Menulog's Leon Kamenev secures $80 million Vaucluse harbourfront compound

Menulog's Leon Kamenev secures $80 million Vaucluse harbourfront compound
Menulog's Leon Kamenev secures $80 million Vaucluse harbourfront compound

The Ukraine born entreprenuer Leon Kamenev has been pinpointed as the $80 million Vaucluse harbourfront mystery buyer.

He is expected to build his own private compound after securing four adjoining properties on Coolong Road.

Menulog's Leon Kamenev secures  million Vaucluse harbourfront compound

He made his fortune co-founding the online takeaway delivery service Menulog which was sold last year for $855 million. His share was 55 percent.

He has been in Sydney since 1990 having graduated with an economics degree from the Moscow Academy of Management.

His current focus is the interactive maths teaching platform and app Matific.

The whispers of his site amalgamated emerged on the weekend, dubbed Sydney's most audaciously expensive residential property play since settlement.

The sellers were the Shein, Cohen and Singer families.

It involved two harbourfront homes and two non-harbourfront homes, totalling 4,250 sqm.

Occupying land between Nielsen Park beach and Vaucluse Bay beach, the location enjoys a northerly aspect with views over the boat-filled bay across the Harbour towards Manly. 

Kamenev currently owns in Vaucluse paying $4.4 million in 2003.

The deal tops the $70 million purchase by the billionaire Chinese property developer Dr Chau Chak Wing of the 3,300 sqm Vaucluse property of the casino tycoon James Packer and his former wife Erica.

Coolong Road's record was set at $45 million in 2008 with Ivan Ritossa, the then global head of foreign exchange at Barclays Capital, buying a heritage house on 4100 sqm.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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