Bungalow Co Director Lisa Scoble Sells Coogee Mansion in High $20M Range
Lisa Scoble, director of Sydney shared housing company Bungalow Co, has sold her Coogee clifftop mansion for a figure in the high $20 million range, local sources say. The price would beat the suburb's $20 million record, though the final figure stays hidden until settlement.
Lisa Scoble, director of Sydney shared housing company Bungalow Co, has sold her architecturally designed Coogee mansion for a figure in the high $20 million range, local sources say. The affordable housing boss sells at a time when the listing had carried a $35 million guide.
Even below that guide, the price would beat the suburb record of $20 million, set in 2024 when the penthouse at Ballamac House was bought off the plan.
A sold sticker appeared on the listing, indicating a sale before the auction on November 6. The price was withheld. Settlement will reveal the exact figure and the buyer's identity.
A clifftop rebuild
Scoble bought the existing house on the clifftop site for $6.9 million in 2011, records show. Architect Renato D'Ettorre and interior designer Belinda Brown worked on the multi-level rebuild above the cliffs of Gordons Bay. It has five bedrooms and six bathrooms.
A whitewashed facade recalls Aegean Islands architecture, and perforated brickwork filters sunlight. Inside are a Verdi Alpi marble kitchen, a gym and steam room, a music room, a cellar, an infinity pool, a self-contained studio and uninterrupted ocean views.
Scoble said she knew D'Ettorre's work, particularly on Queensland's Hamilton Island, and gave him scope to work his magic. "You really go on a journey throughout the home with its various spaces and enormous range of views," she said.
The build was not always smooth. "It was a really lengthy time with approvals, particularly dealing with the potential view losses from other residents in the area," she said. Of the sale, she added: "It's bittersweet to sell, but it's the classic time to downsize."
Bungalow Co offers fully furnished rooms for rent across the city, from Bexley to Bondi, from $200 a week.
Michael Pallier, James Ball and Nicholas Wise of Sydney Sotheby's International Realty sold the home. They declined to comment on any aspect of the sale.
Another downsizer in Mosman
Former ASX listings boss Blair Beaton and his wife Michelle have sold their waterfront home in Mosman for $17.5 million as they plan to downsize. Records show they paid $9.5 million for it in 2018, then renovated.
The five-bedroom, four-bathroom house has an infinity pool, deck and terraces, and views over Middle Harbour to The Heads. It is one of only a handful in the area with private beach access.
Adrian Bridges of Raine & Horne Mosman, who sold it with Luke Arnold, confirmed the sale but kept quiet on the buyer. "This result demonstrates strong buyer demand and a willingness to compete to secure rare and unique properties," Bridges said.
Beaton stepped down as ASX group executive (listings) in June last year. He had held the role since August 2022.
Separately, a Double Bay apartment once owned by former Little River Band frontman Glenn Shorrock is on the market with a $20 million price guide. Vendor Michele Haifer bought the three-bedroom unit from Shorrock and his former wife Joan for $8.45 million in 2020.
