Trophy home sale on Sunrise Road, Palm Beach
The trophy Palm Beach home of businessman Paul Nankervis and his wife, Rosie has been sold, presumably the summer resort's eighth double digit sale since 2007.
Set on sought-after Sunrise Hill, it is one of the best houses on the peninsula.
The property was listed for sale with $14 million plus hopes through LJ Hooker Palm Beach agents David Edwards and Peter Robinson earlier this year.
They have declined to indicate the sale price, but Property Observer gleans its been sold for possibly close to $11 million to a Mosman resident.
Designed by architect Susan Rothwell, the three-level residence features six bedrooms and six bathrooms. It was built by the then Mosman based Nankervis couple who previously had a weekender at Whale Beach.
There is a lift to each floor in the Sunrise Road house that sits on a 1891-square-metre block with the full northerly panorama of the Barrenjoey headland with its landmark lighthouse.
The Nankervises bought the property 11 years ago for $2.4 million becoming only the third owners since the Byles family built a house in the early 1900s.
The home incorporated heritage elements of the original Byles cottage.
The new house was designed as a permanent home for Paul and Rosie Nankervis, as well as a holiday home for their three children, their spouses and 10 grandchildren.
Its surrounded by terraced gardens designed by landscaper William Dangar.
