Triguboff’s $3-Billion Eastgardens Play
The property tycoon is surging forward on his most ambitious project to date.
By Terry Christodoulou
Thu, Jan 21, 2021 3:28am
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Billionaire developer Harry Triguboff is surging forwards on his Eastgardens development.
Meriton’s largest project to date – Pagewood Green – has seen the addition of a new development application for the second stage of its sprawling $3 billion residential development.
The site is bounded by Bunnerong Road, Heffron Road and Banks Avenue will see the construction of a $115 million mixed-use project comprising two residential building up to 16 and 17 storeys in height and totalling 383 residential units.
Simultaneously, Meriton was also revealed as the buyer of Dyldam’s Pennant Hills site in Carlingford this week.
The 2.7-hectare site at 263-273 and 277-281 Pennant Hills Road was purchased for 68.5 million.
As for his Eastgardens build, the 87-year-old founder – who is personally worth about 15.5 billion, has described Pagewood Green as his most ambitious.
When complete, the precinct – which is only eight kilometres from Sydney CBD – will hold more than 400 units and span a 16.5-hectare site.
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Owned by Richard Outten, who’s penned screenplays for films including “Pet Sematary Two” and “Lionheart,” this is only the third time the home has been on the market
By CASEY FARMER
Tue, Aug 27, 2024 < 1 min
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A Mid-Century Modern home in Carmel, California, hit the market on Friday for just the third time in 70 years with a listing price of $4.25 million.
Located in the community of Carmel Highlands, the house is just steps from the coastline and comes with private beach access, according to the listing with Tim Allen of Coldwell Banker Realty in Northern California. Allen was not immediately available for comment.
The property last changed hands in 2010 when Hollywood screenwriter Richard Outten bought it for $990,000, public records show. Outten penned the screenplays for the 1992 movie “Pet Sematary Two” and the 1987 film “Lionheart,” and created the story for the 2012 “Journey to the Center of the Earth” sequel, “Journey 2: The Mysterious Island.” He was not immediately available for comment.
Built in 1953, the home’s mid-century charm has been preserved over the years while still being updated for modern living. Interior details include wood paneling, exposed-brick walls and beamed ceilings.
The single-level house has 1,785 square feet, which includes three bedrooms and two full bathrooms. Though not directly on the water, large windows flanking the adobe-brick, wood-burning fireplace look out at the ocean.
Sliding glass doors create a seamless flow between indoor and outdoor living. Outside, there’s a large patio surrounded by lush landscaping, and there are also meandering paths through sustainable succulent gardens, according to the listing.
In addition to its close proximity to the beach, the home is a 10-minute walk from downtown Carmel-by-the-Sea.
As of July, the median list price in Carmel is $3.1 million, up 8% from last year, even as active listings have increased 50% year over year, according to data from Realtor.com.
