Australia’s most expensive home may have sold for $100 million this week, but the record breaking price is being kept under wraps.
Experts believe the new home owner could be from overseas, with the price tag on the waterfront mansion in Sydney’s affluent eastern suburb of Point Piper out of reach for most Australians.
The heritage-listed property known as ‘Elaine’ was first listed on the market January by luxury agent Christie’s International Real Estate.
Located in Australia’s most expensive suburb, the magnificent three-story mansion features seven bedrooms, seven full bathrooms, a ballroom, sandstone walls and a sprawling garden with century-old trees.
With an estimated 53-metre beach frontage, it features a multimillion-dollar harbour view, tennis court and is nearly three times the size of a nearby home ‘Atona’ home, which sold for $52 million in May last year.
Built in 1863, the grand Victorian style mansion has a ballroom and numerous balconies with stunning Sydney Harbour views.
Situated on one of Australia’s finest beaches, Seven Shillings Beach, it comes with a semi-private beach that runs along the Point Piper waterfront.