A stunning ‘holiday home’ on Sydney’s Northern Beaches owned by Macquarie Bank’s Ben Perham and his film-maker wife Kate Riedl has hit the market for a staggering $10 million to $11 million.
Located in Sydney’s Palm Beach, this beautiful two-storey home features five bedrooms and six bathrooms.
The house overlooks the famous holiday destination and offers stunning ocean views.
Perham and his wife, filmmaker Kate Riedl, purchased the property from the former Chanel executive in 2017 for $6 million. boss Gail Davidson and advertising guru Mike Hale, reported The Australian Financial Review last wednesday.
The house is built in a secluded location with no direct neighbours and is known in the area for its beautiful location overlooking the famous Palm Beach peninsula.
Designed with a thoughtful open floor plan that takes full advantage of its beachfront location, the home features spacious living areas and multiple entertaining spaces, hardwood floors, and two cozy fireplaces.
Thanks to the large windows throughout the house, you have a beautiful view from every room.
Highlights include a beautiful open-air terrace on the top floor, which opens into the spacious living room.
A stunning ‘holiday home’ 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 $10 million – $11 million price tag
Located in Palm Beach, Sydney, 42km from the CBD, this fantastic two-storey property features five bedrooms and six bathrooms
Perham and his wife, filmmaker Kate Riedl, bought the property in 2017 for $6 million from former Chanel boss Gail Davidson and advertising guru Mike Hale
There is also a large formal dining room and a more casual space for informal meals, just off the gourmet kitchen.
The luxurious master bedroom occupies an entire corner of the apartment and has a spacious en-suite bathroom.
One wing of the upper floor is furnished as a guest house for two guest suites, which share a private balcony.
On the lower floor there are two more guest rooms and an entertainment deck.
According to AFR, Perham, head of personal banking at Macquarie Bank, was the driving force behind the company’s entry into mortgage lending.
Riedl is an experienced filmmaker known for directing top commercials for brands such as Advil and Blacmores.
She has also directed documentaries and recently made the acclaimed short film The Suitor starring Sacha Horler.
The house overlooks the famous holiday destination and offers beautiful ocean views
The house is built in a secluded location with no direct neighbours and is known in the area for its beautiful location overlooking the famous Palm Beach peninsula.