PHOTO: Larry Emdur and wife Sylvie. NEWS.COM.AU
TV personality Larry Emdur and his wife Sylvie have successfully sold their Kangaroo Valley vacation rental property, Sky Ridge, at a reduced price of approximately $2.78 million.
Belle Property, a local agency, had the property listed for 64 days before it was eventually sold this week.
The Kangaroo Valley home is made from shipping containers.
Emdur bought the property in 2020.
Sky Ridge is an environmentally friendly, off-grid, solar-powered home situated on a four-hectare plot of land. The property initially struggled to find a buyer when it was initially listed for $3.5 million in February of the previous year. The latest asking price was lowered to $3 million for this Alexander Michael-built residence, constructed from repurposed shipping containers. Emdur had purchased it for $2.15 million in 2020. The property had served as a family retreat after Emdur divested from a couple of long-held Bondi Beach investments.
However, his focus shifted towards rebuilding and renovating homes in Berowra Waters, a secluded Hawkesbury location accessible only by boat, leading to the decision to sell Sky Ridge. In Kangaroo Valley this year, only two houses have sold for over $2 million: Taliesin, also known as Rising Mist, was sold for $2,825,000, and Eyrie House, an architect-designed mountain retreat, fetched $2,475,000. Sky Ridge had been available for short-term rentals, managed by the host of “The Morning Show” and “The Chase Australia,” with rates ranging from $1,000 to $1,200 per night.
The interior of Emdur’s Kangaroo Valley holiday home.
Living room views of the valley.
The sale of the property also included the furnishings at the Mount Scanzi Rd house.