Home Real Estate When a $43 million house is a discount

When a $43 million house is a discount

The mansion belonged to Alan Bond and has a ballroom fit for 400.

Jack Derwin

Digital Journalist, Your Money

The former home of disgraced business personality Alan Bond has resurfaced on the market with an asking price of $43 million.

FILE – In this April 15, 1995 file photo, Australian tycoon and America’s Cup winner Alan Bond arrives for his wedding to Diana Bliss in Sydney. (AP Photo/Rick Rycroft, File)

Bond – the businessman who sponsored Australia’s historic 1983 America’s Cup victory, briefly owned Channel 9, was awarded and later stripped of an Order of Australia, and was ultimately imprisoned for fraud – built the estate in happier times.

The Dalkeith home in Western Australia was asking for expressions of interest above $50 million when it first hit the market last year but clearly hasn’t courted the interest sellers had anticipated.

Alan Bond's former estate is up for sale
Alan Bond’s former estate is up for sale

It’s been described as “Australia’s ultimate waterfront estate” and bizarrely boasts 14 bathrooms despite only having six bedrooms.

There’s parking space for a fleet of a dozen cars, a twelve-seat swim-up bar and a 21-seat cinema.

Is this Australia's ultimate waterfront estate?
Is this Australia’s ultimate waterfront estate?

Oh, and a ballroom for 400 people.

With the potential to host one hell of a party, it last sold in 2011 for $38 million.

It’s not the only home of a famous Australian to hit the market.

The former home of Miss Universe winner Jennifer Hawkins’  is also up for grabs.

Jennifer Hawkin's former home in the Sydney suburb of Coogee
Jennifer Hawkin’s former home in the Sydney suburb of Coogee

The model sold the Coogee property in 2012 for $2.2 million before moving to Pittwater on Sydney’s Northern Beaches.

The three-bedroom three-bathroom duplex has a price tag of $3.2 million and sports an open plan kitchen and a pool.

The open plan living space opens up onto the backyard pool
The open plan living space opens up onto the backyard pool

For all the prestige property news, watch the full interview above with The Courier Mail’s Elizabeth Tilley. 

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