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The Rose Bay mansion of property developer Orazio Camuglia and his wife Yolanda sold for more than $80 million earlier this week, smashing the $54.6 million suburb record.
Forbes Global Properties’ Ken Jacobs, who held the listing alongside Hui Xu, confirmed the sale to this masthead but declined to comment on the exact sale price or buyer.
A Rose Bay mansion has sold for more than $80 million, breaking the $54.6 million suburb record.Credit:
The exact sum will be revealed at settlement, but a deal at that level would mark Sydney’s most expensive house sale of the year so far.
The trophy home consists of three separate residences with a total of eight bedrooms, 10 bathrooms and four car spaces, set on 1138 square metres.
Interiors are contemporary with concrete detail, floor-to-ceiling glass, parquetry floors and Carrara marble. There’s also a pool, gym and sauna.
A terrace offers uninterrupted views of the Opera House and Harbour Bridge and there is a boathouse for sailing enthusiasts.
The trophy home consists of three separate residences with a total of eight bedrooms and 10 bathrooms.Credit:
The Rose Bay suburb record was broken in February when the owner of Indulgence magazine, Linge Dai, purchased a harbourfront property for $54.6 million, from recycled shopping bag businessman Frank Qiang Geng and Juanjuan Zhao.
The suburb record was broken in February with a harbourfront property selling for $54.6 million. This house is now back on the market.Credit:
Dai has only enjoyed a few months in the home, listing it last week with a guide of $59 million.
Dai and his family are relocating after their child achieved success in tennis. They have purchased a new residence with a private tennis court to support their training and lifestyle.
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The five-bedroom, six-bathroom, four-level residence is on 806 square metres and offers 180-degree views of Sydney Harbour, Harbour Bridge and the city skyline.
Meanwhile, Australia’s most expensive home, a penthouse apartment overlooking Sydney Harbour, settled to millennial multimillionaire Yan Zhang who paid $141.55 million in cash after agreeing to buy the home in 2019.
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