Vaucluse clocked up a $34.5 million trophy sale on the quiet this week, prompting Andrews Meat wholesaler Peter Andrews and his wife Irene to start their search for downsizer digs.
The sale of the couple’s grand Mediterranean-style house on 1200 square metres with a swimming pool ends almost half a century of ownership, since it last traded in 1974 when sold by the Gehrig family for $173,000.
In recent years the family’s home on Fisher Avenue has emerged as quite the dress-circle address, since the street record was set in 2019 by a contemporary house two doors away that was sold by plastic surgeon Michael Miroshnik for $36.5 million to Sunny Ngai, of the ABC Tissue empire.
Sources pinned the sale on Laing+Simmons Double Bay’s D’Leanne Lewis and Jacob Hannon, although details on the buyer remain shrouded in mystery.
Excited chatter that the buyer is the 32-year-old boss of property developer giant Aqualand, Jin Lin, who apparently wanted to live in it while he undertakes a major renovation of his nearby $52 million trophy home Villa Igiea, were shot down by a spokesman for Mr Lin.
“He didn’t buy it, but maybe he should have. It sounds like a good house.” said Aqualand’s Alex Adams.
The Andrews house sale is set to be the second highest in Vaucluse this year, just topped by the $35 million sale of the Hillside Avenue mansion owned by Hong Kong arts patron Yang Yang to Simon Moore, head of private equity firm Colinton Capital Partners, and his partner Lucinda Cowdroy.