The 1907 Briars, Mosman sells

Merrill Lynch's head of investment banking David Wood and wife Jillian have secured a buyer for The Briars, their Mosman Federation following their reputed $10 million purchase at Clifton Gardens.

The couple bought for $2.976 million in 2008 when Wood was managing director of Rothschild.

The renovated five bedroom 1907 home sold through David Murphy Real Estate who had a price guide of between $4.8 million and $5.1 million.

The couple were underbidders on the Vestey family's Kirribilli harbourfront which sold for $10.22 million, but instead secured Prince Albert House from the Alpe family with extension by Giles Tribe Architects with Thomas Hamel interiors through McGrath’s Michael Coombs.

This article was first published in the Saturday Daily Telegraph.