A grand Mosman estate has landed the affluent suburb’s top sale price so far for 2019 — and the deal was done in only three weeks.
Leesthorpe has been owned by Katrina and David Williams since 1999, and came to market earlier this month with a guide of $16 million.
It was billed as “one of the most significant historic family estates to enter the Mosman market for many years”.
The buyers agreed — and the property sold on Thursday — a week-and-a-half out from the closing date for the expressions of interest campaign.
Although the final sale price won’t be known until settlement, the fact that it sold so quickly would indicate it sold for at least its price guide.
And this would easily make it the top Mosman sale for 2019. The previous top sale was
Almora House, at 33 Almora St, Mosman, which traded in June in a top secret deal believed to be worth well over $12 million.
Richard Simeon, of Simeon Manners, would not be drawn on the sale price or the identity of the new owners of the Bradleys Head Rd property.
However it is understood they are a local family.
Mr Simeon confirmed the buyer was local, and saw the home as a long-term holding. The owners before the Williams also held the property for about 20 years, according to CoreLogic data.
“I’ve got no doubt that down the track, they (the new owners) will put their own stamp on it,” he said.
“They see it as an incredible family home for their future.”
About 10 years ago the Williams’ embarked on a major renovation of the 1754sqm property.
They enlisted award-winning architect Luigi Rosselli to create a three-level, contemporary addition to the rear of the striking Queen Anne Federation residence.
“It’s one of the most significant historic family estates to enter the Mosman market for many years,” Mr Simeon said.
“Complete with magnificent views of Sydney including the city skyline and Harbour Bridge to North Sydney, all framed by floor to ceiling glass, this home is a truly inspired work of art from its stately beginnings to the architectural vision it has become.”
Mr Simeon said there was strong interest in the property, which had been opened for inspection by appointment only, from upper and lower north shore buyers, as well as ex-pats and overseas buyers.
Five contracts were issued, he said.
“It was very well received,” he said.