surveyed where the country’s top stockbrokers lived. On Sydney’s north shore and eastern suburbs, it turned out. Now, stockbrokers are out – investment bankers are in. And no prizes for guessing where they live.
Simon Cohen is the founder Cohen Handler, a buyers agency which helps its wealthy clients find the right properties. He says bankers are “smart people who looked for smart areas” when it came to property investment. “Mosman is definitely an area where bankers end up. It is a beautiful suburb with natural bushland and beaches. And you get a lot more bang for your buck there than you would in the eastern suburbs,” says Stephen Smith, a joint principal at SydneySlice, a buyers agency based in Paddington.
Some of the country’s most storied investment bankers are peppered throughout Mosman’s so-called “golden triangle” – a tightly held parcel bordered by Burran, Hopetoun and Kirkoswald avenues.MA Financial’s Pridham broke lower north shore records at the time with a $25 million waterfront trophy home dubbed Hopetoun, while Barrenjoey’s Matthew Grounds has bought and sold properties there, including a five-bedroom home that overlooked Grotto Point.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: 7NewsAustralia - 🏆 11. / 71 Read more »