Altona's tennis court block remains listed for sale

Altona's tennis court block remains listed for sale
Altona's tennis court block remains listed for sale

The Chinese property developer Wang Zhijun has yet to sell his redundant block at his $52 million Point Piper purchase, Altona.

The estate’s adjoining near vacant waterfront garden block has been for sale for most of this year.

The 1012 square metres was added to Australia’s most famous trophy home by publisher Matt Handbury and his then wife, former model Fiona in the mid 1990s. 

A tennis court was envisaged.

The Australian reported in March that the decision to carve up the estate was viewed by some as “sacrilege’’.

Chinese property developer Wang Zhijun's offering could fetch him reportedly anywhere between $19 million and $27 million.

Rosaline Ho of Goldfield & Co has been appointed to sell the site, with Alison Coopes.

With views of Felix Bay, the property was known as Murlo. It was purchased by the Hanburys for $6.25 million and knocked down to create more garden space extending from the street to the waterfront.

The Handburys sold their larger holding after an extensive renovation to publisher Deke Miskin and his wife, another former model Eve in 2002 for $28 million.

Wang is now reportedly a permanent Australian resident.

Tags: 
Residential Market Habourfront

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