Mosman mansion aims for $50m North Shore house price record

3 Kirkoswald Ave, Mosman has a $45m-$50m price guide.

Neighbours have been coveting 3 Kirkoswald Ave for more than two decades, and now the bidding war may begin with the landmark Mosman mansion hitting the market with $45m to $50m price expectations through Michael Coombs and Adrian Bridges of Atlas Lower North Shore.

Designed by acclaimed architect Susan Rothwell in the early 2000s for the Balnaves family, the palatial six-bedroom, seven-bathroom residence is listed for the first time. The property, prior to the contemporary build, last exchanged in 2001 for $6.525m.

Mr Coombs said: “This is one of those iconic homes that throughout my career people have asked about buying. I’ve always told them no, now it’s a yes.”

If the property hits its price hopes, it will set a new North Shore benchmark. The current record sits at $43m, set in August on McLean Crescent, Mosman.

MORE:

One-bedder sells for “mind-boggling” price

Surrounded by Will Dangar designed gardens that have appeared in Belle Magazine, the stately home sits on 2,235sq m with sweeping harbour views.

“It’s just such an amazing home, designed by Susan Rothwell,” Coombs said.

The palatial six-bedroom, seven-bathroom residence is listed for the first time.

The late Neil Balnaves AO, patriarch of the philanthropic family who founded the Balnaves Foundation, was a television executive responsible for running Southern Star and producing shows such as Big Brother, Bananas in Pyjamas, Water Rats and McLeod’s Daughters.

He was also one-time chair of the Ardent Leisure Group, the entity formerly behind Dreamworld.

The Balnaves Foundation is a private philanthropic organisation established in 2006 by that focuses on education, medicine and the arts.

Coombs confirmed his team was experiencing a successful spring selling season with a bang, selling 10 Ryan Ave, Mosman for $15.5m and 9 Peronne Ave, Clontarf for “just under” $15m.

“We experienced a slower start to August and September than anticipated, with plenty of buyers in the market but many choosing to sit on the sidelines,” Coombs said.

MORE: Tech billionaire’s new $15m bachelor pad

Buy it now, and you could be in by Christmas and New Year.

The incredible residence spans three levels.

Full of charm.

Outdoor dining.

“However, just before the school holidays, we noticed a clear shift – several strong sales have gone through, and buyer activity has picked up noticeably.

“With increased interest in new listings and more buyers lining up to inspect properties, we’re anticipating a busy and productive lead-up to Christmas.”

He added that the envied Kirkoswald residence had been an elusive listing.

“During my more than 20 years in real estate, I get approached about this property all the time. Everyone knows the house, and there’s a reason for it; it’s just such an amazing home designed by Susan Rothwell,” Coombs said.

Surrounded by Will Dangar designed gardens that have appeared in Belle Magazine, the stately home sits on 2,235sq m with sweeping harbour views.

“On the slopes of the golden triangle in Balmoral, you’re elevated at one of the highest points which makes it very private and so secluded,” Coombs explained.

MORE: Huge promise Hemsworths made about Byron Bay

“The big level block looks straight out to The Heads and over Balmoral, so the view is uninterrupted without any neighbouring roofs to look out over.”

Behind a grand facade that draws on elements of Palladian architecture, there are multiple living and entertaining areas, including several balconies and garden terraces.

The residence spans three levels, incorporating a central atrium water feature, a formal dining room with 6.4m ceilings and grand Italian marble table, a large kitchen with Miele appliances and a butler’s pantry, Travertine bathrooms featuring Zucchetti tapware, three Jetmaster fireplaces, bedroom ensuites with underfloor heating, a study, automated blinds, security cameras with back to base alarm, and new carpet.

Resort style features include a 20m saltwater wet-edge pool, a gym, steam room, wine cellar and au pair accommodation with external access.

Kirkoswald Ave is a short walk to Balmoral and Chinamans beaches.

MORE:

The $150m sale that’ set to reshape Sydney

The post Mosman mansion aims for $50m North Shore house price record appeared first on realestate.com.au.