Historic house at The Rocks sold by Moran family for $23 million

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Dr Shane Moran has sold Darling House at The Rocks for $23.1 million, while tech billionaire Scott Farquhar settled on his $130 million new home with no mortgage.

The Norris Nuts family have bought the home of Speedos Cafe’s Halaby family.Dr Shane Moran

may have made his fortune building on the family’s healthcare empire, but his penchant for restoring Sydney’s grand heritage homes has landed him a decent windfall thanks to the $23.1 million sale of Darling House. Taking the keys to the Georgian property in The Rocks is the family of Filipino businessman and Western Sydney Wanderers co-owner, whose CBD harbourside real estate includes a family compound, of sorts, in the Opera Residences at Circular Quay.

Darling House dates back to the 1830s, named after an 1823 land grant from NSW Governor Ralph Darling, and was completed in 1842 by local boat builder and publicanin an exclusive enclave once known as “Quality Row” for its grand merchant houses and affluent residents.Dr Moran, Provectus Care founder and chief executive, purchased the heritage-listed property in a dilapidated state from the NSW government at a 2016 auction, at which the sale price of $7.7 million set a suburb record.

The restoration and conversion of the property into seven luxury suites took three years and a reported $10 million. It was listed for sale a year ago with a $25 million guide that was expected to lure boutique hoteliers.Aileen

 

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