Sidwell family buys in Point Piper on Wyuna Road, Point Piper

Sidwell family buys in Point Piper on Wyuna Road, Point Piper
Sidwell family buys in Point Piper on Wyuna Road, Point Piper

Wayne Sidwell, executive chairman of Wellcom Group, is behind Point Piper's latest secret sale.

The Fiani family sold their hillside home after having sought around $12 million.

The price paid by the Grange Investments, a company directed by Sidwell, has yet to emerge.

The East Melbourne-based Sidwell founded the printing company in Melbourne in 2000 and remains the largest shareholder. He is set to step down to non-executive chairman.

His son Andrew has returned to Australia having recently been managing director of Wellcom London.

The Michael Suttor-designed residence last traded in 1995 for $2.15 million when sold by Chris Little, who had commissioned the build.

It was sold by Elie and Sonia Fiani.

 
Tags: 
Point Piper

Comments

Be the first one to comment on this article
What would you like to say about this project?