House of Hancock in Mosman sells
The redundant Mosman investment property of Australia’s richest woman Gina Rinehart has been sold.
It had been scheduled for 26 March auction.
The local News Ltd paper noted the contemporary, non-waterfront property at 18a Bradleys Head Rd had a price guide of more than $5 million.
Designed by Corben Architects to embrace its landscaped gardens, the house comes with a centrepiece wet-edge pool and cabana.
There was single lowball bid of $4.3 million when it went to December 2013 auction.
It had cost $5.4 million in 2007.
The contemporary Bradleys Head Road house was again been listed through the Ray White Lower North Shore with agents Megan Thomas and Dino Gatti.
Hope Welker and her husband, Ryan, vacated the Mosman property as they departed for New York in 2011, around the time the family dispute over control of the family's mining interests became public through litigation.
Gina Rinehart had the property advertised on Fairfax, who reported the pre-auction sale.
In the late 1990s, another miner, the founder of rare earth miner Lynas Corporation, Nick Curtis, and his wife Angela briefly owned the property.