Rolling Stones Stayed Here!

Rolling Stones Stayed Here!

Rolling Stones Stayed Here!
Palm Beach, Florida, you finally have a strong competitor in the wealthy enclave department! Palm Beach, Sydney, Australia, has all the qualities you admire and enjoy: Old money (and possibly more of it) and an exquisite tropical beach on a private peninsula! As you already know, Sydney is Australia's largest and oldest city and is undeniably one of the most beautiful and livable cities in the world with it's admired harbor, the Opera House, Toranga Zoo and, of course, the Harbour Bridge.

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A rare opportunity to purchase an incredible, historic oceanfront estate has become available - Kalua, the Pearl of Palm Beach! Enjoyed by the Rolling Stones, John Cleese, U2, Nicole Kidman and the Murdoch family, the estate has been a favorite retreat of high-profile individuals due to its privacy and stunning location. With the current owners residing in Hawaii, the estate is leased out at $40,000 a week during the height of the holiday season.

Built in 1920 as a duplicate of the famed Dillingham estate in Hawaii, (Kalua means double in Hawaiian), the main house is built in the classic 1920's tropical plantation style. With its wide verandas and luxuries beyond imagination, the house is comprised of 6 bedrooms, 5 en-suite plus staff quarters and the upper floor is devoted to a master retreat beyond compare. Kitchen and public rooms are spacious with fireplaces and an atrium dining room. Floors are of exotic woods with names such as blackbutt, jarrah, tallowood and kauri! The second home, used as a caretaker's home, is also elegant with its 3 bedrooms, 2 baths, black granite kitchen and cathedral glass ceiling! The beach cabana is styled as a bunkhouse to provide additional sleeping quarters. Grounds are lushly landscaped with pool and putting green.

Australia's Palm Beach Pearl $25m. With $12m down, owner will hold mortgage over 4-year period.

Source: www.ljhooker.com.au