waterfront duplex

Bernard Curran sells out of Point Piper waterfront for close to $30m

PHOTO: The view from the waterfront duplex built by Bernard Curran.

TV production company boss Bernard Curran has sold his long-held home on Point Piper’s Wolseley Road on the quiet for close to $28 million after 24 years of owning the waterfront site.

The son of former rich-lister Charles Curran and his wife Eva first purchased the property in 1996 for $1.5 million, later consolidating it with the property next door and commissioning a five-storey duplex designed by architect Andrew Burges, with Will Dangar landscaping.

Curran retained the upper levels with a boatshed on title, and the lower half was sold in January by JP Morgan boss Paul Uren and his wife Jennifer for $16.6 million to Macquarie Capital’s David Roseman.

34 Wolseley Road Point Piper
The downstairs duplex sold earlier this year for $16.6 million to Macquarie’s David Roseman.

Talk of the sale through Pillinger’s Brad Pillinger comes as a caveat on title reveals the buyers are dentists Gloria Shih and Lawrence Lau.

Indeed, Pillinger sold the 1920s Vaucluse manor of Shih and Lau earlier this year for about $20 million to property investor William Wenhao Wu, the 28-year-old investor who has snapped up almost $100 million worth of high-end property in the eastern suburbs with his mother, Jing Wang.

The sale of Curran’s duplex is just the latest among his Wolseley Road neighbours. Seven’s Bruce McWilliam kicked off the rash of activity early this year when his waterfront investment house was sold by Pillinger for more than $32 million.

4 Wolseley Road Point Piper
The Point Piper house sold by Seven’s Bruce McWilliam to former Seven executive Brad Lancken.

Still with the McWilliam property sell-off of earlier this year, a house on Wolseley Road sold for $9 million (again by Pillinger) has settled in the name of former Seven executive Brad Lancken.