Sydney luxury property: Point Piper mansion sells on the quiet for more than $80m

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Point Piper mansion Rockleigh has sold for over $80 million, clocking the highest price for a property so far this year.

The harbourside suburb’s third-highest sale is theUig Lodge at the top of Point Piper holds the suburb record at $130m.Where Rockleigh’s sale price sits on the national ladder will be determined at settlement, and whether it beats Melbourne’s record set at the $80,000,088 million paid by crypto entrepreneur Ed CravenRockleigh, which sits on a steep 1284-square-metre harbourside block, had been offered off the market at the beginning of this year, with hopes of a $100 million price.

While the exact sale price is unknown, the final figure is thought to have landed somewhere between $80 million and $85 million.Philippa Harvey-Sutton, inherited the property from her mother, the lateVal – who was an avid art collector and Egyptian archaeology enthusiast – and her late husbandpaid just $325,000 for the Point Piper estate in 1977. The Rundles purchased the property fromThe buyer of the pink mansion – which sits between two apartment buildings – is yet to be identified.

 

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