Mosman's $20 million plus Pick a Box harbour estate listed by upgrading Chinese vendor
A 5,050 square metre Mosman residential holding – the Sydney suburb's largest harbourfront estate – has been offered for sale.
It has been listed by its $20 million, early 2012 buyer, Ying Li.
Title Tattle gleans the seller already has a higher offer on the table.
They are intent on briefly testing the market through the House 18 World Square marketing campaign.
The lowdown on the reason for the top end trophy home listing was the family doesn't want to embark on its likely three year replacement home construction project.
It was bought in 2012 from the retired car dealer Laurie Sutton and his wife, Di.
The residence had been the Sutton’s home for almost 35 years.
Despite renovations over the past three decades, there were still traces of the Dyers' day, including the imposing sandstone fireplace in its living room.
The Bay Street offering has been listed by Michael Zhu at House 18 World Square agency.
The 2012 purchase highlighted a small, but emerging, trend of buyers of Chinese origin buying luxury homes around Mosman.
It is not known if the acquisition was by a foreign buyer requiring FIRB approval or new migrants, expats or long-time citizens, through Ying Li gave his address for official purchasing purposes as a solicitor's office at Colin Biggers & Paisley.
The Bay Street tropical holding is like Hawaii meets Hamilton Island on Middle Harbour on Quakers Hat Bay.
Bob Dyer, who was a hillbilly Tennessee vaudeville singer on his arrival in Australia in 1937, had paid £15,068 for the property in 1950, after upgrading from a house on the Balmoral side of Mosman as he earnt increased wages from his radio gig.
Dyer went on to host the television show BP Pick a Box between 1957 and his retirement in 1971.
Dyer, with his raucous "Howdy, customers" greeting, presided over contestants who faced a sudden-death decision of choosing between "the money or the box" with the secret prize.
He died in 1984. His widow – who, as Dolly Mack, had been a Sydney Tivoli showgirl in her teens – lived for another 20 years.
The listing in 2009 had expectations of beating Mosman's $22.5 million house price record.
