blog, Insights, Results
Australia’s Finest Trophy Homes – 3 Wingadal Place, Point Piper
3 Wingadal Place, Point Piper has recently settled after exchanging off market for more than $60m late last year – making it the fourth most expensive house ever sold in Australia.
If you’re wondering what $60m buys you in Sydney, well this magnificent trophy home is in a league of its own. Boasting mesmerising gun barrel views of the Sydney Harbour Bridge and Opera House, the property sits on a 1,433sqm land holding in a protected cove on the exclusive Point Piper peninsula. The Ercole Palazzetti designed contemporary Tuscan-style residence boasts expansive water frontage with a deep-water boat berth that can accommodate an 80ft vessel.
Resort-style living areas over two levels take in the stunning harbour backdrop. It contains five ensuite bedrooms, a decadent master suite, plus an additional two-bedroom guest apartment alongside a media room, gym, billiard area, sauna, pool, manicured gardens and triple garaging. It even had approval for a helicopter landing pad before they were stopped for residential homes. The property is adjacent to Aussie John Symond’s mega mansion and close neighbours include Frank Lowy and Anthony Sahade.
Sold by luxury car importer Neville Crichton , ‘Portofino’ was the second highest sale last year. It also topped the price per square metre rate pushing the Australian trophy home market to new dizzying heights. Brad Pillinger of Pillinger and Bart Doff were the agents involved in this discreet & prestigious sale.
Brad Pillinger commented that “Vendors of these distinct homes are holding for their price and patience and persistence from those representing them sees the terms achieved. This is shaping the market moving forward and although we will always see prices increase with time, for now we have never offered and sold a better home!”
The top 3 house sales in Australia include the Fairfax family owned Point Piper Estate, ‘Elaine’, that sold only last week for more than $70million, Jamie Packer’s Vaucluse mansion, ‘La Mer’ that fetched $70m in 2015 and ‘Altona’, a waterfront Point Piper mansion owned by the Wang family that sold for $61.8m last November.