Historic Overcliffe in Potts Point sold
The historic Victoria Street residence Overcliffe has been finally sold at about $2.75 million. It recently passed in at auction on a $2.8 million vendor bid.
It’s the 1876 Potts Point cottage of master mariner George Kenny.
The landmark house was restored by the Fink family, who built a modern rear three-storey extension designed by architects Clinton Murray and Shelley Penn.
Leon Fink had previously secured permission to substantially demolish the timber cottage but then had second thoughts for the 299-square-metre block.
Before Fink it was the barrister Charles Waterstreet who'd bought the cottage in 1980 for $112,000, selling it reluctantly to the Fink family for $842,000 in 1988.
It was the house briefly in the headlines when actress Kate Fitzpatrick unsuccessfully sought Supreme Court orders in 1996 claiming a 10% stake dating back to her relationship with Waterstreet between 1979 and 1982.
The latest vendors were Bob and Helen Hargreaves, who were the 1985 founders of Le Forge, the hand-forged furniture manufacturers.
Overcliffe had been listed through with initial $3.7 million-plus hopes in February 2012.
It sold through McGrath agent Chris Chung.
It last traded at $3.1 million in 2009.
