Lyndon Terracini ready for tree change as Redfern’s house goes up for auction

Belle Property Double Bay’s Peter Starr was silenced by confirming the result or the identity of the buyer, but was no doubt happy to take the rumored offer of more than $8.5 million ahead of next week’s scheduled auction.

Doreen Davis-Jacenko rents a property in the Rebel Penfold-Russell development in North Bondi.Credit:

Roxy Jacenko (left) and her mother Doreen Davis-Jacenko in 2018.

Roxy Jacenko (left) and her mother Doreen Davis-Jacenko in 2018.Credit:Mark Stanley

The four-sleeper is expected to act as a “middleman” for Davis-Jacenko as she spends the next few years doing a massive remodel of the Vaucluse home she bought for $5 million in 2020.

The Vaucluse excavations are across the street from Roxy and husband Oliver Curtis, for which she has filed a prosecutor to build a four-story home designed by Smart Design Studio at a cost of $7.8 million.

Not that Davis-Jacenko is unfamiliar with her new address in North Bondi. She is already hiring in the Coast development from film producer Rebel Penfold-Russell, alongside the likes of Hugh Jackman and billionaire Sam Prince.

Two for the price of $16 million

Daniel Sze, director of one of China’s largest bedding manufacturers, clearly has a fondness for Point Piper’s Kilmory Estate. After buying the exclusive remodeled mansion for $7.5 million two years ago, he’s done it again.

The original stables and caretaker's house of Point Piper's Kilmory Estate is now a luxury residence.

The original stables and caretaker’s house of Point Piper’s Kilmory Estate is now a luxury residence.Credit:

Sources say Sze paid more than $8.5 million for the estate’s converted caretaker’s house, owned by retired handbag supplier Larry Bergman and his wife Jill, to be used as lodging for visiting relatives from Hong Kong.

Christie’s Darren Curtis, who offered it to buyers along with his former colleague Martin Ross, declined to confirm the talk, saying only he had a guidebook of $8.5 million to $9.3 million before it sold.

Trade relations peaked

Sino-Australian trade specialist Christian Wang joined the Sydney homeowners trophy late last year when he bought a Vaucluse residence for nearly $25 million, and has done so again for around $27 million.

Julina Lim's four-story residence has made a capital gain of $2 million each year since it last traded in 2015.

Julina Lim’s four-story residence has made a capital gain of $2 million each year since it last traded in 2015.Credit:

Not bad considering the company records indicate he’s trading out of a two-bedroom house in Chatswood.

Wang’s latest purchase is the Vaucluse mansion on esteemed Queens Avenue from Julina Lim, matriarch of the Oceania Property development family.

Lim did well on the deal, more than doubling her money on the home she bought in 2015 for $12.85 million from former investment banker and venture capitalist John Grant.


The sale was secretly shrouded by Laing+Simmons Double Bay’s D’Leanne Lewis and Sotheby’s Walter Antonelli, and the settlement will confirm the bullish outcome.

Wang, who co-heads the Sino-Australian trading company and specialty infant formula manufacturer Australink with Yejian Wang, first appeared on trophy records last November when he agreed to buy the nearby home of recruiting businessman Duncan Thomson and his wife Verity. for nearly $25 million.

Leave a Comment