Melbourne Cup winning owner Fergus Doyle buys $11 million Lavender Bay residence

Melbourne Cup winning owner Fergus Doyle has purchased a Lavender Bay residence for around $11 million.

Championship thoroughbred horse owner Fergus Doyle now possesses one of Sydney Harbour’s best vantage points after an $11 million property play on the north shore.

Mr Doyle, a part-owner in the 2014 Melbourne Cup winner Protectionist, purchased the sleek four-bedroom Lavender Bay residence from businessman Joseph Chou and his wife Suzanne Ho.

The off-market deal believed to be worth around $11 million was struck by Ray White Lower North Shore’s David Gillan and appears to be a downsize move for Mr Doyle, who also has a home in Longueville.

MORE: Inside Karl Stefanovic’s new waterfront mansion

Andrew Bogut lists epic home after quitting Kings

Jaw-dropping Sydney castle has its own turret

Magic Millions Barrier Draw

Fergus Doyle also owns a residence in Longueville. Picture: Mike Batterham.

The sale comes seven years after Mr Chou, head of property investment firm Ironfish, paid $5.6 million for the apartment, according to CoreLogic. Property records also reveal Mr Chou and Ms Ho have moved into a $7.13 million penthouse nearby.

The Lavender Bay property is the latest in a string of big ticket apartments to sell on the lower north shore in recent months. In April, Rugby Australia’s Peter Wiggs set the north shore apartment record after paying $21 million for a penthouse in McMahons Point, while Cheryl Savage, the widow of former David Jones chairman Bob Savage, paid $12.5 million for a new residence.

Real Estate

Inside the apartment from when it was on the market in 2013.

Real Estate

It is the latest in a string of big ticket items to have sold on the lower north shore.

Mr Doyle’s new apartment is located in a duplex and has four balconies, three bathrooms and a double garage across two floors. There is also a mixture of formal and informal spaces for entertaining and dining.

The apartment’s main drawcard is the gun barrel views of the Sydney Harbour Bridge and Opera House.


Source link