Michelle Bridges has listed the Southern Highlands estate she outbid celebrity chef Luke Mangan to buy at auction in December, 2017 – just before a major property downturn.
The personal trainer and television personality is seeking about $7 million, according to sources, for the four hectare estate at Kangaloon, 15 kilometres south east of Bowral.
That result would reflect a major windfall; she paid investment banker and Disability Services Australia director Gary Bailey $2.7m – $300,000 over guide – with former partner and The Biggest Loser co-trainer, Steve Willis.
Initially the estate was to have been a getaway for the Sydney-based pair which had been hunting for a Southern Highlands dwelling for over six months.
However from 2020, following the separation (and Ms Bridges selling a Potts Point apartment for $6.4m – a major rise on the $2.9m she paid in 2013), it became her main home.
The listing comes in the week veteran media executive Ita Buttrose offloaded a Mittagong home for a speculated $1.4m, a week after it hit the market.
Tennis court, pool
On Kangaloon Road, near the Kangaloon East border, the Bridges estate contains a tennis court, solar heated pool and gardens penned by Michael Bligh (story continues below).
It also includes a guest house built into a barn and a standalone structure with an outdoor kitchen.
The renovated single level homestead, developed in 1985, is designed with four bedrooms, formal and informal dining areas and three decks, one which overlooks a dam.
The Agency’s Ben Olofsen has the listing.
The property will be put to auction if not sold in the initial few weeks.
The vendor is expected to move back to Sydney.
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