Brett Blundy secures $18 million Kutti Beach, Vaucluse sale

Entreprenuer Brett Blundy and wife, Vanessa have secured about $18 million for their Kutti Beach, Vaucluse offering.

The Wharf Road property cost $17.75 million when the family also bought next door on The Crescent for $7.95 million.

The Vaucluse acquisition of over 2,000 square metres was listed in late 2012 with the family off to Singapore.

So it took 22 months to sell, though it was only relisted with its fresh agents James Dack at McGrath and Brad Pillinger at Pillinger Real Estate early last month with revised $18 million plus expectations.

No official sale price has been given.

The five-bedroom, five-bathroom mid-1990s Vaucluse home was constructed for the television entrepreneur Michael Willesee, who sold for $10.3 million in 2000. The residence was designed by Ancher Mortlock and Woolley architect Ken Woolley with championship-sized tennis court and heated swimming pool occuping its elevated 1,597-square-metre block.

Blundy sold the adjoining non-waterfront 549 square metre holding with house in April for $7 million to the Woollahra-based Yim family.