St Ives sale secures record $11.2 million

St Ives sale secures record $11.2 million
Staff reporterDecember 7, 2020

On Sydney's upper north shore a St Ives offering has been sold off market by a billionaire who hails from the petrochemical industry in China.

The 5729 sqm Douglas Street property sold a year ago at $9.9 million with an older style single-level double-brick home, guest house, a pool and a tennis court.

But Paul Diks and Daniel Jin at Richardson & Wrench had it re-listed.

They secured $11.2 million.

It seems it might now become a site for five houses.

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