T2 founder sets record with home sale
T2 co-founder Maryanne Shearer is selling a renovated and extended Arts & Crafts style family home opposite Cummings Reserve and the beach, in Middle Park.
Between $13-$14 million is understood to have been achieved for 297 Beaconsfield Parade, which only hit the market last week.
A result in that range would break the $13.025 million record set for a home in the suburb on October 2, when 253 Beaconsfield Pde traded after a couple of months on the market.
Jellis Craig’s Max Mercuri and Simon Gowling sealed the deal – #297 is marked “under offer” – before the close an expressions of interest campaign next month.
Another record breaker
On 691 square metres, the Shearer home also fronts Ashworth St, off which it has a four car garage.
Developed in 1910, later refurbished, the dwelling contains a grand entrance, four bedrooms, an office and three bathrooms.
Upstairs is entirely devoted to living/dining, with an east facing terrace, part covered by a retractable awning (story continues below).
Period features including intricate fretwork and bay windows.
The kitchen includes stainless steel benchtops and a 110mm Wolf stove.
The garden has been penned by Aleister Branwen Horticulture.
Ms Shearer co-established T2 in 1996.
The business sold to Unilever 11 years ago for $60m.
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