Fashion heiress and her developer partner are dealt huge $5million blow Award-winning property sells for $5million below asking price The six-bedroom home was bought for $7.4million in 2008 READ MORE: Data shows home prices fallen in majority of suburbs By Freddy Pawle For Daily Mail Australia Published: 23:33 EDT, 5 October 2024 | Updated: 23:33 EDT, 5 October 2024 e-mail View comments The owners of a luxurious award-winning home have had to settle for lower than its asking price after it first hit the market a year ago. The massive six-bedroom mansion just metres from Bronte Beach, in Sydney 's eastern suburbs, was listed for $30million last October.
Property developer Andrew Podgornik and his wife Chloe, daughter of former Just Jeans boss Craig Kimberley, however sold the home last week for just $25million. The couple bought the property for just $7.44million in 2008 and commissioned late architect Nick Murcutt and his wife Rachel Neeson to build their dream home.
Having knocked down the original cottage, Mr Murcutt designed the pavilion-style home to be 'engulfed' in gardens with juxtaposing concrete exteriors. The architect unfortunately died in 2011 after a nine-month battle with lung cancer , before one of his last projects was completed in 2017. It was NSW 's best new residential property at the 2018 Houses Award and featured on the short list for the Australian institute of Architects National Award.
Despite the awards and proximity to the beach and shops, the proper.
