2019 kicks off with post-auction Rose Bay trophy home sale
The Rose Bay harbourfront trophy home of property developer Stephen Burcher - passed in at weekend auction on a bid of $23.25 million - has been sold.
There is no price reveal.
It ranked as the highest bid ever made at a home auction, but it fell short of the $25 million being sought by its listing agent Ben Collier, of The Agency.
Sydney’s previous auction record of $23 million was set by the sale under the hammer of the Le Manoir estate in Bellevue Hill in 2009.
Bidding started with a vendor bid of $23 million.
Collier continued to negotiate with the family then upping their offer.
The five-bedroom, five-bathroom battle-axe residence is set on a waterfront block with a boat shed and pool.