Mother and son’s Sydney trophy home sell-off continues with $25m listing

22 Wentworth Rd, Vaucluse has a $25m price guide for a forthcoming auction.

Jing Wang and her 29-year-old son William Wu spent $100m on Sydney property in a year, now they’ve listed one of those homes with a $25m price guide.

The Wentworth Rd, Vaucluse residence — bought for $19.78m last March — is set for an upcoming auction via Laing and Simmons Double Bay principal Steven Zoellner.

It’s just one of the luxurious properties in the name of one of the family companies used to amass an astonishing portfolio of homes, including a waterfront on Vaucluse’s Carrara Rd for $25m and the Ho family of Singapore’s Bellevue Hill mansion with tennis court, pool and 16-car garage for $25.5m.

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The modern addition to the 1920s home features an open-plan living area opening to a deck overlooking the pool.

The gun-barrel views of Sydney Harbour are a highlight.

The family has already made a good profit on one of their luxury homes — a five-bedroom residence at 69 Bulkara Rd, Bellevue Hill, that they bought for $11.08m in 2020 sold for $17.5m in February.

All of the homes are understood to have been purchased for the use of Wang family members. Jing Wang is a property developer.

The Wentworth Rd home has four bedrooms, three bathrooms, a double garage and gun-barrel views over Sydney Harbour.

The family purchased the home for $19.78m last March.

The master bedroom also has a gob-smacking view.

“The big sell is the view from the rear of the property,” Zoellner said.

“You get to see the level garden and pool as well as the harbour … it has the perfect sunny aspect.”

The living area is on the entrance level, with the bedrooms upstairs, and there’s a home theatre or gym off the garage.

The reason given for the sale is to fund building a large house. It’s unclear if that involves an extension to one of their existing homes, or another purchase.

The front section of the home has old world charm.

The view at night is particularly impressive.

The family bought the Wentworth Rd home from dentists Gloria Pei Cheng Shih and Lawrence Tsu Liang Lau, paying more than double the $9.3m they’d paid six years before.

The 1920s harbourside manor had already been transformed by BKH Architects with its rear extension in an interesting fusion of old and new.

The post Mother and son’s Sydney trophy home sell-off continues with $25m listing appeared first on realestate.com.au.

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Mother and son’s Sydney trophy home sell-off continues with $25m listing

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