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Homewares king smashes Dover Heights record with $14.25m sale


The spectacular resort-style home of a homewares king has smashed the suburb record with a sale of $14.25m after just two weeks on the market. It cost $6.2m eight years ago.

The spectacular resort-style home of a homewares king has smashed the suburb record with a sale of $14.25m after just two weeks on the market.

The six-bedroom, six-bathroom residence at 39 Portland St, Dover Heights is set in lush tropical gardens with a stunning pool and has panoramic views over the city and harbour icons.

Set for a February 26 auction, the three-level home, which records show is owned by Shack Homewares boss Lance Shofer and his wife, Julie, now shows as “sold” on its realestate.com.au listing.

Shack has stores in Moore Park SupaCentre, Alexandria and Artarmon.

When contacted early Monday, the sales agents Richardson & Wrench’s Andre Frack and Ray White Double Bay’s Daniel Ungar wouldn’t discuss the sale.

However, multiple sources have revealed the price has sailed well above the $13m price guide, with the final result $14.25m. The Shofers are headed to a waterfront apartment.

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It’s understood the secret deal was done last Thursday night.

The records indicate the beautiful home was built in 2006, eight years before the Shofers bought it for $6.2m in 2014.

Fast forward another eight years and they’ve well and truly doubled their money and the sale beats the previous suburb record of $13m, set for 13 Portland St mid last year, by more than $1m.

On a 700sqm block, it’s not difficult to see why the property was so popular in the post-Covid world.

It looks to be an entertainer’s paradise, with multiple indoor and outdoor places to spend with family and friends.

The living and dining area leads to a terrace with Vergola, electric blinds, built-in custom industrial barbecue and oversized fan.

There are six limestone bathrooms with underfloor heating and a huge master bedroom with a spa on the terrace with incredible harbour views.

A lower ground-floor luxury suite features an ensuite bathroom opens to an outdoor fireplace and TV entertainment area.

Another lower level retreat and media room has its own kitchenette and bathroom, plus there’s a large study and media room.

Other features include an enormous storage room on the lower level, which would be suitable for a wine cellar.

Originally published as Homewares king smashes Dover Heights record with $14.25m sale



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