Bikini entrepreneur Natasha Oakley buys $17 million Bellevue Hill fixer-upper
As businesswoman Natasha Oakley and liquor heir Theo Chambers were preparing to exchange vows on Italy's Capri island on Friday, word was out back in Sydney that they had already lined up their matrimonial home.
Sources say Ray White's Ashley Bierman has quietly sold the couple a 1950s villa in Bellevue Hill for about $17 million, making a handsome capital gain for Laura and James Hannan, son of printing magnate Michael Hannan.
Hannan was until recently chief operating officer at leading media marketing and printing company Ovato, which went into administration a year ago. He has since joined the senior executive ranks of wholesaler Yatsal Distributors.
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The Hannans did well on the six-bedroom house, bravely picking it up in the market funk of mid-2020 for $9.05 million from property investor William Phillips and Christina Sachs Phillips, of neoprene bag line Cub + Scout.
Woollahra Council approved a development application for a $2.2 million redesign by Weir Phillips Architects in April, which is expected to be acted on by Chambers and Oakley.
Oakley is a former model who co-founded the swimwear label Monday Swimwear in 2014, later expanded her business interests to include The Pilates Class fitness program, and having accrued a few corporate endorsements to her name along the way landed on the AFR Young Rich List in 2021.
The couple has been based in Paddington where Chambers, chief of Shore Financial and son of Chamber Cellars founder Steven Chambers, purchased his sandstone house in 2017 for $5.4 million.
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This exclusive article was originally published in The Sydney Morning Herald