Clontarf's trophy home, Portovenere sold

Clontarf's trophy home, Portovenere sold
Clontarf's trophy home, Portovenere sold

The waterfront Clontarf trophy home, Portovenere has set a suburb record at more than $10 million.

It was redundant to the Belgiorno-Nettis family needs.

The early 1960s modernist residence was built by the late Transfield co-founder Franco Belgiorno-Nettis and his wife Amina.

With three sons, Marco, Luca and Guido, the couple bought their first lot in 1958 of the eventual 3668-square-metre holding for £2325.

It was just after Belgiorno-Nettis snr and Carlo Salteri founded the construction and engineering company, Transfield. 

The family's other recently sold real estate, included $3,665,000 for their Kirribilli apartment, $2.85 million for their Parriwi Road, Mosman apartment and $3.7 million for the house next door to Portovenere.

They were listed following family matriarch Amina Belgiorno-Nettis’ death last September.

Portovenere bettered the suburb's previous high of $8.7 million set in 2009 when Bradley Hunt bought the non-waterfront home of Citigroup executive Paul Sanger.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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