Bellevue Hill home of banker who masterminded Westpac and St George merger hits market

65 Bulkara Road, Bellevue Hill, has a $13m price guide ahead of a November 7 auction.

The banker who masterminded the merger of Westpac and St George, Ron Malek, and his wife, Michelle, have listed their impressive Bellevue Hill mansion with a $13m price guide.

And the agent that’s selling the three-level six-bedroom, five-bathroom residence at 65 Bulkara Road designed by the respected Sydney architect David Phillips, the Sotheby’s managing director, Michael Pallier, says it’s one of the best family homes he’s ever seen.

“So much thought has gone into the floorplan of this house — it’s just perfection,” Pallier said.

“And it has connection from the kitchen onto the lawn and the pool … it’s what every young family dreams about.”

Pallier says the eastern suburbs prestige property market is “super hot” at the moment. The sold sticker has gone up on the Wentworth St, Point Piper penthouse of the former QBE chief Pat Regan tonight.

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The multiple outdoor entertainment spaces are among the many highlights of 65 Bulkara Road, Bellevue Hill.

The 12-metre heated pool, that’s completely private, is another feature that will wow buyers.

The Sotheby’s chief couldn’t comment on the sale price, but it’s known to have exceeded its $7m price guide ahead of tomorrow’s scheduled auction.

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The Malek home goes to auction on November 7.

The Luminis Partners principal and his wife, who are moving to the $20m Coolong Road, Vaucluse waterfront that they bought from the Mayo family in 2014 that’s now been rebuilt, have owned their current Bulkara Road property since 1999 when they paid $1.85m.

After living in the old home on the 890 sqm block for several years, they commissioned Phillips for a brand new dream home for their young family.

The double-height entry hall at 65 Bulkara Road, Bellevue Hill.

The open-plan living area opens perfectly to the outdoor entertainment area, lawn and pool.

Their youngest was two and their eldest nine when they moved in, but the Maleks say the completed home, that took 14 months to build, has been paradise for their four children and their parents, too, from the get-go.

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Easy to see why during my exclusive tour of the home for the Wentworth Courier House of the Week.

Phillips seems to have a nack for creating homes that are full of light as well as creating family-friendly living areas that open to large entertaining terraces — in both directions in this house.

There’s also a formal dining area and formal lounge.

A lower level rumpus room opens to a front terrace.

Most of the bedrooms, too, open to a balcony.

There are desks built into each of the children’s bedrooms upstairs, and plenty of cupboards.

The interior designer was Lynda Kerry of Double Bay.

Putting the laundry upstairs close to the bedrooms was another master stroke.

I also loved that the sunny rear back yard, with its 12-metre heated pool, is so private thanks to clever plantings of a Leighton Green conifer hedge along the perimeter of the Annie Wilkes-designed garden.

Despite being built almost two decades ago, careful maintenance and the clever choice of quality, timeless materials such as Carrara marble and the best Gaggenau appliances ensure this house has stood the test of time.

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