The nephew of Rupert Murdoch has a historical past with a few of our greatest houses, past the Point Piper residence he bought 20 years in the past for a then file of $28 million.
He rented the historic Caerleon mansion in Bellevue Hill and Bronte’s Bronte House, and was final named on native titles in 2017 when he bought his Southern Highlands retreat Wattle Ridge for $8.25 million (solely to see Mike Cannon-Brookes snap it up 4 years later for $12 million).
Handbury and Strang’s newly bought two-storey unfold was billed within the promoting by 1st City’s Julian Hasemer as having interiors by the late designer Garth Barnett. It’s the highest half of a duplex developed in 2003 by finance dealer Adam Tilley earlier than his ill-fated funding on the Point Piper waterfront with convicted assassin Ron Medich.
Steve Bellotti makes market comeback
Former ANZ head of world markets Steve Bellotti is about to return his Mosman trophy residence to the market after saying plans to return to the US later this yr.
This is the landmark designer digs that’s cantilevered over Taylors Bay and was rebuilt to a design by architect Shaun Lockyer in 2016. It was listed two years in the past for greater than $35 million, simply because the pandemic was rattling financial markets.
It would have bought, too, if not for Bellotti. As Atlas’s Michael Coombs says, it was pulled from negotiations given Bellotti’s shock return to Australia.
Crypto investor Bellotti, who chairs Token Capital Management, has relisted it with Coombs, who is anticipated to launch it to property websites within the coming week for about $36 million.
Wang’s $130 million spree
Somewhat-known property investor from China, “Tony” Tong Wang, has emerged because the record-setting $22.2 million purchaser of Neerim House in Castle Cove from Chinese celebrity Tong Liya and movie director Chen Sicheng.
The home sale by McGrath’s Craig Ireson marks an official finish on title information of the union of two of China’s most high-profile celebrities, even when the couple are believed to have by no means stayed within the property since buying it in 2018 for $15.05 million.
Tong and Chen have been making headlines in China since Tong introduced their divorce in May final yr to her 40 million Weibo followers. Within hours of the publish, their divorce was the topic of Beijing censors, and extra just lately Tong has been linked romantically with high-ranking Beijing official Shen Haixiong.
While Wang stays a thriller to the handful of brokers who’ve handled him lately, company information present he’s the director and sole proprietor of 18 firms established previously 18 months.
A handful of these firms have made vital property purchases over the previous yr totalling greater than $130 million, together with homes in Mosman and Castlecrag, industrial warehouses, Neerim House and the $70 million buy of the landmark Haymarket constructing that was as soon as lengthy residence to the Mandarin Club.