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The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

 
[Economic News]     17 Oct 2018
For the third time since it was built in the 1880s, the historic Bellevue Hill manor, Rona Manor, received about A $60 million from the seller`s real estate tycoon Terry Agnew and his separated wife, Kyril.

For the third time since it was built in the 1880s, the historic Bellevue Hill manor, Rona Manor, received about A $60 million from the seller`s real estate tycoon Terry Agnew and his separated wife, Kyril.

The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

The buyers are Bellevue Hill locals, Jacqui Scheinberg and Richard Scheinberg, from wealthy pastoralists and property investors.

Before that, the Gothic renaissance mansion had been on the market for two years. Just a few days ago, Mr. Agnew`s Towe

Holdings also took its ownership of (Great Keppel, Grand Kaiser Island, Queensland.

Island) Resort sold to a couple from Singapore and TW for more than A $50 million.

Throughout the sales period, Bart Doff from Laing Simmons Double Bay and Ben from The Agency

Collier, the two real estate agents strictly adhere to the "do not disclose the guiding price" principle. However, independent sources said the property is believed to have been sold at a price of more than A $60 million as expected. Sales agents declined to comment.

The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

In 2015, Chinese businessman and yacht enthusiast Wilson Lee and his wife Baoyu Wu bought Bellevue Hill`s Leura mansion for A $30.8 million. Wilson Lee is one of the top executives at (Noahs Group), a Chinese wealth fund, but better known for 15 years, his superyacht, Ark 323, came to Sydney from the Shanghai Norez Sailing Club. Become the first all-Chinese team to take part in the Sydney-Hobart Sailing Race.

The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

The buyer, Scheinberg, is the head of family business McDonald Industries, which specializes in real estate development and investment, and is the youngest son of the late Stockland (formerly known as Stocks & Holdings), the original financier of Albert Scheinberg, and his wife, Gisella Sheinberg (Gallery owner, who died last week.

Founded in 1883, Rona Manor is a Victorian country gothic style. Designed by architect Gustavus Morell for industrialist Edward Knox. The estate has been rebuilt twice in history, once burned down by fire in 1905, and once in the early 1950s, where the know family lived for a long time.

The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

John Schaeffer, an art collector and businessman, bought Year Nineteen Eighty-nine for A $9.6 million, ending a century-long ownership of the Knox family.

Rona estate, covering an area of 5700 square meters, is one of the largest private properties in Bellevue Hill, second only to the Cairnton estate of the Packer family. The nearby Barford estate covers an area of 5400 square meters. 13 years ago, Schaeffer sold the Rona estate to the Agnew for A $20.5 million.

This is a landmark year for Australia`s top luxury housing market, with tech billionaire Mike Cannon-Brookes buying Point Piper`s Fairwater estate for A $100m, the first nine-figure residential property in Australian history.

The sale of the Bellevue Hill mansion in 60 million broke the record of Chinese businessmen.

Earlier, Cannon-Brookes had expressed interest in the Rona estate, and Sheinberg was said to have visited Fairwater.

By MR

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