Point Piper price was $6.45 million

Point Piper price was $6.45 million
Jonathan ChancellorFebruary 6, 2021

A three level five-bedroom mansion in Point Piper has been confirmed as sold at $6.45 million.

The sale at 2 Wunulla Road had been previously reported by Fairfax Media as "sold for about $8 million." 

The property was marketed as exuding European elegance.

Records show Cobra Equity Investments, a company linked to the diversified group, Cobra Group founded by the Canadian-born, London based Chris Niarchos sold the home at a closed auction. The main shareholder in the company is Michael Hogg, a director in Cobra's subsidiary, the marketing company Appco based in Surry Hills. 

The property last sold in 2006 for $5.1 million. 

The Agency's Michelle Andrewartha and Daniel Baran had the listing.

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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