Chinese buyers set Longueville records on and off the riverfront
Jonathan ChancellorDecember 7, 2020
Longueville has a new record price after the riverfront home of Matilda Cruises founder Tim Lloyd sold pre-auction for around $7.6 million.
The 1,182 square metre property had initial $6.5 million-plus price guidance. It boasts a private beach, boatshed and slipway on the Lane Cove River.
The previous suburb high was $7.4 million for a Poole Street 3,604 square metre riverfront reserve holding in 2005.
Longueville's non-waterfront record also hit a new high recently when another Chinese buyer bought on Arabella Street for around $7.25 million.
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.
