Viewless Willowbank, Bellevue Hill weekend trophy home sale will assist flagging median
Viewless Willowbank, a five bedroom Bellevue Hill trophy home, sold ahead of its scheduled weekend auction for $11 million plus.
The Kulgoa Road vendor was Mark Greig, son of the late cricket commentator Tony Greig, and his wife, Angela Roche.
The property had been initially marketed with $9 million plus hopes through Sotheby's International Realty Sydney agent James McCowan.
The 858 square metre property last sold at $5.75 million in 2007 when bought from Peter Kendall.
The 1930s Georgian home was re-built 2009 by architects Lawton Hurley with interiors by designer Lynda Kerry in grounds landscaped by William Dangar.
The Hamptons-style house comes with mosaic-tiled heated pool and spa with cabana and the semi-enclosed deck with built-in outdoor kitchen.
Addenbrooke, the stately Bellevue Hill trophy home, was the prestige suburb's last big sale at $28 million earlier this year.
With a $3.15 million median house price, its among the highest in the country. But its median house price is still below its $3.92 million peak in 2010 and 6% below five years ago.
Addenbrooke last traded at its 1988 auction for $5.375 million having been the home of the late Sir Lionel Coppleson, the former hire purchase Custom Credit c0-founding chairman, for close to five decades.
The $28 million sale exceded the suburb's prior record which stood at $23 million for Lachlan Murdoch's Le Manoir purchase in 2009 and the also sale of 84 Victoria Road in 2010 for $23 million.
There have been another three sales above $20 million, including Rona in 2005 at $20.5 million.
