Whitsundays' Mandalay asking price reduced to $19 million
Jonathan ChancellorDecember 7, 2020
Mandalay House, a 4200-square-metre Mediterranean-style trophy home mansion located 11 kilometres from Airlie Beach, has had its asking price reduced to $19 million.
The six-bedroom, nine bathroom house, is located at 383 Mandalay Road, Whitsundays. It is listed through Carol Carter at Sothebys International, inconjunction with Ray White Whitsundays.
The property developer Neil Murray has dropped his initial asking price of $25 million to a more “realistic” $19 million, telling News Ltd papers the past year had been about testing the water.
“We’ve had a lot of inquiries from overseas, but also a lot locally,” he said.
“If this house was in Sydney it would be worth $35-$40 million.”
Title Tattle suggests even more, not that it is relevant.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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