Stephen Nicholls, Property Journalist
First published 13 Nov 2026, 5:00am
54 Mona Rd, Darling Point sold for circa $22m.
A power couple have quietly sold their Darling Point home for about $22m via leading Sydney agent Alex Lyons, who has recently joined Christies.
A press release announcing Lyons’s move to the exclusive brand noted that the former Raine and Horne Double Bay gun had made the sale within seven days of his arrival, in conjunction with Highland Double Bay Malouf director David Malouf.
However, when contacted, Lyons said he couldn’t disclose any details about the sale of the luxury home with iconic harbour views, even the address, due to a non-disclosure agreement.
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Attractions include the incredible views and the glass-edged pool.
The couple bought the property for $10.85m in 2016.
But the floorplan on the quiet listing reveals the property to be the Mona Rd home of former Bond University chancellor and Cranbrook School president Dr Helen Nugent and Kolling Intitute of Medical Research chairman Michael Nugent.
The couple had bought the five-bedroom home with a self-contained apartment and lift and glass-edged pool for $10.85m in 2016 from Dennis Rabinowitz, of JPR Architects, who had converted it from a block of five one-bedroom apartments.
There’d been ambitious hopes of $25m when the property was launched in a public campaign two years ago, but to have achieved close to $22m, with Malouf’s help no doubt, in the current market is a strong result.
Before the couple bought it, it had been a block of five apartments.
Lyons has also picked up the level-72 three-bedroom apartment at Crown Residences at Barangaroo of Hani Sidaros and his wife, Gehan, which has incredible views.
Hani Sidaros famously started out flipping burgers at the age of 15 at McDonalds and ended up with an empire of a dozen Maccas franchises in Canberra.
The property had previously been listed with another agent with hopes in the $20m range, but Lyons is confident of getting the deal done with its $18m guide ahead of a December 3 auction.
“We’ve got three or four parties keen,” he said.
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