In the luxurious neighbourhood of Darling Point, a brand-new beachfront property has hit the market with a staggering price guide of $70 million. This incredible waterfront trophy home, located at 82 New Beach Rd, is turning heads with its breathtaking features and its prestigious address. It’s not just a home; it’s a lifestyle masterpiece, arguably ranking among Sydney’s most exclusive waterfront addresses1.
The property is owned by Catcha Group chairman and co-founder Patrick Grove and his brother, Aaron Grove, co-founder of Blowfish Studios. The Grove brothers purchased the 669 sqm property back in 2017 for $28 million. It has since been transformed into a lavish residence, one of only six north-facing waterfront homes in Darling Point. Not only is it the closest eastern suburb property to the Sydney CBD, but it also boasts an absolute due-north facing position, capturing stunning views of the Harbour Bridge1.
Built with design expertise from Polly Harbison Design and gardens by Will Dangar, the property offers two floors of living and sleeping space, two rooftop gardens, a huge basement, and undercover parking for two cars. Inside, you’ll find five bedrooms, six bathrooms, a study, a gym room, and even a guest powder room. Three of the bedrooms feature an ensuite, and the gourmet island kitchen comes equipped with high-end appliances and a butler’s pantry with laundry1.
Among the property’s standout features are walls of sliding glass and adjustable timber screens for privacy and natural light, high ceilings, bespoke cabinetry, and natural stone finishes. Sustainable amenities include solar panels and a Tesla power wall. But the opulence doesn’t stop indoors. The level harbourfront garden offers a lush lawn, sun deck, infinity-edge swimming pool, and cabana, plus two rooftop garden areas. The garage even includes a large storeroom1.
Darling Point’s real estate market is a unique one. There are so few houses that PropTrack can’t offer median house price information, but the median unit price stands at $2,362,500. This $70 million property is certainly on the higher end of the spectrum, promising an opulent lifestyle for the fortunate buyer1.