A magnificent ‘holiday’ pad on Sydney’s northern beaches owned by Macquarie Bank’s Ben Perham and his filmmaker wife Kate Riedl has hit the market with a staggering price guide of $10million-$11million.
Situated at Palm Beach, Sydney, 42kms from the CBD, the amazing two-storey spread features five bedrooms and six bathrooms.
Perched overlooking the famous getaway location the home boasts stunning ocean views.
Perham, and his wife, filmmaker Kate Riedl, bought the property in 2017 for $6million from formal Chanel boss Gail Davidson and advertising guru Mike Hale, reported The Australian Financial Review last Wednesday.
Constructed on a secluded spot with no immediate neighbours, the home is famed in the area for its stunning position that overlooks the famed Palm Beach peninsula.
Designed with a thoughtful open plan that makes the most of the beach side setting, the home features expansive living areas and multiple entertainment spaces, hardwood floors and two cosy fireplaces.
Picture windows throughout make certain that there’s a stunning view from every room.
Highlights include a beautiful al fresco entertainment deck on the upper level which opens out from the expansive main living area.
A magnificent ‘holiday’ pad on Sydney ‘s northern beaches owned by Macquarie Bank’s Ben Perham (left) and his filmmaker wife Kate Riedl (right) has hit the market with a staggering price guide of $10million-$11million
Situated at Palm Beach, Sydney, 42kms from the CBD, the amazing two-storey spread features five bedrooms and six bathrooms
Perham, and his wife, filmmaker Kate Riedl, bought the property in 2017 for $6million from formal Chanel boss Gail Davidson and advertising guru Mike Hale
There’s also a large formal dining room and a more casual area set aside for informal meals right next to the gourmet kitchen.
The luxurious main bedroom occupies an entire corner of the spread and includes a lavish en suite.
Meanwhile, one wing of the upper floor is dedicated to two guest suites, which share a private balcony.
The lower floor also features two more guest rooms and an entertainment deck.
According to the AFR Perham, who is head of personal banking at the Macquarie Bank ‘spearheaded’ the company’s entry into mortgage lending.
Riedl, meanwhile, is an experienced filmmaker known as a director of top commercials for brands like Advil and Blacmores.
She has also directed documentary films and she recently made an acclaimed short The Suitor starring Sacha Horler
Perched overlooking the famous getaway location the home boasts stunning ocean views
Constructed on a secluded spot with no immediate neighbours the home is famed in the area for its stunning position that overlooks the famed Palm Beach peninsula
