Billionaire Media -Family buys $ 37.5 million Iona – realestate.com.au

A billionaire media family is behind the record of $ 37.5 million purchase of the Darlinghurst Mansion Iona, famous as the former house of Hollywood Royalty.

The former house of film director Baz Luhrmann and his costume designer Catherine Martin Atsold on Monday via the Sotheby’s team Clint Ballard, Maclay Longhurst and Harriet France, all of whom remained tight about the identity of the buyers.

However, other sources confirmed on Wednesday that Bryant Stokes, son of the billionaire Channel 7 chairman Kerry Stokes and brother of his CEO, Ryan Stokes, and his wife Dominique were the buyers.

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Bryant Stokes and his wife, Dominique, on their wedding day. Propose Kai Godeck

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The family moves to a huge playground of a city center of 2716 m².

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It is very likely that the same sales team will now be appointed to sell the current house of the couple in Edgecliff RD, Woollahra,, bought for $ 3.8 million in 2014.

Their new house is a pretty upgrade for Stokes, 47, who left the family investment company in 2014 in favor of real estate development and married old fiancée Lomas, daughter of famous hairdresser Lloyd Lomas, in 2017.

The couple has two children, a boy and a girl, and the family will undoubtedly enjoy their new playground-a Italian country house with seven bedrooms and seven bathrooms on a block of 2716 m².

They clearly wanted to break it and belonged to the six contract holders of the great real estate that was sold in just 12 days.

The house, the Wentworth Courier House of the Week of this week, this time had a price guide of $ 27 million, which was mentioned last September with a different agent with a price guide of $ 40 million.

At the time it was on the market for five months.

The Grand Home was on the market for five months last year with another agent, when it had a price guide of $ 40 million.

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The attractive price guide of $ 27 million brought a series of buyers to the table and sold for $ 37.5 million, a suburb.

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But the attractive price guide brought buyers to the table, and Ballard told the Wentworth Courier exclusively on Monday morning: “There were six contracts out, with four competing and then it was up to two.”

He said the house attracted a strong local and international interest. Initially, a private auction was planned on the track, in the time of maybe five weeks.

“The campaign was brought forward because of the caliber of buyers and their eagerness to possess the house,” said Ballard.

“A local buyer ended with the keys that the current owners are happy with.

“It was a bright contact of four -hour private offer process.”

The result sets a new house price record for Darlinghurst.

The property was last traded for $ 16 million in 2015.

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The swimming pool in the ground is one of the attractions.

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Sellers Tim Eustace, Mercury Private’s most important adviser, and his partner Salvador Panui, have put their own stylish stamp on iconic Iona since buying the Luhrmann-Martins for $ 16 million in 2015.

They modernized various elements of the house with 22 rooms, especially the kitchen that has undergone a complete transformation.

They also fed the vast gardens to make the estate private.

While the Hollywood had heavy weights Iona, VIP guests were at the time a couple, Tom Cruise and Nicole Kidman, as well as her Moulin Rouge Co star Ewan McGregor.

Later the big gatsby stars such as Toby Maguire and Joel Edgerton also party in the extensive mansion.

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