Rose Bay Italianate mansion Rothesay passed in for $12 million at auction
Rothesay, the very grand 1896 Victorian Italianate home in Bellevue Hill, was passed in at $12 million at its auction last night.
Ray White auctioneer James Keenan took just the one bid before passing the property in for private treaty negotiations.
In 1998 the founder and executive chairman of the St Hilliers group, Tim Casey, and his wife, Anne Marie, daughter of the legendary thoroughbred trainer Bart Cummings, bought Rothesay for $4,606,000 in 1998 from the Jagelman family.
Having since been extensively remodelled, Rothesay was listed with price hopes of more than $13 million.
The landmark five-bedroom Cranbrook Road mansion comes with separate self-contained staff quarters on its 2,008-square-metre block.
It’s undergone a revival with Thomas Hamel interiors and outside William Dangar landscaping.
It’s crowned by a classic Italianate turret with a sundrenched tower room.
The listing presented a rare opportunity to secure a landmark property of “true international stature,” says its Ray White Double Bay listing agent Craig Pontey.
“Rothesay is arguably Sydney's finest example of Italianate architecture,” its conjunctional Ray White agent Michael Finger adds.
