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Rose Bay waterfront mansion set to hit the market with $100m+ price expectations - realestate.com.au

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Rose Bay waterfront has $100m+ price hopes _SteveNicholls

An aerial view of 14 Tivoli Ave, Rose Bay, which is set to hit the market.

The 1,125 sqm property is at 14 Tivoli Ave, right next door to Villa Florida, the Michael Suttor-designed home bought by Coverforce insurance broker, Jim Angelis, for $45m via BlackDiamondz principal Monika Tu in 2021.The street facade of 14 Tivoli Ave, Rose Bay. Interior pictures not available. Records show 14 Tivoli Ave to be in the name of residential and commercial property investor Orazio Camuglia.

He and wife Yolanda feature in a 2007 newspaper report about their legal fight, costing more than $200,000, over a neighbour’s proposed development threatening their harbour view. The report said they’d bought their Rose Bay apartment for its view of the harbour. “Before we bought, Yolanda even went to [Woollahra] council to find out about people building in the area affecting the view, ” Orazio Camuglia says in the story.The Camuglias have spent many years renovating the property, with a gym on the waterfront and a jetty among the highlights.

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Australian home prices are insane...... way too high.

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