Nicole Kidman finds buyer for NSW far south coast beachfront holding

Jonathan ChancellorFeb 27, 2012

Actor Nicole Kidman has seemingly sold the final piece of her beachfront holding on the NSW far south coast.

About $800,000 was expected when the last portion went to February 11 auction.

With the post-auction negotiation sale paperwork now underway, the website now says “Under Contract”.

The vacant 1,009-square-metre block had been for sale since 2008 at $1.2 million plus through Michael Skuse of LJ Hooker Batemans Bay. It has 21 metres of beach frontage on Knowlman Road.

It was 2004 when Angus Hawley, Nicole's then brother-in-law, first swooped into town by helicopter to bid on the rare beachfront offering offered by the Knowlman farming family from Goulburn, who had paid £35 in 1929. Rosedale locals say Kidman has been there only a handful of times since 2004.

Kidman purchased the Rosedale holding as part of a $4 million outlay on the coastal strip in 2004. She has already recouped $3 million, selling two of the properties to Canberrans.

 

 

 

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.