Werribee, Vaucluse sold to Mr Sun

One of China’s wealthiest businessmen, leading food producer Sun Shaofeng has emerged the $20 million buyer of the Vaucluse estate Werribee.

It was sold by the estate of the late Cementaid founder Peter Aldred through Raine & Horne Double Bay’s Max Spartalis.

Mr Sun is the chairman, chief executive and majority shareholder of the Hong Kong-listed agricultural company China Green, which is best known as one of China’s leading agricultural producers on the mainland.

The Fujian-based company sold off its beverage subsidiary last year to Coca-Cola for $US400 million.

The 3330 square metre property last sold in 1961 when it set a Sydney housing record at 41,000 pounds. 

It was the long-time home of the Combs family until it was sold by grazier Charles Combs in 1961 to the Aldred family.