Cable guy John Porter seeks less for Vaucluse trophy home

Cable guy John Porter seeks less for Vaucluse trophy home
Cable guy John Porter seeks less for Vaucluse trophy home

The Belgium based Telenet chief John Porter and his wife Susan Mougey have relisted their designer Vaucluse trophy home.

After the family's move to Europe early last year, it was listed at $11 million plus, but failed to sell.

McGrath's Ben Collier and Black Diamondz's Monika Tu are saying around $10 million, indicating that ambitious desires are typically not being met in the prestige market, despite the headlines.

Designed by US architect Tom Rivard, the four-storey residence was rebuilt in 2009.

The Hillside Avenue, Vaucluse home comes with mezzanine-style bedroom wings, home theatre, self-contained guest quarters, poolside cabana, within Will Dangar-designed gardens.

It last traded in 2006 for $7.17 million.

Porter has been at Telenet Group having more than 20 years of management experience in the US and Australian subscription television industries before that. 

Jonathan Chancellor

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.

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?