Luxury property: Kourtney Kardashian, Mark Wahlberg among the celebrities and business heavyweights taking advantage of Sydney’s prestige rentals

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AFR Weekend takes a look inside Sydney’s secret world of prestige rentals, where A-listers and business heavyweights dig deep for temporary accommodation.

Posting to her 223 million Instagram followers, the reality TV star uploaded a sweeping panorama of Sydney Harbour, complete with squawking cockatoos. In another snap, Kardashian reclined in a chic glass conservatory.Along with their Tamarama beach house and Duffys Forest equestrian estate, the couple’s Bellevue Hill home is sought by visiting A-listers and wealthy families as a luxury Sydney base when the Fonseca family is out of town.

While Maya’s residences are geared towards short- to mid-term rentals, if the logistics line up, the properties can also be secured for the long term.“We just signed one of the properties in our portfolio on a 12-month lease for $200,000,” she says. The founder of Sydney Slice, Deb West, says the dedicated executive rental search service works closely with relocation agents and wealthy locals to trawl for long-term prestige rental options – those priced at $10,000 or above.

It is understood Sullivan was paying about $11,000 a week to use Leura as her temporary base, before exiting ahead of the Lynchs’ planned renovation works.Although visiting celebrities or expats on extended visits can drive shorter-term rentals, Sydney Slice’s West says the bulk of long-term prestige renters fall into two broad categories.

For the advertised $441,000 a year, the new tenants can expect to enjoy not one but two jetties, a boathouse and four sandstone terraces with views across Sailors Bay. Designed by Michael Suttor and with interiors by Thomas Hamel, the estate also features two self-contained one-bedroom units and a waterfront pool.BresicWhitney’s McGlynn says the Northbridge property represents why vendors opt to rent.

 

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