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Sydney Young Chinese Merchants House over 30 million

Source: xkb.com.au
[Economic News]     22 Sep 2020
With the new state's new crown improving and luxury sales starting to emerge, the latest luxury deal is for Chinese businessmen Alex Ma homes in Sydney's Walker (Vaucluse) to change ownership for more than $30 million.
Sydney Young Chinese Merchants House over 30 million

The mansion was sold for more than $30 million after it was released again in July. (Image of Australian News Network)

With the new state's new crown improving and luxury sales starting to emerge, the latest luxury deal is for Chinese businessmen Alex Ma homes in Sydney's Walker (Vaucluse) to change ownership for more than $30 million.

The mansion, located at 20A on Walker Ruth Road (Vaucluse Road) Hermitage Estate has seven bedrooms and eight bathrooms with cinemas, heated swimming pools, elevators, gyms and saunas, parking spaces for 12 cars and a purchase price of $26.5 million in Alex Ma 2017.

The 30-year-old Alex Ma bought two waterfront homes on Karara Road (Carrara Road) at the end of 2018 for $56 million, and then put Walker Road's property on sale for the first time in February 2019.

Last March, Badger Fox agents Leibnia (Peter Leipnik) and George (Alex George) announced the sale of Waldorf's mansion, but the Australian buyer failed to complete the deal and even lost a $3 million deposit.

Leibnia and George confirmed yesterday that the mansion was sold to a new buyer.

It is reported that the mansion was put on sale again in July this year, the guidance price is still 30 million Australian dollars, anded in August, but the auction was not held, but now at a price higher than the guide price.

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