Mosman house for sale at $13.5m in 2019 had no takers, now it’s $17.5m and it’s hot property

28 Redan St, Mosman, has a $17.5m price guide and plenty of interest. In 2019, the price was $13.5m and there were no takers.

Businessman Michael Sissian, known for his interest in thoroughbred horses, has handed over the marketing reins to a fresh agent to sell the grand Mosman home he and his interior designer wife Linda own.

The couple listed their restored Balmoral Slopes property in 2019 with a guide of $13.5m but it didn’t trade.

Now that the dust has settled with the Federal election and Covid the Redan St manor house is back on the market, with a new styled interior, new agent Forsyth Willoughby, and an upped guide of $17.5m.

Agent Erik Stoneberg said prestige stock was so tight at the top end of Balmoral Slopes that within 16 hours of 28 Redan St coming to market, he was fielding inquiries from locals, expats and buyers from the eastern suburbs.

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Harbour views

Grand rooms

He recently sold 200a Raglan St, on the corner of Redan St, for $20m and property records show that Almora House in the neighbouring Almora St sold for $18.8m settling mid-May.

“Buyers from the eastern suburbs continue to see value over here,” Stoneberg said.

“Plus or minus $20m is the norm for them.”

The Sissians’ renovated home is on 1271 sqm of gardens and lawns, has dual street access and harbour views to North Head and beyond.

The four-bedroom, three-bathroom residence has been sympathetically updated while still honouring its Federation era origins.

Period charm

Top location

So there are grand formal living and dining rooms with bay windows and extravagant fireplaces alongside an informal media space, spacious Corian kitchen and bathrooms with underfloor heating.

Leadlight glass, decorative plasterwork, archways and polished hardwood floors are throughout and the harbour views from the east verandah are glorious. A double garage is reached via Redan Lane.

The post Mosman house for sale at $13.5m in 2019 had no takers, now it’s $17.5m and it’s hot property appeared first on realestate.com.au.

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Mosman house for sale at $13.5m in 2019 had no takers, now it’s $17.5m and it’s hot property

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