Sydney trophy property sells for $40 million

Point Piper mansion, Mandalay, has been sold for more than $40 million.

The five-bedroom mansion on the suburb’s prestigious Wolseley Rd, was bought by a Chinese buyer with Australian residency on Wednesday night.

Listed with Monika Tu and Martin Ross from Black Diamondz along with Bill Malouf of LJ Hooker Double Bay, the top notch property sold after being listed in February.

See the article at The Australian.