To Swifts-the spledifourous folly of a mansion in Darling Point.
Nearby Wolesley Road in Point Point may well be the "9th most expensive street in the world" but Swifts is the most valuable private home on the continent.
It was for sale about 10 years ago for $40M with no takers. It's valued at around $85M today, clipping home loan's boss John Symonds recently built Point Piper house that cost a whopping $70M.
It comes with several acres of park lands and a mansion that has it's own ballroom with a Juliet balcony. Swifts is owned by the Moran family who have a nursing home empire. Doug and Greta Moran paid a lazy $12M for the property in 1997 and spent another ten restoring the derelict house.
Swifts was built in 1841 by the Eton educated Sir Robert Tooth who made his fortune from brewing beer in the colonies. He wanted a bigger ballroom than the NSW Governor and he got one. Sir Robert eventually retired to London where King George V created the Tooth baronetcy in honour of the families charitable works. Tooth was also one of the first to give his employees paid holidays, sickness pay and a whole range of benefits.
The wonderful hand-painted on glass adverts for Tooth's beer that adorned hundreds of pubs (above) were mostly destroyed during the 1970's-the few remaining ones are worth a fortune.
Edmund Resch,an Austrian born brewer purchased the property from Sir Robert but never quite enjoyed the social cache of the Tooths. Edmund was considered rough and common. It eventually became the home of the Catholic Archbishop before falling into ruin and being rescued by the Morans.
![]() |
singer Wes Carr & Charlotte Gregg |
![]() |
a sun shower |
As she sat at the head table on the boat the time came for Mrs Sinatra to give her speech. The MC, a rather dotty lady got up to announce her and after shushing the audience said :
"I would now like to introduce Mrs Barbara Sinatra. Barbara and Frank Sinatra have been heavily involved in child abuse all their lives "!!