Malouf remained tight-lipped on the deal this week, which will leave it to settlement to reveal the Jandegians’ purchase price, likely confirming it as the suburb’s highest sale so far this year.
When Bathers’ Pavilion owner Ian Pagent and his wife, Maryanne, bought the Woollahra home of Skye Leckie and the late TV titan, David Leckie, a year ago for $17 million, it was deemed an impressive result by property watchers at the time, given the windfall it offered the charity queen.
After all, the Leckies paid $9 million five years earlier, effectively making a $1.6 million capital gain for each year.
So, what to make of the Pagents’ sale less than a year later for $20 million, with no improvements to speak of?
Certainly, the buyers, rag traders Jonathon and Jill Ind, are cashed up from their own trophy dealings, selling their beachfront home in Double Bay to former garbo Ian Malouf as a home for the kids. Sigh.
The Agency’s Ben Collier was offering no comment, despite negotiating the quick resale on behalf of the Mosman-bound Pagents.
The Pagents have paid $19 million for the Clifton Gardens home of former recruitment boss Katie Adamo and prominent dentist Daniel Adamo, making the Adamos their own handsome capital gain of $4.5 million on their two-year ownership.
The Pagents’ arrival at Clifton Gardens is just in time to farewell neighbour and former UBS boss Brad Orgill, who recently purchased a $3.5 million pad at Walsh Bay.
Ray White Mosman’s Geoff Smith has a $10 million guide on Orgill’s home, almost double the $5.275 million he paid for it in 2015.
Orgill will also be spending more time on the South Coast where he bought a Saddleback Mountain property called The Lookout Farm a few years ago for $4.775 million.