Pauline Hanson One Nation founder David Oldfield sells Northern Beaches for $13.75m

2 days ago 18

David Oldfield, co-founder of Pauline Hanson’s One Nation, has sold his former matrimonial home in Belrose, which cost $1.89m in 2011. Michael Andrews of Sydney Country Living and Jonathan Fletcher of Domain Project Sales held the listing for the 10,854sq m Forest Way site since last October. MORE: Jackie O’s cunning $30m exit plan amid Kyle payout A family home at Belrose bought by former politician David Oldfield for $1.89 million in 2011 has been sold as a potential $17.5 million 35-home retirement village. Picture: Supplied No sale price has been revealed, but the speculation is that about $13.75m was secured. There had been prior deals which didn’t proceed to settlement, including one in 2021 at $7m. Adjoining the Garigal National Park, it was sold with approval for an over-55s living development with 35 homes and 72-car garaging. It’s understood the latest put and call option has been taken by interests associated with boarding house operator, Pei Long Wu. Oldfield had initially envisaged its development potential in 2016. MORE: How David Jones signed its own death warrant David Oldfield. The 67-year-old former state MP submitted the current development application in 2022, w...

Read Entire Article