John Kinghorn sells in Mosman after 36 years

John Kinghorn sells in Mosman after 36 years
John Kinghorn sells in Mosman after 36 years

Millionaire philanthropist John Kinghorn has sold in Mosman, six month after listing his harbourfront mansion with $16 million hopes.

The founder of RAMS Home Loan and wife Jill Kinghorn have owned their waterfront home in Mosman since 1982. 

It sold for around $12.5 million after downsizing into a $10 apartment in the nearby Watermarque building in the suburb’s first double-digit apartment sale.

The five-bedroom Carrington Avenue home was bought in 1982 for $1.3 million having been built in 1978 with four levels.

There were renovations in 2013 with a $450,000 estimated value.

It comes with swimming pool, boat house, jetty and a pontoon.

It was briefly listed in 2011 with $9 million hopes through local agent Geoff Smith when they planned to spend more time at their Bilgola beachfront house which was sold in 2013 for $5.35 million.

The home sold to buyers from the Sutherland Shire.

Tags: 
Mosman

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