Cremorne's record reset thanks to $19m sale of Carl Peterson's waterfront mansion

A year to the day that the sale of a waterfront mansion smashed Cremorne’s record it has been topped again, this time at close to $19 million for the home of businessman Carl Peterson.

A local buyer is rumoured to be behind the purchase of the six-bedroom, six-bathroom residence on the suburb’s highly prized north-facing waterfront opposite Hallstrom Point.

It was December 10 last year when the title records show settlement lodged the previous high at $18.8 million on the nearby Wonga Road residence of landscaper Anthony Tisch and wife Wendy to little known James Wang and  Shanghai-based Shanghai Zhenxing International Investment owners Wang Zhengxing and Chen Caie.

At the time the Tisch sale was topping yet another waterfront sale on Wonga Road set in March of last year at $18 million for the trophy home Glencoe when it was sold to Kennard Hire’s chief executive Angus Kennard and his wife, Angela.

It is the third record set in a row by Michael Coombs, of LJ Hooker Avnu.

Coombs declined to reveal the sale price but confirmed the Paterson home has sold, coming nine months after it was listed with initial reported hopes of $25 million.

Peterson, who owns structured finance group Meridian International Capital, bought what was originally one title for $3 million in 1998, and built the three-level residence two years later with a vast internal floor plan spread over 1000 square metres of living space.

The floor plan includes three self-contained suites connected by a lift with a heated swimming pool, spa, sauna, change room and a gymnasium, and on the waterfront a private jetty, pontoon and berthing pen.

Peterson had a hand in a previous Cremorne record, given he and Napier Property Group’s Peter MacCormick and investment banker Campbell Lobb owned the waterfront property next door to his on the Cremorne waterfront that later took out top spot in the local property record books.

Lobb bought out his mates from the property in 2007 and sold the architect Phil Corben-designed residence in 2016 for $16.5 million, setting a suburb high that stood until the Kennard family bought Glencoe last year.

Peterson was previously a Kurraba Point local, having owned the 1858-built Honda House until he sold it in 2000 for $4.78 million.