Hi Property Lovers
It has been confirmed...Perth has the record for most expensive home sold in Australia.
MINING heiress Angela Bennett has sold her Perth waterfront mansion for an Australian record price of $57.5 million.
The Saunders Street, Mosman Park property was sold to fellow mining magnate Chris Ellison well below the original asking price of $70 million.
The selling agent for the property was Willie Porteous, husband of Rose Porteous, whose former husband the late Lang Hancock was the business partner of Ms Bennett's father, the late Peter Wright.
The property has been on the market since 2007.
Mr Ellison, the executive director of publicly listed mining contracting and engineering firm Mineral Resources, has a reported stake in the company of about $300 million.
A former managing director of the CSI Group, his company's website says he was instrumental in developing the "build, own, operate concept of contract crushing in the resource and mining sector''.
Ms Bennett fell out with the late Mr Hancock's daughter Gina Rinehart in 2001, initiating legal action with her brother Michael Wright to claim ownership of a 25 per cent stake in the $4 billion Rhodes Ridge iron tenement in the Pilbara.
The 7567 square metre riverside mansion is made up of three self-contained buildings and has its own cinema, gym, pool, boathouse, private jetty and tennis court.
Its sale price beat the record set last year by a $45 million Vaucluse waterfront property in Sydney's east.
The previous Perth record was a Claremont property sold in 2007 for $23 million.
Mr Porteous told Perthnow that he last held the record for selling Australia's most expensive house in 1980 with a sale of just $2,150,000.
"A lot of people who have been hesitant about taking positions in the market are now going to be very relaxed, knowing that investing in the top end of the market is the way to go,'' he told Perthnow.
"Also, with all the predictions about population growth, a lot of these people coming to WA are from the higher socio-economic group and will be wanting good properties, so I think it's going to have a significant effect on the marketplace over the next three or four years.''
Mr Porteous said that in his opinion, the property was the best buy in town.
This information was gathered from:
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