The house was sold by Australian Rugby Foundation chair Ben Scott, and for $2.5 million more than he paid just three years ago.
Kaftan queen Camilla Franks is returning to her Bondi roots, snapping up a landmark residence on one of the suburb’s largest privately-held blocks for about $12.5 million.billionaires Andrew and Nicola Forrest announced a minority shareholdingGnal Loa is a five-bedroom Federation house set on 1015 square metres, making it one of the suburb’s largest privately held blocks.
Franks purchased the Federation house, called Gnal Loa, on Tuesday night, from Pensiri and Ben Scott, the latter of whom is a partner at Barrenjoey Capital and chair of the Australian Rugby Foundation. Phillips declined to comment on the sale, but word of Franks’ purchase surfaced on Wednesday morning soon after the home was marked as sold on property portals.
The house was renovated in the almost three years the Scotts owned it, with newly landscaped Myles Baldwin Design gardens and approval for a redesign by Kelvin Ho, of Akin Atelier.