least to the end of his artist residency in Madison Square Garden.

Joel could make a juicy profit on the deal – adding to a long list of profitable property sales in recent years in which he has shifted tens of millions of dollars worth of real estate.

Up the road from the blocks for sale in Manalapan Joel already owns seven-bedroom manor Paradisio del Mar, which he reportedly bought in February 2015 for $US22 million.

In 2014 the New York Post reported that the artist sold two homes in the Hamptons for a little under $US19 million.

Only the good buy young – or is that the rich?

Original article sourced from Domain News, written by Camille Bianchi

Feature Properties of the Month

45 John Street Woollahra

Our sales feature property of the month is the stunning 45 John Street, Woollahra.

Nestled behind a private facade, is a tranquil courtyard bathed in northern light which is at the centre of this grand free-standing residence. Built to the highest standard just two years ago it blends subtle Moroccan and European influences with refined contemporary design to create a glamourous family home on one of Woollahra's most exclusive streets. Detailed with finishes sourced from around the world which both reflect a meticulous attention to detail throughout and create an ambiance which is both warm and textural. As in any family home the kitchen is generous and blends distressed timber and tobacco coloured marble with Miele appliances. The third level provides a self-contained living area with kitchenette, bathroom and two bedrooms, ideal for live-in help or an escape for teenagers. Stroll to Queen Street Village and Centennial Park.

For more infromation on this property, please contact Clint Ballard on 0411 426 600 or Mark Lowe on 0403136 430.

29 Bathurst Street, Woollahra

The Property Management Department have choosen 29 Bathurst Street for their property of the month.

Located in a beautiful tree - lined street of Woollahra in an elevated, sunny position is this classy and contemporary three bedroom freestanding home designed for indoor/outdoor family living and entertaining.

This stunning, elegant and modern three bedroom freestanding home boasts an extremely desirable floorplan and is flooded with natural light.

Spread over two levels this recently renovated fully furnished home is perfectly positioned, located only moments to Woollahra, Bondi Junction, Double Bay, Cooper and Harbourview Parks, Cafes & Restaurants, Buses & Train Station.  Rent per week - $2,800.

For more information please contact Helena Colnaric on 0418 778 808.

Local Events

Vivid Sydney

Sydney shines during winter each year when Vivid Sydney warms up the city with a celebration of light, music and ideas. Vivid will be held from 27th May through to 18th June. Vivid is the worlds largest music & light festival located in Darling Harbour and a free event. For more information, visit http://www.vividsydney.com/

Paddington Markets

Paddington Markets is held every Saturday at the Uniting Church in Paddington. When you visit and buy a product from Paddington Markets you not only support local and emerging designers and their products, you also contribute to providing a warm meal and support for Sydney's homeless and disadvantaged through the Eddie Dixon Centre which is totally funded by Paddington Markets.

For more information on Paddington Markets, visit http://www.paddingtonmarkets.com.au/