Leura, Bellevue Hill trophy home sold for $30.8 million
Staff reporterDecember 7, 2020
Chinese businessman and keen yachtie Wilson Lee and his wife Baoyu Wu have emerged as the buyers of the Bellevue Hill trophy Leura home.
Located on Victoria Road, it sold for $30.8 million a year ago on delayed settlement terms through Ray White Double Bay’s Michael Finger.
The property was built for the Knox family in the 1890s.
It was last traded in 1986 to Ken and Christine Allen for $7.3 million after its restoration by property developer Bill Shipton.
Lee is chief of Noah Group, a Chinese wealth manager, however locally he is well known for his super yacth Ark 323.
It came from Shanghai’s Noah Sailing Club last year as the first all-Chinese crew to compete in the Sydney to Hobart Yacht Race.