Latest news with #Cloyne
Irish Examiner
13-07-2025
- Sport
- Irish Examiner
Pat Ryan gets minutes into his extended Cork panellists in League deciders
PAT RYAN took the chance to get some game time into his extended Cork panel as the finals of the Red FM Cork Hurling League took place across the weekend. Sarsfields chose to use Cathal McCarthy and Daniel Hogan in the second half of their Division 1 final victory over a St Finbarr's side who did the same with William Buckley and Jack Cahalane. Midleton took the Division 2 title with a victory over Killeagh while in Division 3, Eoin Roche played the opening half for Bride Rovers as they bested Newcestown by 1-29 to 3-16 in the final. In the end it took Rovers extra time to see off Newcestown at a sundrenched Riverstown, as they overturned a four-point deficit in extra time before kicking for home. Adam Walsh was their scorer in chief with 0-13, Conor Barry plundered 0-6, Louie Roche hit 1-2 while Conleith Ryan, Ronan O'Connell and David Barry all clipped 0-2. Eddie Kenneally underlined his importance to Newcestown in scoring 1-10, Jack Meade hit 1-1, including his customary sideline, while Gearóid O'Donovan raised their third green flag in extra time. Bandon suffered disappointment for the second weekend in-a-row as Inniscarra edged them by 3-11 to 2-13 in the Division 4 final played in Ballinhassig. Andrew McCarthy's goal six minutes from time was the key score for Inniscarra as it gave them the edge in the final stages. McCarthy also hit 0-2 for the winners, Pádraig Holland scored 1-2, Mark Nagle clipped 1-1 while Joseph Enright pilfered 0-4. Michael Cahalane top scored for Bandon with 0-7, Mark Sugrue scored 1-2 while Ciarán McCarthy clipped 1-1. Bandon's disappointment in losing hurling and football finals will be offset by the promotion in both codes. Pictured with the Red FM Div 1 Hurling league trophy were John, Orla and Hollie Crowley from Sarsfields. Picture: Howard Crowdy Where Bandon suffered double disappointment, Aghabullogue experienced double joy as they claimed the Division 5 title to go with their Division 4 football title with a 5-14 to 1-9 win over Ballyhea in Glantane. Matthew Bradley, as he so often does, led the way for Aghabullogue by scoring 1-7, James Lane hit Ballyhea for 2-2 while Luke Casey clipped 2-1. Luke Crowley raised Ballyhea's green flag, while John Morrissey and Maurice O'Sullivan both scored 0-3. The Division 6 final saw Glen Rovers and Cloyne clash in Caherlag with the city men earning a 1-14 to 0-16 victory. Cloyne seemed to be the stronger side for 40 minutes of this game but Evan Murphy's goal in the 41st-first minute tipped the tie in the Glen's favour. Murphy supplemented his goal with seven points while Dylan Long and Lee Quilligan both hit Cloyne for 0-2. Brian O'Shea led the charge for Cloyne with 0-9 while Conor Cahill hit 0-3 from midfield. Finally, Diarmuid Ó Mathúna's took the Division 7 title as late goals from Gearóid O'Donovan and Caolán O'Donovan fired them to a 3-12 to 0-15 win over Killavullen in Ballyanley. Caolán O'Donovan added 0-9 to his goal for the West Cork men, Gearóid O'Donovan also clipped a point while Jamie Lucey hit Killavullen for 1-1. For Killavullen, Jamie Magner was their top man with 0-8 while Owen Magner helped himself to 0-3.
Yahoo
15-06-2025
- Business
- Yahoo
Dreaming of a lakeside cottage but can't afford it? Co-ownership could open that door
A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the dream for Corrine Evanoff. "For years, I've been on this journey of trying to find a cottage that would work for us," she said. But Evanoff and her husband didn't want to incur the burden of constant cottage maintenance — spending vacation days fixing decks and pruning trees. They opted instead to rent over the years, still hoping to one day buy. Then, it happened. They found a cottage not too far from home — for a fraction of the price they thought they'd have to pay, thanks to fractional ownership. Also called co-ownership, it allows people to buy a share of a property with others, whether it's family, friends or even strangers. Affordability sits at the heart of fractionally owned cottages. Many Canadians still find themselves priced out of the market, even as cottage prices have declined from peaks seen during the pandemic. Re/Max brokers and agents anticipate a national average price increase of about 1.8 per cent across the Canadian recreational market in 2025, a May report by the real estate firm, showed. On their first visit to check out a prospective cottage last fall, Evanoff recalled walking into a lake-facing cottage with large windows at Frontenac Shores in Cloyne, Ont., about 300 kilometres northeast of Toronto, and was sold. "We sat in these Muskoka chairs on the beach and our feet are in the water, and I just felt the stress shredding off me," she said. "This is the dream that I've been dreaming for all these years … and this is within reach." Evanoff and her husband now own one-tenth of a million-dollar cottage, costing them less than $100,000 for their share — and affording them five weeks a year at the property. Fractional ownership of a cottage is not like a timeshare, said Realtor Mike Lange, who has been dealing with co-owned cottages for about seven years in Kawartha Lakes, Ont. "With a timeshare, you put your name in requesting a location, you have no guarantee that that's going to be available," he said. "There's been a lot of heartaches over them over the years." Timeshare properties can be owned by for-profit corporations, leaving less autonomy for those staying there. Don Smith, who co-owns a property in Kawartha Lakes, bought into a cottage in the mid-2000s after he saw a newspaper ad about fractional cottage ownership. "I was in the staff room reading the newspaper as a mathematics and computer studies teacher," he recalled. "As a math teacher, that caught my eye: What's this fraction all about, this cottage, this idea?" For the Smiths, fractional ownership wasn't a financial investment but a lifestyle investment that has paid off over the past two decades. "This is where my daughter learned to swim, that's where my daughter learned to kayak, that is when my daughter had learned to appreciate animals." But it may not be for everyone. Smith said fractionally owned cottages are usually 100 per cent debt-free. That means new co-owners typically can't secure a mortgage against the property from traditional banks and will have to rely on personal loans or a line of credit to buy their share. Personal touches to the cottage can also be missing with fractional ownership and people can't just show up at any time, he said. "It's not like you can personally put all your favourite pictures and put all of the junk that you don't want in your home garage and take it up there and leave it," Smith said. Real estate developer John Puffer has years of experience building cottages and selling them in fractional ownership arrangements in Ontario's cottage country regions. When he first got into the business, Puffer assumed the buyers would mostly be people in their 30s with young families. Instead, they happened to be people in their 50s and 60s, buying cottage shares for their adult children and grandchildren, or people who don't want to commit the dollars and worry about maintenance. "That is part of the Canadian cottage experience in Ontario … that's where families congregate at the cottage and (it's) multi-generations," said Puffer, president of Chandler Point Corp. Tanya Walker, litigation lawyer and managing partner at Walker Law, suggests potential buyers should get a good contract lawyer and treat the contract "as if it's a pre-nuptial agreement" before signing on to be a co-owner. She said buyers going into fractional ownership should ask questions about who the other co-owners are, the voting rights people get for their share and what happens when they want to sell their stake. Walker added it's also important to look into who manages the property, the financials of the property as well as how much time you'll get to use the cottage and when. Puffer said people really have to understand what they're buying into. He suggested people read the contract and find out who's in control, what their obligations are, and talk to people who already own. For Evanoff and her husband, it will be their third time heading up to the Frontenac Shores cottage next month. "It's like, wow! That just seems like a gift," she said. "This (fractional ownership) seems like the best-kept secret but I think it's going to catch on ... and you're going to see a lot of people tap into this market." This report by The Canadian Press was first published June 15, 2025. Ritika Dubey, The Canadian Press Sign in to access your portfolio
News.com.au
07-06-2025
- Business
- News.com.au
New owner for rundown Toorak mansion with a wild history
A dilapidated Toorak mansion with a colourful history has fetched more than $5m. Named Cloyne, the circa-1926 Georgian Revival house at 611 Toorak Rd was scheduled to go under the hammer on Saturday. But due to a high level of interest from buyers, a boardroom auction for the property was held on Thursday. Jellis Craig Stonnington director Nathan Waterson declined to comment on the sold price but industry insiders indicated the five-bedroom home changed hands for a figure above the $4.75m-$5.225m asking range. The abode featuring a ballroom and a pool flanked by lion statues was previously owned by Louis Nelken, who was reportedly a butler to King George VI. In 1935, newspapers covered a reception that Mr Nelken and his wife Lesley held for guests to meet the then-political candidate for the seat of Fawkner, Harold Holt. Mr Holt later became the Australian Prime Minister and disappeared while swimming near Portsea in 1967. The Nelken's parties often made the gossip columns including a 1948 Melbourne Cup eve soiree they hosted for 300 people. Two years later, thieves broke into Cloyne and stole £5500 worth of jewellery, drank a bottle of Mr Nelken's beer and smoked his cigarettes. In the 1960s, Melbourne playboy and pilot Don Busch owned Cloyne before it was sold to hotelier William Drever. The mansion, which is protected under a heritage overlay, was designed by influential Australian architect Harold Desbrowe-Annear. Its interior has been subject to partial renovations across past years and requires significant work to restore its former glory. Three bidders contested the auction for Cloyne including one Canberra-based buyer, although the house was bought by a Melbourne family. 'I would say that all parties were there due to the architectural heritage of the home, the Harold Desbrowe-Annear design was a drawcard for a lot of people,' Mr Waterson said. According to PropTrack, Victoria recorded a preliminary 68.4 per cent clearance rate from 250 early auction results this week. About 1058 homes are expected to go under the hammer across the state next week.
Daily Mail
06-06-2025
- Business
- Daily Mail
It's the derelict mansion linked to the Royals and one of Australia's most elite families - now it faces an extraordinary new future
A once-grand but now crumbling mansion in one of Australia's most elite suburbs has a surprising link to the British royal family. The property known as 'Cloyne', located at 611 Toorak Road in the upmarket Melbourne suburb of Toorak, hit the market with a price guide of $4.75million-$5.225million. It was sold on Friday, June 6 for an undisclosed sum - one day ahead of its scheduled auction. The property has a fascinating design and social history, thanks to the royal link of its original owner, Louis Nelken, who was once a royal butler to King George VI, the father of the late Queen Elizabeth II. The property was built for Louis and his wife in 1926. After Louis put his days of royal servitude behind him, he went on to marry into Melbourne 's elite Baillieu family. The original design was commissioned by renowned architect Harold Desbrowe Annear, who designed Cloyne in the style of a Georgian Revival mansion. The influential architect is considered a pioneer of Australian modernism and is best known for his early 1900s Chadwick Houses in Eaglemont. Cloyne is one of the few original commissions the architect undertook in Toorak. The ex royal butler moved on from the property in 1955. Reports at the time revealed that he and Mrs Nelken hosted one final farewell soiree at Cloyne, which was attended by other establishment families like the Horderns, Myers, Manifolds, Chirnsides, and even the Dekyveres from Sydney. The property has subsequently had a colourful history, which included the ownership being taken over in the swinging 1960s by playboy Don Busch, who renovated it before selling it to Toorak businessman William Drever. Don died soon afterwards in 1970 in a Mustang plane crash at Bendigo. Since that era, the home has been in the possession of multiple prominent local and international owners. Set over a 1025sq m block, the once iconic residence sits between a semi-circular driveway and a lion-flanked pool. However, the most recent listing images revealed that the property has since fallen into a state of disrepair due to a number of half-finished renovation attempts. Jellis Craig Stonnington real estate agents Michael Armstrong and Nathan Waterson handled the most recent campaign and sale of Cloyne. Their listing described the original architect designed property as 'resplendent with classically inspired features', offering the rare chance to 'restore this revered Melbourne icon to its former glory'. The listing noted that the decaying property has 'council heritage overlay' protections preventing it from being demolished. Original features that remain intact within the home included its grand spiral staircase, gallery-style landing, elegant entrance hallway and original exterior colonnades. The current property layout features five bedrooms, as well as formal living and dining rooms, a timber panelled study, and an open plan family room, as well as a ballroom, sunroom, sauna, cellar and external studio with ensuite. 'The foundations for future grandeur are already in place,' read part of the property listing. However, the realtors conceded that 'extensive cosmetic works' would be required by the new owner after years of neglect resulting in the property sitting empty following numerous halted renovations. Some of the property's opulent original features including its external colonnades remain intact The Jellis Craig agents told that the property had attracted interest from interstate and overseas parties as well as multiple architectural firms. Ultimately, one lucky buyer was able to secure a slice of Melbourne's social and architectural history. The eventual buyer and sale price was undisclosed at the time of publication. The current median house price in elite Toorak is $4.8M.
News.com.au
03-06-2025
- Business
- News.com.au
Crumbling Toorak mansion linked to royal family hits market
A once-grand mansion linked to the British royal family has hit the market in a state of disrepair, with a $4.75m-$5.225m price guide. Known as Cloyne, the 1926 Georgian Revival residence sits behind a semicircular driveway and lion-flanked pool on a 1025sq m block at 611 Toorak Rd. The home's spiral staircase, gallery-style landing, timber-panelled study and original colonnades remain intact, though extensive cosmetic works are needed after years of vacancy and halted renovation plans. The decaying property has heritage protections preventing demolition. Jellis Craig Stonnington's Michael Armstrong said the home protected by a council heritage overlay held 'enormous potential' for a buyer prepared to restore a piece of Melbourne's architectural and social history. 'Structurally, the home is sound,' Mr Armstrong said. 'Cosmetically, however, it presents a rare opportunity for a full-scale renovation, from the ground up. Many of the preparatory works are already in place. 'This is a start-to-finish transformation, and opportunities of this calibre are increasingly hard to come by in today's market.' Cloyne was one of Desbrowe-Annear's few original commissions in Toorak. The influential architect is best known for his early 1900s Chadwick Houses in Eaglemont and is considered a pioneer of Australian modernism. Mr Armstrong said the Toorak mansion holds significant architectural weight. 'His work is highly sought after, and this property in particular resonates with buyers who have an appreciation for his distinctive style,' he said. The home even has a distinguished lineage. The original owner Louis Nelken, was reportedly one of King George VI's butlers who married into the Melbourne elite Baillieu family. In the 1960s Melbourne playboy Don Busch renovated it in the 1960s before selling to Toorak businessman William Drever. Since then the home has been held by prominent local and international business elite. The Jellis Craig prestige agent said buyers would be securing a slice of Melbourne's social and architectural history and while Toorak's prestige market typically cools during winter, Armstrong said Cloyne had already attracted 'three or four' interested parties from Sydney and offshore, as well as multiple architectural firms. 'There's a clear appetite among buyers who want to honour the past while reimagining the future,' Mr Armstrong said. 'With a north-facing rear and expansive garden, there's massive scope to create something truly extraordinary at the back.' Toorak's median house price is currently $4.8m, according to PropTrack, and high-end sales have continued to perform through the colder months. 'Very few buyers have focused on preserving and enhancing these timeless homes,' Mr Armstrong said. 'This property stands out — it embodies classical elegance and architectural integrity, and it deserves to be restored with care and skill.' The five-bedroom home will go under the hammer at 12pm, June 7.
