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Tech entrepreneur Robin Khuda has been one of the most prized shoppers in Mosman’s high-end market since the COVID-19 pandemic hit Sydney’s shores more than a year ago, snapping up a few investment properties for more than $10 million each, but never quite finding his forever home among the many trophy residences he has inspected.
Until now.
The founder of AirTrunk has bought a Federation mansion on Balmoral Avenue on a vast 1449-square-metre double block with a swimming pool for close to $20 million, and has plans to redevelop the north-facing parcel into his new home.
The Mosman house sold for $20 million last traded in 1978 for $175,000.
Marco Rossi sells Tamaramaâs most expensive hole in the ground
Elsewhere, Anthony Scali scores $11 million in Palm Beach, fund manager Ben Alexander buys for $25 million in Vaucluse and a rock publicist makes a $6 million return.
An artistâs impression of the development application-approved, Wallace E Cunningham-designed residence in Tamarama.Â
Lucy Macken
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Tamaramaâs most expensive hole in the ground has quietly sold, five years after it was first listed with $15 million hopes by Marco Rossi, head of privately held construction group Built, and his partner, Stephanie Stokes.
The couple purchased the Thompson Street property on Sydneyâs coast in 2008 for a then suburb high of $11 million and demolished the house to make way for a development application-approved, Wallace E Cunningham-designed residence that was expected to be the Rossi familyâs forever home.
Old playgrounds welcome overseas
2 Mins Read HELPING load a slide that’s bound for chi;dren overseas are Roger Annera, Phyllis Scales, Sam Nicol, Wayne Jenkins, Bob Allardice, Melinda Bell and Kapila Fonseka. Picture: Yanni Share
CHILDREN frolicking in playgrounds in Sri Lanka, Tanzania, Papua New Guinea, Timor-Leste, Nepal and soon the Philippines can thank an initiative by Rotary clubs, including Mount Martha, for their equipment.
The project, called Rotary Overseas Recycled Playgrounds, sends old, redundant playgrounds overseas when they are no longer wanted and destined for landfill, providing a newfound world of fun for children in the Third World who often do not have even a swing or slide to enjoy.
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In the middle of one of the most jaw-dropping property booms in decades, it is refreshing to hear that not every seller is making a motza from their real estate. Take billionaire pub magnate Chris Morris and his wife, Sharron Sills, who have copped a loss on their Milsons Point penthouse this week.
The couple paid $8 million for their crash pad in the Latitude building at the peak of the local apartment market in 2017, making them immediate neighbours to the super-spread next door owned by Nicole Kidman and Keith Urban.
Chris Morris owns hospitality and tourism operator Colonial Leisure Group.
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Motorists are advised of changed traffic conditions on the Pacific Highway and local roads from Monday 15 to Sunday 21 February for the Woolgoolga to Ballina upgrade, weather permitting.
From Monday, there will be up to six days of work on the Pacific Highway between the new bridge over the Richmond River at Broadwater and Devils Pulpit to carry out property access and finishing work, including landscaping maintenance, fencing and survey work.
Motorists can expect lane closures, traffic control and a reduced speed limit of 60km/h at times between 6am and 6pm.
Also from Monday, there will be up to four days of work on the Pacific Highway between Tyndale and Glenugie to carry out landscape maintenance.