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Suburb shuffle: $36m trophy home latest in lower north shore boom

Source: afr.com afr.com
News Snapshot:

“We are seeing an influx of Chinese buyers looking for unique waterfront properties. This clientele along with locals will see immense value in this area,” Chen says. The Agency’s Steven Chen pictured at the $36 million Woolwich listing. Oscar Colman Opposite the Woolwich peninsula across the Lane Cove River sits Longueville’s finest property, Otahki, owned by Tyro director David Fite and former Telstra Mobile boss Danita Lowes. Otahki recently hit the ultra-prestige market with a $50 million price tag, catapulting the leafy suburb into uncharted price territory. The local real estate rumour mill has divulged multiple offers above Idlemere’s $42.2…

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