{"id":43448,"date":"2023-07-04T09:22:59","date_gmt":"2023-07-03T21:22:59","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=43448"},"modified":"2023-07-04T09:22:59","modified_gmt":"2023-07-03T21:22:59","slug":"michelle-bridges-offers-massive-3-million-discount-on-luxury-home","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/michelle-bridges-offers-massive-3-million-discount-on-luxury-home\/","title":{"rendered":"Michelle Bridges Offers Massive $3 Million Discount on Luxury Home"},"content":{"rendered":"<p><strong>PHOTO: Michelle Bridges. HERALD SUN<\/strong><\/p>\n<div class=\"description g_font-long-format\"><\/div>\n<p><a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Michelle+Bridges&amp;submit=Search\">Michelle Bridges<\/a>, the renowned fitness entrepreneur, finds herself facing difficulties in selling her exquisite five-bedroom estate in Kangaloon, which she acquired through a pressure cooker auction in 2018. Despite making multiple price reductions, the property, known as Summerside, remains unsold as Ms. Bridges plans to return full-time to Sydney.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"QQYvgmELMZ\"><p><a href=\"https:\/\/www.propertynoise.co.nz\/who-are-the-movers-and-shakers-of-the-nz-real-estate-industry\/\">Who are the &#8216;MOVERS AND SHAKERS&#8217; of the NZ real estate industry? BUY NOW $19.99<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Who are the &#8216;MOVERS AND SHAKERS&#8217; of the NZ real estate industry? BUY NOW $19.99&#8221; &#8212; Property News NZ | propertynoise.co.nz\" data-src=\"https:\/\/www.propertynoise.co.nz\/who-are-the-movers-and-shakers-of-the-nz-real-estate-industry\/embed\/#?secret=UvR79A6S4F#?secret=QQYvgmELMZ\" data-secret=\"QQYvgmELMZ\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Initially listed with a price guide of $7 million by her then agents, The Agency, the property was taken to auction in March, but the highest bid fell short at $4.825 million. After the auction, the revised guidance brought the price range down to approximately $5 million.<\/p>\n<p>Ms. Bridges had outbid celebrity chef Luke Mangan when purchasing the property for $2.7 million, which offers an in-ground pool, tennis court, an artist studio, and a barn-style double garage with a loft bedroom and bathroom, all set amidst beautifully designed gardens by Michael Bligh.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-43450\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-300x169.jpg\" alt=\"Southern Higlands\" width=\"300\" height=\"169\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-300x169.jpg 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-1024x576.jpg 1024w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-768x432.jpg 768w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-465x262.jpg 465w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands-695x391.jpg 695w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/07\/Southern-Higlands.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><em><strong>A price guide of $7m had been suggested for the Souther Higlands property in February.<\/strong><\/em><\/p>\n<p>Despite relisting the 4.1-hectare estate for May auction with hopes ranging from $4.6 million to $4.8 million, the property has not yet found a buyer. The Ray White agency, responsible for the sale, has now adjusted the price range to $4.15 million to $4.4 million.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"ZC17CYxBrO\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/fitness-guru-michelle-bridges-outbids-chef-luke-mangan-2-7m-weekender\/\">Fitness guru Michelle Bridges outbids chef Luke Mangan for $2.7m weekender<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cFitness guru Michelle Bridges outbids chef Luke Mangan for $2.7m weekender\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/fitness-guru-michelle-bridges-outbids-chef-luke-mangan-2-7m-weekender\/embed\/#?secret=K2MzhzCQE7#?secret=ZC17CYxBrO\" data-secret=\"ZC17CYxBrO\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>To enhance marketing efforts, Ms. Bridges enlisted Emily Hill from StyleCo to style the house interiors, a move she recommended to her 266,000 followers on Instagram. StyleCo, founded by Hill in 2017, provides styling services for properties in the Highlands, Southern Tablelands, and the South Coast.<\/p>\n<p>The Southern Highlands, once among the fastest-growing regions in 2021, faced significant challenges due to interest rate increases in the past year, according to PropTrack figures.<\/p>\n<p>Despite the hurdles, Michelle Bridges remains hopeful that the right buyer will soon discover the charm and elegance of her Kangaloon home, offering it at a substantial $3 million discount from its original price.<\/p>\n<p>SOURCE: NEWS.COM.AU<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Michelle Bridges. HERALD SUN Michelle Bridges, the renowned fitness<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/michelle-bridges-offers-massive-3-million-discount-on-luxury-home\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":43449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478125652,478118588,478125653,478125647,478125649,478125648,478125136,478125650,478124734,478125654,478125651,478125655],"class_list":["entry","author-data123nz","post-43448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-emily-hill","tag-fitness-entrepreneur","tag-highlands","tag-kangaloon","tag-kangaloon-home","tag-kangaloon-mansion","tag-kangaloon-property","tag-kangaloon-real-estate","tag-michelle-bridges","tag-southern-tablelands","tag-styleco","tag-summerside"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Michelle Bridges Offers Massive $3 Million Discount on Luxury Home - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/michelle-bridges-offers-massive-3-million-discount-on-luxury-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michelle Bridges Offers Massive $3 Million Discount on Luxury Home - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Michelle Bridges. 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