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Fashion mogul snaps up $12.5m granny flat to protect Bondi view

All about the view … the prized outlook from Simone Zimmerman’s North Bondi property takes in Bondi Icebergs and the full stretch of Australia’s most famous beach.

Fashion mogul Simone Zimmerman has snapped up the granny flat on the property directly in front of her North Bondi home and you won’t believe the price she’s paid.

The $12.5m off-market purchase price of the flat, which is the talk of the North Bondi surf club, is all about protecting her prized view taking in the full stretch of Australia’s most iconic beach.

“She was worried about someone building on top of the granny flat, which would completely wipe it out!” said one of the surfie locals.

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Zimmerman

The $12.5m granny flat purchase is yet another addition to the expanding property empire of fashion queens Nicky and Simone Zimmerman.

It’s understood the off-market deal was recently negotiated by Raine and Horne Double Bay/North Bondi principal Ric Serrao, who refused to comment when contacted.

Records show Simone bought the three-bedroom home on a 241sqm block for $5.5m in 2017 via Serrao.

“Capturing world class views over Bondi Beach from two impressive levels … designed to capitalise on its unique elevated position on the pinnacle of Ben Buckler peninsula, it offers indoor/outdoor entertaining in perfect privacy,” the realestate.com.au ad said at the time.

So no doubt Simone was horrified when Waverley Council approved plans for the subdivision of the property directly in front, which has been long owned by the Smiles family — containing the granny flat.

Simone Zimmerman bought the North Bondi property for $5.5m in 2017, records show.

There was every chance that a potential new owner of the backyard of the property known as “The Corner Store” would want to build a new home ruining her view, hence the hasty purchase.

It’s not known what Simone, who founded the beloved Zimmerman fashion and lifestyle brand known for its resortwear with sister Nicky in 1991, intends to do with her new block — vegetable patch, maybe?

The granny flat sits directly behind this property, long owned by the Smiles family.

That property was subdivided nine months ago, which no doubt horrified Simone Zimmerman.


The granny flat is just one more addition to the now impressive Zimmerman property empire.

Simone bought a Bondi trophy home for $30m — with no mortgage required — last February.

It set a suburb record.

The five-bedroom property, with spectacular views that include her North Bondi property, awaits a reno before Simone moves in.

Nicole Zimmerman, meanwhile, with husband Chris Olliver who is chief exec of the global fashion empire, owns a $60m Vaucluse waterfront, purchased from agribusinessman and investment banker Garrick Hawkins and his wife, Evelyn, in 2022.

The post Fashion mogul snaps up $12.5m granny flat to protect Bondi view appeared first on realestate.com.au.

April 23, 2025/0 Comments/by JKents
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