Sydney harbour home fetches record $54 million | Bangkok Post: news

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Sydney harbour home fetches record $54 million

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A Sydney harbour-front mansion has been sold to a Chinese-born businessman for $53 million dollars (US$54.3 million), setting a new property record for the city, reports said Thursday. 

The Sydney Harbour Bridge and the city skyline. A Sydney harbour-front mansion has been sold to a Chinese-born businessman for $53 million dollars (US$54.3 million), setting a new property record for the city, reports said Thursday.

The eight-bedroom, seven-bathroom house "Altona" in prestigious Point Piper had been on the market for several years, having been bought in 2002 for Aus$28 million by a former publishing executive.

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