Robbie, Gai Waterhouse asking $5.4 million for Mosman family home

Racing couple Gai and Robbie Waterhouse have now a $5.4 million asking price on their longtime Mosman family home after pulling the home from auction just a few weeks ago.

The four bedroom property, which has been in the Waterhouse family for 32 years, was listed with an initial price guide of $6 million through 2088 Realty listing agent Sally-Anne Lawlor.

Most of the buyer interest has come from developers who are not known to be as emotional in their outlays as home buyers.

The racing couple are still set to make a tidy gain from the Clifton Gardens home having paid $457,500 in 1983.

They now prefer Balmoral and their Mittagong trophy estate, Dunsinea.

The Burrawong Avenue property (above) was designed with wall to wall windows highlighting the harbour views over Shark Island and beyond.

The master bedroom suite comes with an impressive hat display cabinet filled with Gai's hats and fascinators from past race days.

Elsewhere in Mosman the home of horse breeder Carl Holt is under offer. The former London financial markets trader and his wife Lorraine had $9 million plus hopes through Brendan Warner, of Raine & Horne. The Phil Corben designed home was last traded by former Qantas chief Geoff Dixon and his wife Dawn in 2010 at $8 million.

The most recent Gai Waterhouse-Carl Holt linked was Northern Fire, a Snitzel colt from the Scenic mare Pure Fire, bred by Holt. However the two year old bay colt last raced at Rosehill Gardens in January finishing unplaced, behind the winner Scarlet Rain.