Dispute over Grundy’s $38m luxury estate
The $38 million luxury Tucker’s Town estate of media tycoon Reg Grundy is at the centre of a court battle in Australia.
Mr Grundy’s daughter from his first marriage, Viola La Valette, has launched an inheritance claim in the New South Wales Supreme Court in Sydney.
Details of the case are private under suppression orders.
The case was adjourned earlier this week and a hearing date is to be set.
Mr Grundy died last year aged 92 after making his home in Bermuda for nearly 35 years with second wife Joy Chambers-Grundy.
The couple’s Idolwood Lagoon, one of the most expensive homes ever listed in Bermuda at $38.2 million in 2012, sits in 4.5 acres with a waterfront and has a 10,000 square foot main house, three cottages, its own beach, dock, tennis court and four garages.
The main house was completely rebuilt in 1997 with five bedrooms with en suite bathrooms and a study with half bathroom.
Two guest bedrooms have their own living rooms, dining area and kitchens.
The house also has a two-storey library and a huge dining room.
Mr Grundy was a keen photographer, producing a book on wildlife in 2010 and his images of Bermuda longtails appeared in art galleries and were also displayed at LF Wade International Airport.
Longtails, which Mr Grundy called his “glorious” favourite, also took pride of place in his 2015 nature book Mother and Child.
Mr Grundy made his fortune through Grundy Worldwide, an international TV production and distribution company which was the largest independent production company in the world in the 1980s and 1990s.
His programmes, including game show Sale of the Century and soap opera Neighbours, which catapulted singer Kylie Minogue to international stardom, were broadcast in nearly 80 countries.
Mrs Chambers-Grundy told The Royal Gazette after Mr Grundy’s death: “Reg was unpretentious, an honourable man whose handshake was his bond and he treated all people equally. Beautiful Bermuda was his fortress.”
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