Point Piper's reputed $19 million harbourfront sale

Point Piper's reputed $19 million harbourfront sale
Point Piper's reputed $19 million harbourfront sale

A reputed $19 million sale has been secured on harbourfront Point Piper. 

The Wunulla Road trophy home sale (above) was through Ray White agents Michael Finger and Elliott Placks.

It last traded at $4.4 million in 1998. The 2011 designed contemporary home sits on a 430 sqm block. The sale price is unconfirmed.

Meanwhile the intended Point Piper home of ANZ trader Etienne Alexiou which was purchased in early last year for $7.2 million has been relisted for sale.

It was bought in March and settled in November 2014.

The house on 1037 sqm was bought from the Melbourne property developer Adrian Valmorbida by Alexiou who was named earlier this year named as one of seven senior traders suspended by the bank following an investigation into possible manipulation of the bank bill swap rate.

An ANZ spokesperson had previously advised that while the bank could not comment on individual staff members, it was pointed out to Fairfax Media that the suspended trader was still an employee, was receiving the full salary and may be cleared of wrongdoing as ASIC's investigation was ongoing and may not be complete for some time. 

The Federation Wunulla Road home now comes with Alex Popov redesign plans. 

The previous owner, the shoe designer Donna-May Bolinger also sold it without undertaking her envisaged update.

She secured $6.37 million in 2007 having paid $5.85 million in 2005.

Geza and Eva Szekely owned it for four decades having bought it in 1965 for £22,500.

The Wunulla Road house (below) is on a double-access block opposite the yacht club marina. 

Point Piper's reputed  million harbourfront sale

Alexiou, who currently resides in Woollahra, has a November 23 scheduled auction through D’Leanne Lewis, of Laing+Simmons Double Bay.

 

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.

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Residential Market

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