Adamson Siblings Set to Sell Historic Rose Bay Properties

Mark Adamson and Carol Writer, descendants of the heritage-rich Adamson family, are set to make a significant mark in the real estate market of Rose Bay. The siblings are preparing to sell two neighboring properties that have been in their family for decades, marking the end of an era. A unique combination of size, location, and historic value, the sale of these properties presents a rare opportunity to potential buyers.

Legacy of the Adamson Properties

The Adamson legacy in Rose Bay began with Charles Adamson, who purchased No. 12 Ian St in 1959 for a humble sum of 13,500. This property is now a five-bedroom home sitting proudly on a 1357 square meter block, boasting views of the iconic Harbour Bridge. The second property, No. 10 Ian St, was purchased by Florence Adamson, Charles' wife, from the estate of Phillipa Harvey in 2014. Harvey was the niece of the famed poet Banjo Patterson, adding a touch of literary history to the property. Florence paid $2.35 million for this three-bedroom, two-bathroom Federation-style home, nestled on a 680 square meter block.

Florence's Vision

Florence's decision to purchase No. 10 was motivated by more than just its historical connection. She was influenced by a desire to maintain continuity and avoid potential disruption from construction activities by new owners. By acquiring the neighboring property, Florence ensured she could continue to live in the family home she loved so much.

A Unique Opportunity

Now, after Florence's passing, the siblings are faced with selling these combined properties. Already, the properties have sparked strong interest from developers, thanks to the combined land size of over 2000 square meters in one of Sydney's most sought-after eastern suburbs. The properties are expected to fetch between $30 million and $33 million, a testament to their value and the rarity of such an opportunity. With No. 10 zoned for medium-density housing, developers have a unique chance to shape the future of this historic locale.