A stunning Mosman trophy home has been snapped up in for an eye-watering $17.8 million.
The perfectly positioned luxury five-bedroom home, at 49 The Esplanade, transacted in an off-market deal in the latest show of strength for Sydney’s prestige property market.
Belle Property’s Tim Foote negotiated the deal for the Balmoral beach property and congratulated both the buyers and sellers in a LinkedIn post.
“Beyond proud to represent our wonderful owners of arguably the best property on the Balmoral Beachfront,” he said.
“So pleased to achieve a wonderful result for them at $17,800,000 and it was an absolute delight to deal with the purchasers,” said Mr Foote.
Located literally seconds from the water, the incredible home enjoys sweeping views out to Middle Head and boasts proximity to some of the Lower North Shore’s most popular restaurants and eateries.
The landmark sale is the latest of its kind as Sydney’s high end real estate market continues to soar as we approach the summer months.
A nearby Mosman property sold back in September for $20 million setting the tone for the begining of what is stereotypically the busiest period in the real estate calendar.
The four-bedroom property, at 26 Plunkett Road, was once rented by the Beckhams and was snapped up after being listed on the market for just three days.
49 The Esplanade, Mosman, NSW 2088