NBN boss Mike Quigley sells, but for little return

NBN boss Mike Quigley sells, but for little return
Jonathan ChancellorSep 25, 2012

Mike Quigley, boss of the federal government's national broadband network, has sold his Mosman mansion at an undisclosed price.

Kallista, the Federation home, sold pre-auction through Belle agent Sally Navra-Osborne, who had $3.7 million plus hopes given comparable recent sales.

Not much of a return, as Quigley paid $3.6 million with his wife, Vicki, for the five-bedroom Mosman property in early 2007.

They then spent $300,000 plus in renovations.

Kallista comes with wide verandas and sandstone walls framed by picturesque gardens.

It has views across Sirius Cove towards the eastern suburbs from its 936-square-metre corner location.

The house comes with a custom-fitted study and cellar.

The Quigleys are downsizing potentially to a city apartment while keeping their south coast retreat, a 1.2-hectare Berry property that cost $2,095,000 in 2010.

Another nearby property sold earlier this month at $3,675,000 under the hammer.

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.