Muso Harry Vanda lists $20 million Rose Bay harbourfront
The legendary Easybeats band member, Harry Vanda is selling his Rose Bay harbourfront home after three decades and its already, not-unexpectedly, attracting Chinese buying interest.
It comes with hopes of $20 million plus.
He bought the 830 square metre Bayview Hill Road property in early 1983 for $667,500 with his wife, Robyn and then built the five-bedroom, four-bathroom brick house.
It was bought from Dr Peter Duke and his wife, Meryl.
The three level, dress circle property has been listed through Paul Rich of Rich's Double Bay.
"It's wonderful opportunity to secure an exceptional waterfront home situated in a magnificent internationally recognised position," he said of its postcard perfect view towards the Sydney Harbour Bridge and Opera House.
It had been listed last October through McGrath Estate Agents who didn't find a buyer.
Mystery still surrounds the nearby sale earlier this year by the veteran technology investor Neill Miller for a rumoured $30 million on extended settlement terms.
There was no public marketing of the contemporary Rose Bay abode built on the harbourfront reserve location at the base of the steep cul-de-sac sandwiched between the Kambala and Kincoppal-Rose Bay schools.
The land was bought for $7.75 million in 2002 along with a $3 million acquistion in 2005 of a portion hived off from Sacred Heart convent land holdings.
Their dress circle property is close to the $15 million sale recorded last year when the Anne Lewis harbourfront house through Ken Jacobs of Christie's International inconjunction with Andrew Livingston of McGrath.
Harry Vanda and business partner George Young are credited as among the most important members in the Australian music industry - initially as the songwriters of the Australian band of the 1960s, the Easybeats and then in the 1970s behind the success of the likes of John Paul Young, Stevie Wright, the Angels and AC/DC.
The Easybeats song, Friday on My Mind was voted the best Australian song of all time at the 2001 Australasian Performing Rights Association awards.