Finance veteran Paul Rizzo sells redundant Darling Point home

Veteran finance industry director Paul Rizzo and wife Frances brought forward their Darling Point auction date, and secured $2.9 million.

The couple have been based in Melbourne for the past two decades, so they’ve ­finally decided to sell their old Darling Point residence they bought for $585,000 in 1992.

It was purchased soon after Rizzo ended his 24 years at the ANZ Bank.

The classic Mona Rd home has four bedrooms, two with private balconies, and two bathrooms across its three levels.

The property was last available for rent at $1100 a week in 2016.

Ray White Double Bay agents Warren Ginsberg and Adam Reichman are taking the home to October 10 auction with a guide of $2.4 million.

This article was first published in the Sunday Telegraph.