A 3-level household residence designed by celebrated architect Susan Rothwell has offered for about $19.5m, the best worth in Mosman this 12 months.
The five-bedroom residence at 15 Burran Ave is the household residence of Karen and Richard Leon, former CFO of automotive software program firm Infomedia and interim CFO of tech agency Altium.
Located on the unique “Balmoral Slopes” aspect of Mosman, the residence is on a 936sq m block.
The offered sticker went up on Thursday night time however the gross sales agent, Stefon Bertram of Pello, who shared the itemizing together with his colleague, David Smealie, was tightlipped when contacted concerning the end result.
But different sources stated it was purchased by an higher north shore household who paid about $19.5m.
It’s understood there have been 5 events eager on the home, which had been available on the market for 23 days.
The expressions of curiosity marketing campaign wasn’t attributable to shut till July 27.
In 2016 the Leons had paid $11.8m after they purchased it by Bertram from Queensland Mining’s essential shareholder Jun Qiu and Ken Deng.
Firstly of the marketing campaign, Bertram had stated, based mostly on comparable gross sales of about $19m, he anticipated a end result within the “excessive teenagers”.
He’s excelled himself with the end result, which exceeds the $19.25m paid by high-tech drainage firm Rainsmart Options proprietor, Minon Desai, and his spouse, Reshmaben, who didn’t want a mortgage after they purchased the Shellbank Ave residence of mining magnate Craig Williams in April.
That initially had a worth information of $25m and was available on the market for greater than six months.
It additionally betters the rumoured $19.1m paid by a Clontarf couple for 3 Pursell Ave, owned by Dilcara building firm director Antoine Gittany and his spouse Barbara Zitianellis, on June 22.
That was a Magnificence Level report. An Instagram submit on the time by the Ray White Decrease North Shore gross sales brokers Sabrina Gao and Gemma Simons stated it had been the second-highest sale in Mosman for 2023.
The asking worth information had been $20m-$22m.
There was additionally a $19m sale in March. Software program and IT recruitment businessman Sukender Jain purchased the Queen Federation mansion Urunga at 2 Buena Vista Ave. The house of vintage collector Edmund Braude had been on its second marketing campaign, having initially been listed in March, 2022 with a $25m information.