Fonte family spend $8.3 million to outbid billionaire Kerr Neilson in McMahons Point

Fonte family spend $8.3 million to outbid billionaire Kerr Neilson in McMahons Point
Fonte family spend $8.3 million to outbid billionaire Kerr Neilson in McMahons Point

The mystery buyers of the bullish $8.3 million McMahons Point boathouse sale were commercial cleaning tycoons Aurora and Franco Fonte.

They are no doubt set to undertake the rebuild of the two-bedroom house and boatshed although not yet as it has been listed for $1250 a week rent.

Fonte family spend .3 million to outbid billionaire Kerr Neilson in McMahons Point

The underbidder at the auction was billionaire Kerr Neilson at $8.25 million.

It was the longtime home of the legendary boat builderĀ Bill Barnett and his wife Gloria.

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Boathouse Mcmahons Point

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