Two young business partners who made waves with their $82.5 million Rose Bay mansion purchase late last year are preparing to sell their Dover Heights investment property.
John Angelis, 30, and Yianni Gourlas, 31, have listed their five-bedroom contemporary home at 16 Napier Street for auction on 10 March, with a price guide of $11 million to $12 million.
The former Scots College schoolmates, who are co-founders and joint chief executives of Clearlake Insurance Brokers, acquired the property in 2021 for $10.85 million, according to property records.
The three-storey residence, designed by architect Michael Folk, sits on a 662-square-metre block and showcases sweeping harbour views that take in the Sydney Harbour Bridge and Opera House.
Raine & Horne Double Bay agent Alex Lyons, who is handling the sale, said the property offered a rare combination of features for the area.
“It’s quite unique to have your home with three full levels with lift access to all,” Mr Lyons said in comments to Domain. “It’s just the perfect balance – an entertainer’s home with all the functionality that makes it perfect for a family.”
The modern home features open-plan living spaces that flow onto an entertainer’s terrace with barbecue facilities. The first floor includes a guest suite and office space, while the upper level houses three additional bedrooms with ensuites. The main bedroom includes a dressing room and opens onto a full-width balcony shared with a second-floor retreat.
A rooftop terrace offers 270-degree views across the eastern suburbs, city skyline and harbour.
Additional features include a ground-floor media or games room, landscaped grounds with a heated pool, poolside cabana equipped with a pizza oven and television, and secure parking for seven vehicles. The property also includes a wine cellar and lift access to all three levels.
The sale follows the duo’s high-profile acquisition of 14 Tivoli Avenue in Rose Bay, a waterfront mansion purchased for $82.5 million. That property sits adjacent to Villa Tivoli, the harbourside home once owned by late entertainer Barry Humphries and now owned by Mr Angelis’s father, Jim Angelis, a former owner of Coverforce and current managing director at Elyon Capital.
The Napier Street property is located within walking distance of coastal walks, Bondi Beach, local cafés and boutique shops.
Published 16-February-2026
