John Piven-Large secures Point Piper's latest $30 million trophy home sale

The Point Piper Edwardian-era mansion of former liquor baron John Piven-Large has finally sold, the sixth Point Piper to sell since June at $30 million or more.

The price remains undisclosed but considered to be $30 million after Chinese buyer interest.

The four-bedroom residence with with a one-bedroom self-contained apartment sits on a tidal beach.

It had initial hopes of $40 million when Property Observer reported its November 2012 off-market offering. There has since been a string of estate agents who failed to secure the ambitious price guidance revisions.

The restored mansion last traded as a duplex in 1991, when Piven-Large paid $2.2 million for one  and $1.3 million for the other.

It was listed following Piven-Large's $15 million purchase of the Pomeroy, Potts Point penthouse of billionaire property developer Bob Ell.

Piven-Large sold his stake in Cellarmasters to Foster's Brewing Group in 1997 in a deal worth around $160 million.