Real Estate

accor boss michael issenberg sells his long held mosman home

Written by The ReReport

Accor Asia Pacific boss Michael Issenberg has sold his Mosman property that had recently been rented out. Picture: Jerad Williams.

THE chairman for French hotel giant’s Accor, Asia Pacific division, Michael Issenberg and wife Elisabeth have sold their long held Clifton Gardens home for an undisclosed price.
It had been listed with a price guide of $8 million and was sold through Ray White Lower North Shore’s Geoff Smith and Richard Harding who were able to reveal how much the home sold for.

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The pair had been seeking expressions of interest on the property until October 18. It was marked as sold on October 29.

The home sits on 1073sqm of land.

Having held the position for the past decade, the couple are now based in Singapore and no longer live at the property.
Since being based in Singapore, the property had been rented out. CoreLogic data shows that they were seeking $4200 per week in June of this year with Corporate and Executive Leasing.
Michael and Elizabeth acquired the home in 1995 for $915,000 from gold bullion dealer Kurt Jaggard and his wife Nathalie.
Mr Smith said a lovely lower north shore family purchased the property and plan to make it their long term home.
Most of the interest in the property came from local families, which Mr Smith said did not surprise him.
“Given the layout and the land size, it suited families, especially lower north shore families which are after property like this,” he said.

The kitchen flows out to the backyard.

The house is defined by its outdoor terraces.

The Mosman home is close to the harbour foreshore and sits on 1073sqm of land surrounded by bushland.
Amenities include a gas kitchen, swimming pool, airconditioning, heating, wine cellar and a double-car garage.
It has five bedrooms, four limestone bathrooms, an executive home office, sandstone terraces and a swimming pool.


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