mandalay, point piper

August 2, 2016 1:05PM. Nationwide News Pty Limited Copyright © 2020. A spectacular family residence, Mandalay is positioned to capture breathtaking, views of Sydney's magnificent harbour, bridge and Opera House. Subscribe to the Black Diamondz Newsletter for our latest property information. Mandalay mansion in Point Piper sold for $39.9 million, setting a record for a non-waterfront Australian house. window['fe-co-audience-experiments-fe-co-audience-experiments_1'] = {"position":"middle","theme":"domain"}; Mr Lee’s Tea Garden Farms company bought the vast waterfront site in Bundabah in 2006 for $8.8 million, with plans to build a golf course, convention centre and eco-resort. Villa del Mare was bought by well-connected Australian resident Lola Li Wang, the wife of Li Liang, a former major player in China’s renewable energy industry. Mr Lee is known as a road construction and urban developer in China, and has owned the road and line marking company Catseye Group in Australia for the past 15 years. 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Copyright 2015 Black Diamondz. Settlement on the forced sale of the nearby Point Piper mansion Villa del Mare by Chinese billionaire Xu Jiayin is expected to eclipse that amount at $41 million when the transfer documents are lodged with the land titles office next week. The sale of Mandalay by tobacco executive Bill Webb and his wife Marijke was a comparatively fast one by trophy standards, having sold last month less than three months after it was officially listed. Domain took an exclusive tour of Mandalay in February when the property hit the market. 87-89 Wolseley Road, Point Piper 'Mandalay' - Black Diamondz - Duration: 3:35. virtualhometours1 20,282 views. But it is his 400-hectare eco-resort development, still in … “We’re awaiting concept plans for the built form now, but we’re expecting it to be a huge development opportunity for the southern part of the shire.”. The five-bedroom mansion sits on 1891sq m of land overlooking the Point Piper … Mandalay, Point Piper. Last updated August 2, 2016 1:10PM AEST. Mandalay, on Wolseley Rd, Point Piper, Sydney, fetches $40m. Great Lakes Council has already received various environmental studies on the potential development uses of the site. Point Piper's Mandalay: pure luxury over looking the harbour Ben Rushton Former tobacco executive Bill Webb and his wife Marijke listed the house at 87-89 Wolseley Road in February. All rights reserved. But it is his 400-hectare eco-resort development, still in the planning stages, that has piqued the interest of the Port Stephens community. news.com.au — Australia’s leading news site, Movember 2017: How two Aussie blokes conquered the world. 3:35. 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For $58.5 million, the estate known as “Mandalay” in Point Piper can be yours.The house is … Find out more about our policy and your choices, including how to opt-out. Photo: Ben Rushton. 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All times AEDT (GMT +11). “We’re looking at a huge development opportunity for Great Lakes in what is likely to be a six-star resort that will potentially cost about $200 million to develop,” said general manager of the Great Lakes Council Glenn Handford. The Bellevue Hill residence next door has been owned by family member Hu Huiying since 2001 when it was bought for $11,088,000. ","id":"176664","largeThumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_600,h_400/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427883_1024.jpg"}]}; Monika Tu and Martin Ross, of Black Diamondz Concierge, and Bill Malouf, of LJ Hooker Double Bay, declined to provide details about the buyer, but property records reveal the Lees have been a Bellevue Hill family since 2013 when they bought their Victoria Road home for $7.7 million. The Lees record high of $39.9 million is not expected to hold the record for long, even with rumours the final Mandalay sale price was at just more than $40 million given negotiated inclusions. It comes complete east and west wing, a wine cellar, gym, sauna and servants quarters. Point Piper's newest resident, road construction and eco-resort developer Phillip Dong Fang Lee and his wife Shi Xiaobei took possession of their recently purchased mansion Mandalay this week. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. A spectacular family residence, Mandalay is positioned to capture breathtaking, views of Sydney's magnificent harbour, bridge and Opera House.This sophisticated three-level, 900 square metre, European-style villa is set on 1891 square metres of manicured grounds and presents opulence at every turn.Mandalay offers the comfort of reverse cycle ducted air conditioning and the convenience of a five car garage, a two car garage, gym, sauna, wine cellar, heated pool and security cameras.The large, open plan kitchen features a butler's pantry along with staff quarters for the maid or nanny.Bedrooms are divided between two wings – the West Wing with 3 bedrooms, two with their own ensuite, plus a full bathroom.The East Wing – Parents suite with two ensuites, palatial walk-in robe, office with sitting area and private balcony.Enjoy unparalleled Sydney style luxury and make Mandalay your new address.Co Agent Bill Malouf Lj Hooker Double Bay 0411 428 354(enter via 1 Wentworth Place)Council: $17,493.63 paWater: $706.24 paINSPECT BY PRE-ARRANGED APPOINTMENT FRIDAYS 12.00-12.45pm & WEDNESDAY 3.15-4.00pm (commencing Friday 20 Feb). 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