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.

87-89 Wolseley Road, POINT PIPER, 2027 Mandalay - Sophistication, Elegance and Grandeur . ","id":"176665","largeThumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_600,h_750/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427996_768.jpg"},{"mediaType":"image","images":{"original":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1440,h_961/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427883_1024.jpg","width":"1440","height":961},"tablet":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1020,h_681/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427883_1024.jpg","width":"1020","height":681},"mobile":{"url":"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","width":"600","height":400}},"thumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427883_1024-150x150.jpg","description":"Mandalay, Point Piper. 3:35. 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.

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. It comes complete east and west wing, a wine cellar, gym, sauna and servants quarters. 8 Wentworth Place Point Piper NSW - Monika Tu - Black Diamondz … Mandalay, on Wolseley Rd, Point Piper, Sydney, fetches $40m. Set on a level site, with a ... - $2,584 avg/night - Point Piper - Amenities include: Swimming pool, Internet, TV Bedrooms: 5 Sleeps: 11 Minimum stay from 7 night(s) Bookable directly online - Book vacation rental 7636081 with Vrbo. But it is his 400-hectare eco-resort development, still in the planning stages, that has piqued the interest of the Port Stephens community.

All rights reserved. news.com.au — Australia’s leading news site, Movember 2017: How two Aussie blokes conquered the world. 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. Mandalay, Point Piper. “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. 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. 5 5 7.

CONTACT AGENT. Copyright 2015 Black Diamondz. ","id":"176668","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_906428271_1024.jpg"},{"mediaType":"image","images":{"original":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1440,h_961/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428245_1024.jpg","width":"1440","height":961},"tablet":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1020,h_681/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428245_1024.jpg","width":"1020","height":681},"mobile":{"url":"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_906428245_1024.jpg","width":"600","height":400}},"thumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428245_1024-150x150.jpg","description":"Mandalay, Point Piper. 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. The Bellevue Hill residence next door has been owned by family member Hu Huiying since 2001 when it was bought for $11,088,000.

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. 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. 87-89 Wolseley Road, Point Piper 'Mandalay' - Black Diamondz - Duration: 3:35. virtualhometours1 20,282 views. Nationwide News Pty Limited Copyright © 2020. “We’ve been working closely with the developer for years and working through the traditional environmental and geographical requirements to identify the opportunities offered by the site. 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","id":"176666","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_906428198_1024.jpg"},{"mediaType":"image","images":{"original":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1440,h_1800/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427996_768.jpg","width":"1440","height":1800},"tablet":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1020,h_1275/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427996_768.jpg","width":"1020","height":1275},"mobile":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_600,h_750/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427996_768.jpg","width":"600","height":750}},"thumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906427996_768-150x150.jpg","description":"Mandalay, Point Piper. Subscribe to the Black Diamondz Newsletter for our latest property information. 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. All times AEDT (GMT +11). window['fe-co-content-media-gallery-fe-co-content-media-gallery_1'] = {"noAds":true,"enableVerticalGallery":false,"isOpen":false,"startIndex":0,"title":"","showDescriptions":false,"showThumbnails":true,"theme":"domain","nielsenSite":"","items":[{"mediaType":"image","images":{"original":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1440,h_961/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428271_1024.jpg","width":"1440","height":961},"tablet":{"url":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,w_1020,h_681/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428271_1024.jpg","width":"1020","height":681},"mobile":{"url":"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_906428271_1024.jpg","width":"600","height":400}},"thumbnail":"https://res.akamaized.net/domain/image/fetch/t_web/https://static.domain.com.au/domainblog/uploads/2015/08/05032912/0_906428271_1024-150x150.jpg","description":"Mandalay, Point Piper. The view looking east towards the heads of the harbour. Photo: Ben Rushton. 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). Mandalay mansion in Point Piper sold for $39.9 million, setting a record for a non-waterfront Australian house. A spectacular family residence, Mandalay is positioned to capture breathtaking, views of Sydney's magnificent harbour, bridge and Opera House. This truly is one magnificent Point Piper home!

The $39.9 million sale is the highest result this year, and sets a record for a non-waterfront Australian house. Great Lakes Council has already received various environmental studies on the potential development uses of the site. August 2, 2016 1:05PM. Last updated August 2, 2016 1:10PM AEST. Domain took an exclusive tour of Mandalay in February when the property hit the market. 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.”. 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. The five-bedroom mansion sits on 1891sq m of land overlooking the Point Piper … Find out more about our policy and your choices, including how to opt-out. The house has a heated pool, gym and sauna. ","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. For $58.5 million, the estate known as “Mandalay” in Point Piper can be yours.The house is …

Buyer of $39.9 million Point Piper mansion Mandalay revealed. Find out more about our policy and your choices, including how to opt-out.

The five-bedroom mansion sits on 1891sq m of land overlooking the Point Piper peninsula, boasting spectacular views of the Sydney Opera House.

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