{"id":27696,"date":"2020-09-20T11:31:44","date_gmt":"2020-09-19T23:31:44","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=27696"},"modified":"2020-09-20T11:31:44","modified_gmt":"2020-09-19T23:31:44","slug":"businessman-michael-zammit-lists-point-piper-home-for-40m","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/businessman-michael-zammit-lists-point-piper-home-for-40m\/","title":{"rendered":"Businessman Michael Zammit lists Point Piper home for $40m"},"content":{"rendered":"<p><strong>PHOTO: The Point Piper residence of Michael and Gail Zammit is up for grabs for the first time since 1998.<\/strong><\/p>\n<p class=\"first-para\">Houses on Point Piper\u2019s waterfront have been in short supply this year, but that looks set to change after last week\u2019s\u00a0<a href=\"https:\/\/www.domain.com.au\/news\/katies-co-founders-sell-point-piper-trophy-home-edgewater-for-95-million-985723\/\">$95 million sale\u00a0<span class=\"deletion-note\">up the road\u00a0<\/span>of a duplex<\/a>\u00a0owned by Katies co-founder Joe Brender and the estate of his late business partner Sam Moss.<\/p>\n<p>Now, Gail and Michael Zammit, the student accommodation developer, are expecting to pocket more than $40 million for their Wolseley Road home set on what is arguably Sydney\u2019s most exclusive patch of sand at Lady Martins Beach when it hits the market early next week with Bill Malouf, of LJ Hooker Double Bay.<\/p>\n<p>The Zammits\u00a0have undertaken a major renovation the three-level residence since they bought it in 1998 for $3.6 million from\u00a0medicos Kai Tai Yeung and Connie Chun-Man Leung. At the time the Zammits were\u00a0trading over from Centennial Park where they sold their former mansion for $2.5 million to Shari-Lea Hitchcock, the mistress of the late cardboard king Richard Pratt.<\/p>\n<figure class=\"wp-caption alignnone lead-wide size-full\"><img decoding=\"async\" id=\"988648\" class=\"size-full alignnone lazyload\" data-src=\"https:\/\/res.akamaized.net\/domain\/image\/upload\/t_web\/v1600399622\/2.Aerial-2-Blur-Border_1_y4qoh2.jpg\" alt=\"152 Wolseley Road Point Piper\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><figcaption class=\"wp-caption-text\"><em><strong>The three-level house is set behind a boathouse that opens to Lady Martins Beach.<\/strong><\/em><\/p>\n<p>READ MORE VIA<a href=\"https:\/\/www.domain.com.au\/news\/businessman-michael-zammit-lists-point-piper-home-for-40-million-988641\/?utm_campaign=strap-masthead&amp;utm_source=smh&amp;utm_medium=link&amp;utm_content=pos5&amp;ref=pos1\"> DOMAIN<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">INTERESTED IN BECOMING A SUPPORTER?<\/span><\/h3>\n<p>Property Noise Australia exists to provide an independent aggregationof Property News in Australia. By supporting www.propertynoise.com.au with your contribution, you\u2019ll be helping to strengthen our team as we bring quality and considered Property News to our viewers. Thank you for your consideration.<\/p>\n<p>CLICK BELOW TO BECOME A SUPPORTER<\/p>\n<form action=\"https:\/\/www.paypal.com\/cgi-bin\/webscr\" method=\"post\" target=\"_blank\">\n<div class=\"paypal-donations\"><input alt=\"PayPal - The safer, easier way to pay online.\" name=\"submit\" src=\"https:\/\/www.paypal.com\/en_US\/i\/btn\/btn_donate_LG.gif\" type=\"image\" \/>\u00a0<img decoding=\"async\" data-src=\"https:\/\/www.paypal.com\/en_US\/i\/scr\/pixel.gif\" alt=\"\" width=\"1\" height=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 1px; --smush-placeholder-aspect-ratio: 1\/1;\" \/><\/div>\n<\/form>\n<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: The Point Piper residence of Michael and Gail Zammit<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/businessman-michael-zammit-lists-point-piper-home-for-40m\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":27697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098519,478098535,478111511,478111509,478099112,478111510,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-27696","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-home-ownership","tag-house-prices","tag-lady-martins-beach","tag-michael-zammit","tag-point-piper","tag-point-piper-home","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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