Portsea's Mandurah sold at $9.75 million

Portsea's Mandurah sold at $9.75 million
Jonathan ChancellorMay 19, 2015

Mandurah, the double-storey house designed by Wayne Gillespie on the Portsea cliff top, has settled with David and Jennifer Swann its $9.75 million buyers.

It had returned to the market last summer with a $12 million asking price. It was the highest recorded price of the 2015 summer season.

The five bedroom, five bathroom trophy home was listed by the former Hinkler Books publishing boss Robert Ungar who reportedly had unfulfilled $10 million plus hopes the prior summer.

It was offered through Sotheby's International Realty agent Robert Curtain.

Ungar bought the then two-year-old house at 3820 Point Nepean Road 20 years ago with wife Rosemary.

It sold at the 1995 Australia Day weekend auction for $2,625,000, one of nine clifftop mansions at Portsea and Sorrento and Portsea to sell for above $1 million during 1995.

The Ungar's are off to a new home at Blairgowrie.

Mandurah is a 1,969 square metre holding with tennis court above Fisherman’s Beach.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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