Beachside heaven so close to Sydney
RAY White Double Bay agent Kim Hayes expects this truly unique Bundeena beachfront retreat to attract a lot of interest from high end buyers looking for houses close to Sydney, just as it did eight years ago.
“Last time I sold this very house there were a couple of celebrity TV people interested as well,” said Ms Hayes, who is now marketing the five-bedroom home at 3 Neil St, Bundeena with Ray White Double Bay director Michael Finger with a price guide of $2.6M to $2.8M.
“There are many professionals in the eastern suburbs and lower north shore who are looking for a retreat only an hour from Sydney,” Ms Hayes said.
“It’s so much more relaxing than the long drive from the east to Palm Beach, plus Bundeena is set in the Royal National Park so it can’t be built out and has a charming village atmosphere.
“It feels like you are five hours from the Sydney rat race rather than just an hour.
“It means people don’t have to travel too far for a one or two night getaway to recharge.
“It’s also a fantastic holiday place and can be used as an AirBnB rental in between. I know a lot of people who live in Bundeena and do a four day work week in Sydney and stay three days in Bundeena. What a perfect lifestyle.”
The property has been owned for the past eight years by two brothers, Kevin and Nick Jacobson, both in the banking sector.
Kevin Jacobson is a former managing director at JP Morgan who then founded a boutique investment firm called Momentum Pacific, and his brother Nick Jacobson, is a former managing director at Goldman Sachs and now head of property at the Pepper Group.
The brothers bought it jointly for their families to spend time together on weekends and are sad to be letting this little gem go.
“Nick’s children are now of school age with sport on the weekends and my sons are grown up and living overseas, meaning both families don’t get to take advantage of the property as much as we would like to,” Kevin said.
“When one turns off the highway into the Royal National Park, you instantly relax. Bundeena is just the perfect distance away from Sydney for a weekender and accessible in an hour.”
The five bedroom home is absolute beachfront on a massive large 1000sq m block with expansive, never to be built out views across Jibbon Beach to Port Hacking Bay. You’ll feel like you’re in the Whitsundays.
Bundeena really is a hidden gem and buying there offers much better value when compared to more established Sydney weekender spots like Palm Beach and Whale Beach, without compromising on beauty and setting.
This is a great holiday home, weekender or lucrative rental, just footsteps from the national park walking trails.