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Jen Hawkins and her builder husband, Jake Wall, have settled their Whale Beach property.<\/p>\n
The mega-mansion built at Whale Beach by the model Jen Hawkins and her builder husband, Jake Wall, has been settled at $30m, some five years into its construction.<\/p>\n
The couple intended to live in the oceanfront Rayner Rd property but a Christmas Eve 2021 caveat on title revealed a put and call option to a mystery potential buyer. Cotality records now reveal the property was officially exchanged in April 2024. <\/p>\n
Rayner Property Pty Ltd, the nondescript shelf company buyer, became the project\u2019s co-financier and now has NAB finance for its purchase.<\/p>\n
Realestate.com.au reported in September<\/a> that a company owned by neighbour David Appleby took out the caveat for the property, however, it is unknown if Rayner Property Pty Ltd is the same organisation owned by Appleby.<\/p>\n Occupancy of the property will reveal the buyer\u2019s identity. <\/p>\n Locals reckon its been the most expensive build ever on Sydney\u2019s northern beaches, dubbing it the \u2018Taj Mahal of Whale Beach\u2019. One agent estimated it had a $45m end value.<\/p>\n MORE: Exposed: Best and worst suburbs to own an EV<\/a><\/p>\n Jen Hawkins and Jake Wall\u2019s Whale Beach home has been settled at $30m. Picture: Rohan Kelly<\/p>\n MORE: Celebrity lifeguard cashes in $1.5m<\/a><\/p>\n The initial 2020 development application was costed at just $3m for the amazing cliff top residence on it\u2019s 3073sq m block. It comes with a gym, yoga room, sauna, theatre, bowling alley and wine room. Its grounds come with outdoor bar, infinity pool, plus spa along with a shell-shaped sunken lounge. There\u2019s a basketball half court.<\/p>\n The couple demolished Rocca Bella, the three-level 1950s timewarp residence with overrun tennis court which had been the home of the opera legend Dame Joan Sutherland for nearly four decades.<\/p>\n MORE: How petrol price spike could hit home values<\/a><\/p>\n Jen Hawkins and ake Wall. Picture: Supplied<\/p>\n Wall and Hawkins paid $6.95m in July 2020 when it was bought from Lorraine Tarabay, who\u2019d paid $6.9m in 2015, but decided to renovate or replace the house.<\/p>\n The completed project, and the one underway next door, also owned by Rayner Property, was undertaken by Wall\u2019s J Group Projects.<\/p>\n The couple retain acreage at Erina on the Central Coast which cost $3.7m in 2022, and also have a redundant Terrigal acreage that cost $6m in 2021.<\/p>\n Neighbour exodus amid complaints<\/p>\n Although local agents claim Mr Wall is very respectful of neighbours while the construction is going, there has been numerous reports of complaints from neighbours and disruption to the community.<\/p>\n Rayner Rd is a tightly held spot, with nearly half of the properties having jaw-dropping ocean views, yet a string of neighbouring sales have followed since the demolition and construction began in 2021.<\/p>\n At the start of October, two more properties on that street were listed for sale and open for inspection \u2014 18-20 Rayner Rd, a 1733sqm property with 30m of ocean frontage; and 19 Rayner Rd, described as a north-facing sunlit home with four bedrooms.<\/p>\n Utes, trucks and construction equipment have been reported to block the already tight road. Picture: Google Maps<\/p>\n In February, 23 Rayner Rd sold for $5.2m, while 21 Rayner Rd sold in 2023 for $4m, and 27 Rayner Rd also changed hands around the time of demolition.<\/p>\n Other recent sales on the road include number 9 and Mr Appleby\u2019s first purchase at number 30.<\/p>\n It is unknown if the sales are related to the construction.<\/p>\n Reports and images show utes and trucks blocking the street during construction, as locals say off-road parking is near impossible on the already tight road. Owners have also claimed online they had driveways blocked off for hours.<\/p>\n Rayner Rd has only about 30 homes on the street and almost half of the homes boast ocean front views.<\/p>\n MORE: Australia\u2019s $85bn savings crisis exposed<\/a><\/p>\n<\/p>\n
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