Vaucluse lighthouse cottage leasehold sold to Chinese buyers

Vaucluse lighthouse cottage leasehold sold to Chinese buyers
Jonathan ChancellorOctober 5, 2016

The Nanshan Group's co-founder son Song Jianmin has paid $7.5 million for the Keepers Cottage at 15 Old South Head Road, Vaucluse during the Golden Week festival. 

The leasehold sandstone historic cottage is set on 2600sq m of land was built in 1881 by James Barnett as the Keeper's residence of the adjacent 1818 Macquarie Lighthouse.

It sold pre-auction.

It has been updated by architect Clive Lucas. 

Leasehold owners, Carmen and Steve Davidson sold the property. The couple bought the property in 2002 for $2.52 million.

The first owner was neurosurgeon John Matheson and his wife Eve.

It is occupied on a federal government 125-year lease. 

Song Jianmin's father is one of China's richest men, Song Suowen worth $US2.5 billion. 

The Songs' company, Nanshan own the five-star Pullman Sydney Airport hotel for $84 million. 

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.

Editor's Picks

Madeline, Moorabbin apartments approach completion
Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district
Citimax to continue to elevate Sunshine Coast living with Ascend Kings Beach
Walker Corp get sign off for SOL by Walker in Maroochydore
First look: Surfers Paradise riverfront set for more new apartments