NRL Titans owners make millions on sale of beach unit in Blues territory

first_imgThe new owners of the Gold Coast Titans: Darryl Kelly, Jo Kelly, Rebecca Frizelle and Brett Frizelle. Picture: Glenn Hampson. GET THE COURIER-MAIL’S REAL ESTATE NEWS FREE & DIRECT TO INBOX More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoThe Patriarch’s stunning four bedroom, three bathroom, two car parking luxury apartment was built in 1993 with the family paying the then princely sum of $1.125m for it.The home sold faster than the average property in what’s considered a hot market, changing hands in 24 days compared to Manly’s median days on market of 29. The patriarch of the family, James Frizelle, whose multimillion-dollar business still holds his name. Picture: Mike Batterham.Agent Michael Clarke of Clarke & Humel Property sold it for almost five times that amount — $5.565m — over the weekend.It occupies an entire floor in what’s considered a landmark building in an area full of prestige properties.Mr Clarke listed it as having been “tightly held and treasured” by the owners for 23 years with its 180 degree views of the surf and horizon and its exclusivity with just four owners in the building. Unbeatable view from the living room.The property also has a home office with ensuite that could be a guest bedroom or fifth bedroom.The strata fees for the property were $3,612 a quarter with council costs at $3,016 a year and water at $688 annually. FOLLOW SOPHIE FOSTER ON FACEBOOK How’s that for a top location? Pity it’s in Blues territory … HOUSE PRICES HIT A RECORD HIGH BRISBANE HOME SET FOR TV FAME OLD WEST STYLE CABIN SOLD FOR $100K The pair decided to give up their luxury escape just months after son Brett and daughter-in-law Rebecca became were part of a local consortium with richlisters Darryl and Joanne Kelly that became the new owners of the Titans in December. The exclusive whole floor apartment is beachside in Manly, NSW.THE Queensland motoring family that co-owns NRL’s Gold Coast Titans has just landed five times what they paid for their millionaire beach apartment. The head of James Frizelle’s Automotive Group, James and his wife Roslyn, had held onto a luxurious beachfront getaway since the 1990s, and it’s located in Manly — not the Maroons’ Manly in Queensland, but the Blues’ one in Sydney’s Northern Beaches. Not a bad outlook on life at all.In the last five years alone the Manly area has seen its median price surge by 84.6 per cent, with the median asking rent now $780 a week.The prestige home has a separate dining room, a granite kitchen with as-new Gaggenau oven, all bedrooms have built-ins and open to sunny rear balconies, and the main bedroom opens to a seaside terrace. The main bedroom opens to a seaside terrace. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 7:28Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:28 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenElizabeth Tilley talks prestige property07:29last_img

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