Jennifer Hawkins\u2019 $45m \u2018Taj Mahal\u2019 is almost finished as rumours of a mystery buyer grow.<\/p>\n
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Jennifer Hawkins\u2019 $45m \u2018Taj Mahal\u2019 is almost finished as rumours of a mystery buyer grow. Picture: Supplied<\/p>\n
The Daily Telegraph reports<\/a>, the Sydney mega-mansion former Miss Universe Hawkins and her husband Jake Wall have been building, and has been the talk of the city\u2019s Northern Beaches, is close to completion.<\/p>\n The couple first bought a block of land at exclusive Whale Beach in 2020.<\/p>\n The home has been valued by local agents to be worth as much as $45m and is reported to have been snapped up already by a mystery buyer. However there is no confirmation of who the buyer is.<\/p>\n Yet.<\/p>\n RELATED: Neighbours upset over Hawkin\u2019s mega-build<\/a><\/p>\n The project dates back to 2020. Picture: Tim Hunter.<\/p>\n Dubbed the \u2018Taj Mahal of Whale Beach,\u2019 the huge property at 24-26 Rayner Rd is being developed by Hawkins\u2019 and Wall\u2019s development company, J Group Projects, despite controversy and reports of complaints from neighbours over the construction<\/a>.<\/p>\n The massive construction and its appeal has resulted in a domino effect in the oceanfront neighbourhood, with properties next door changing hands in huge money deals worth as much as $30m.<\/p>\n \u201cWhale Beach is a pretty exclusive spot so you don\u2019t get many properties coming up for sale,\u201d McGrath Pittwater agent Luke Nolan-Harris said.<\/p>\n \u201cIt\u2019s an intimate suburb and Rayner Rd is pretty exclusive. There is only 30 homes with about 30 per cent being ocean front.\u201d<\/p>\n MORE: Jackie O\u2019s cunning $30m exit plan amid Kyle split<\/a><\/p>\n What Jennifer Hawkins Whale Beach mega mansion will look like upon completion. Picture: J Group<\/p>\n The focus on Hawkins home has also shone a spotlight on other high-end homes in the area, such as a nearby $30m mansion that has its own golf course.<\/p>\n Given Hawkins and Wall spent around $7m on the land and around $10m on construction, they stand to make a hefty profit. Although the new owner of the home is reportedly financing some of the latter construction.<\/p>\n Hawkins and Wall intended in initially live in the property but after the big money offer, they have set their sights on bunkering down further north on The Central Coast.<\/p>\n RELATED: Jennifer Hawkins\u2019 $6m hideaway for sale<\/a><\/p>\n It\u2019s been valued at as much as $45m. Picture: J Group<\/p>\n The couple listed their $6m Terrigal home in October last year<\/a>.<\/p>\n The demolition of a 1950s home was completed in 2021 to make way for the new dwelling. Plans for a three-storey, five-bedroom pad complete with a gym, yoga room, theatre, four-car garage, half basketball court, sauna, and more were approved by the local council.<\/p>\n Once completed, the home will enjoy spectacular views over the waters of Dolphin Point.<\/p>\n J Group shared renderings for the proposed building on their Instagram account.<\/p>\n MORE: \u2018Sad, sterile\u2019: Married At First Sight\u2019s secret sight revealed<\/a><\/p>\n The couple\u2019s other property flip at Newport.<\/p>\n MORE: $30m of Bondi \u2018legacy\u2019 for sale<\/a><\/p>\n Hawkins and Wall have a good track record of flipping high end properties, selling their ultra deluxe Newport home Casa Paloma to Atlassian boss Mike Cannon-Brookes for $24.5m in 2020.<\/p>\n MORE: Djokovic to challenge Federer in $500m retirement battle<\/a><\/p>\n
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Kick everybody out\u2019: the pub baron now taking over radio<\/a><\/p>\n