Nelson Meers' $16 million Point Piper purchase
Staff reporterDecember 7, 2020
The former City of Sydney lord mayor Nelson Meers and his wife Carole are set to emerge as Point Piper buyers.
It is set to be be registered at $16 million, a tad higher than Domain's estimate of $15 million plus.
The purchase followed their Bayview home sale six months ago for $4.55 million.
Set on Buckhurst Avenue, the harbour front apartment was an investment for John Roth and his wife Jillian Segal, who bought it new in 2011 for $11.6 million.
The deal was done by LJ Hooker agent Bill Malouf.