Whale Beach, Sydney – A sprawling seven-bedroom clifftop residence, previously owned by former Miss Universe Jennifer Hawkins and builder Jake Wall, has been officially settled for $30 million. The transaction marks the culmination of a significant property development project that spanned nearly five years and saw the property evolve into one of the area's most substantial luxury homes. The buyer, identified as Renato Coneliano, executive director and marketing director of chemical supplier Redox, and his wife Catherine, has now taken ownership of the expansive estate.
The palatial home, situated on nine acres with direct lagoon frontage and commanding views towards Avoca Beach, boasts an array of high-end amenities. These include a swimming pool, spa, outdoor bar, wine room, mud room, games room, a bowling alley, and a home office. The property's sheer scale and comprehensive features have been a focal point since construction began.
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Buyer and Seller Background
Daniel Appleby, a managing director at Speed and Stracey Lawyers, represented the Coneliano family in the purchase. His role reportedly involves addressing tax matters and estate planning for affluent Australian families, suggesting a focus on intricate financial and generational strategies.
Hawkins and Wall have cultivated a reputation as active participants in the property market, with this Whale Beach development being their latest venture. Their previous projects include a luxury home in Newport, acquired and developed over a four-year period.
Development and Local Reaction
The construction, which commenced approximately five years ago, involved significant transformation of the clifftop site. Features observed from aerial imagery include manicured gardens, a pool deck, and a basketball half-court, with further terraced sections and an infinity pool underscoring the project's ambition. The property's sheer size, estimated to be significantly larger than its neighbours, has reportedly stirred some local tension due to its scale and the logistical challenges of construction on a narrow lane.
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The sale itself was not initially public, occurring as an off-market deal. While some reports indicated the buyer was a project financier, recent details confirm the Coneliano’s acquisition. The ongoing construction has been a protracted affair, with completion and settlement occurring concurrently, reflecting the complex nature of such large-scale luxury builds.
