Construction boss Peter Comino sells Vaucluse house for $25 million

The Vaucluse mansion on the beachfront reserve of construction boss Peter Comino has been sold off-market for about $25 million, ending more than 30 years of family ownership.

The Carrara Road residence has not been offered to the market since 1987 when the A.C.H. Clifford Constructions director bought it for $2.6 million from Margaret Jarrett, widow of formidable newspaper boss Rupert “Rags” Henderson.

Henderson, who was a chief executive of John Fairfax, died in 1986.

The 760-square-metre home of Comino and his wife, Gail, was being offered to buyers on the quiet by D’Leanne Lewis, of Laing+Simmons Double Bay, before it sold.

Lewis was not contactable at the time of publication, but sources say it sold to a local buyer for about $25 million. Settlement will reveal the exact result.

There are only nine houses on beach and waterfront reserve on dress-circle Carrara Road, of which the highest sale result was $47.8 million in 2016 when Sanity boss Ray Itaoui and his wife, Rachel, bought the Peter Stutchbury-designed mansion of financier Andrew Ipkendanz.

The highest Vaucluse sale this year was close to $29 million for the waterfront home of the late property tycoon Bernard Lewis to industrial gas entrepreneur Mark Michalowsky and his wife, Roleen, last month.

This year has proved one of the strongest for trophy home sales, with Australia’s first nine-digit house sale recorded in recent weeks by the Point Piper estate Fairwater when it sold to tech billionaire Mike Cannon-Brookes.

The Bellevue Hill estate Rona has followed, selling for almost $60 million to Jacqui and Richard Scheinberg, of the wealthy cattle and property investment family.