Event promoter Andrew McManus finally sells mansion as Chinese buyers fancy Toorak
The Toorak mansion of the event promoter Andrew McManus has been sold.
It didn't sell at its 2011 and 2012 marketing campaigns, but the Myoora Road house sold last month. It has been bought by Wei Chen.
Its previous sale was in 2008 mid-construction for $8.75 million.
Buyer interest around $11 million was being sought on its most recent May 2013 offering. It was initally listed in 2011 with $13 million hopes.
The house, with a seven-car garage, had been initially commissioned for construction in 2007 by David Fox, the youngest son of trucking magnate Lindsay Fox, who sold before the property was completed.
There’s also a study, gym, home theatre, billiards room and cabana and pool on its 1,389-square-metre block. The RP Data median house price in Toorak is $2.65 million.
McManus has brought some of the biggest musical acts to Australia including the Who and the late Whitney Houston.
It was most recently listed through Paul Pfeiffer and Jeremy Fox at RT Edgar Toorak and before that Justin Long of Marshall White and Bennison Mackinnon's Nathan Waterson had a go at selling it as did Kay & Burton agent Andrew Baines.
