Mortgage broker Lizzie Buttrose sells Vaucluse ranch style home post auction

Mortgage broker Lizzie Buttrose sells Vaucluse ranch style home post auction
Mortgage broker Lizzie Buttrose sells Vaucluse ranch style home post auction

The mortgage broking director Lizzie Buttrose sold her ranch-style Vaucluse abode shortly after its scheduled weekend auction.

It had been passed in units only bid at $3.8 million, but sold for $4.03 million by late Saturday afternoon.

Its listing followed still unconfirmed reports that she and fiance Zoran Stopar are set to head to far-north Queensland after their much-mooted nuptials.

Buttrose opted for an auction on the second-last Saturday before Christmas through Dean Emerson, an agent at Purplebricks, the cut price commission estate agency.

The four-bedroom Hopetoun Mews house on an 873sq m battle-axe Burrabirra Ave block has been marketed as “the perfect opportunity for reinvention”.

It added that the property was "a blank canvas for those looking to secure their spot in a blue ribbon location."

There were $4 million expectations, with Sunday Telegraph columnist Annette Sharp noting Buttrose had knocked back a higher pre-auction million offer.

Buttrose took possession of the property in 2010 through a holding company.

It traded in 2003 for $2.25 million when bought by her late father, financial adviser Will Buttrose, from whom she derived her interest in property and financing.

This article was first published in The Sunday Telegraph.

 

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Vaucluse

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