When one luxury waterfront Mosman residence isn’t enough – why not have two?!

By ANNA USHER

When one prestige waterfront home isn’t enough, why not have two?!

This is the multi-million-dollar question prestige buyers must face after the launch of 50 Bay St in Mosman to the ultra-luxury market this week.

The vast 1,240 sqm waterfront estate – already home to a world-class property designed by Corben Architects – comes with a DA approved second residence that’s thrilled cashed-up family buyers, Richard Simeon says.

“Together, the two residences make for a remarkable waterfront estate rarely seen in Mosman,” Mr Simeon said.

“It’s a premium parcel of land in one of Sydney’s best locations, and buyers at the top end are excited by the huge potential.

“If one luxury property on the harbour isn’t enough, why not have two?!”

Mr Simeon, who’s sold more than 60 waterfront properties in 20 years, said the existing four-bedroom, three-bathroom home is a statement of contemporary family luxury and a “masterclass in relaxed elegance.”

“It’s beautifully presented, impeccably appointed and bathed in natural light,” he told Mosman Collective.

The gourmet open-plan kitchen and seamless indoor/outdoor spaces have 180-degree views of the harbour and trees to the west and a level-manicured garden with a sun-drenched swimming pool to the east.

The separate casual living zone on the pool level is a “kids paradise”, Mr Simeon says, showcasing a graffiti-inspired feature wall.

Downstairs, there’s also a kitchenette, a separate media/lounge room and wine cellar.

Impressive bedrooms and bathrooms boast grand proportions, sumptuous finishes and inclusions, two powder rooms and an office with a built-in desk for four.

“There is an absence of well-designed Architectural residences on the market in Mosman because once they’ve been built, people don’t ever want to leave,” Mr Simeon said.

“We’re thrilled to bring 50 Bay St to market.

“And for a family who desires a second residence to accommodate grown children or relatives, this property is the one.”

With direct access from Bay St, the DA approved second residence offers a flexible floor plan over three levels and has stunning water views and level gardens.

“We have done the rough costings, and the plans are ready to show local buyers,” Mr Simeon said.

“The concept of already having DA approved plans is a huge bonus for buyers because all the hard work has been done.

“You can have one outstanding world-class residence – or two. It makes for a remarkable waterfront reserve estate rarely seen in Mosman.

“The choice is yours.”

Property Features:

Ideally positioned in a premier location in exclusive Beauty Point, convenient to The Spit, Balmoral Beach, and Mosman village is close by.

• Gourmet open plan kitchen, marble bench tops, breakfast bar
• High-end Miele appliances, gas cooking, sleek butler’s pantry
• Vast living/dining room, timber floorboards, feature fireplace
• Huge covered alfresco entertaining terrace, built-in BBQ
• Level manicured garden, swimming pool, poolside entertaining
• The kids will love the large rumpus room on pool level
• Large casual living room with sleek kitchenette and wine cellar
• Expansive master bedroom with dressing area and ensuite
• Home office, two powder rooms, double garaging, inclinator
• DA approval for a separate three-storey residence with internal lift
• Smart house technology and superb landscaped gardens
• Cinema/media room with projector and drop-down screen

50 BAY ST, MOSMAN

Inspect Saturdays and Thursdays 11:30am – 12:15pm
Expressions of Interest close on April 4 at 5pm.

PRICE GUIDE: $12 – $13 MILLION

FOR MORE INFORMATION CONTACT RICHARD SIMEON OR SABRINA GAO.

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