Bronte's other $10 million weekend sale

Bronte's other $10 million weekend sale
Jonathan ChancellorJune 29, 2014

There were two sales at $10 million or so in Bronte over the weekend.

The first was media scion Lachlan Murduch's trophy home sale on Friday afternoon.

Then on Saturday afternoon 1,421 square metre Bronte site with two 1960s freestanding cottages sold for $10 million post-auction.

The block has sweeping 180 degree headland to headland views across Bronte Beach.

There was a $10 million vendor bid, but sold after to a Bronte family who will build a home on the St Thomas Street location. 

It was marketed by the Richard Wills estate agency as an "ideal private family compound".

{qtube vid:=djtR7lICXOo}

Richard Wills told Property Observer the land was purchased in the 1950's and his late father, who was a builder and his brother, built the houses in 1960.

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.

Editor's Picks

Exclusive: ICD Property secures riverfront West End site for Brisbane's latest multi-tower precinct
Why families are flocking to townhouses in Bradmill Yarraville
Time & Place greenlit for new $500m apartment development overlooking Melbourne’s Botanic Gardens
Mosaic set sights on Palm Beach, Burleigh Heads, Broadbeach, for new $570m apartment pipeline
Woolworths unveils long-awaited Waterloo precinct with shop-top housing