2019 kicks off with post-auction Rose Bay trophy home sale
Title TattleDecember 7, 2020
The Rose Bay harbourfront trophy home of property developer Stephen Burcher - passed in at weekend auction on a bid of $23.25 million - has been sold.
There is no price reveal.
It ranked as the highest bid ever made at a home auction, but it fell short of the $25 million being sought by its listing agent Ben Collier, of The Agency.
Sydney’s previous auction record of $23 million was set by the sale under the hammer of the Le Manoir estate in Bellevue Hill in 2009.
The Rose Bay auction reportedly had just the one bidder, a local Chinese family.
Bidding started with a vendor bid of $23 million.
Collier continued to negotiate with the family then upping their offer.
There were four or so other interested buyers for the three-level residence redesigned by architect Bruce Stafford, amid landscaped gardens by Anthony Wyer.
The five-bedroom, five-bathroom battle-axe residence is set on a waterfront block with a boat shed and pool.