SOLD!
Dotcom mansion for $32.5m
The new owners of the sprawling mansion once home to internet mogul Kim Dotcom paid $32.5 million for the rural retreat.
Confidentiality agreements were signed by both buyer and seller but property records obtained by the
Herald on Sunday from QV.co.nz have revealed the price paid on June 30 for the Coatesville home and its sprawling surroundings.
It had previously been on the market with an asking price of $35m.
Records list the new owners as Mahoenui Valley Trustee Limited.
The Herald on Sunday was unable to contact trustees for comment.
The property’s price tag makes it the second most-expensive house sale in New Zealand in the past three years.
Topping the list is the Orakei mansion partly financed by former Hanover Finance’s Mark Hotchin, which sold for $38m in 2013.
A Takapuna home sold for $28m in 2005, $28m was spent on a Herne Bay property last year, while a home in Hauraki, on Auckland’s North Shore, commanded a $22m price tag earlier this year.
At the time of the Dotcom mansion sale, the Barfoot & Thompson agent who marketed the property said she was delighted with the price and had taken dozens of genuine buyers through the supersized home.
In a previous interview, Christina Tang said she had around 50 genuine buyers through the property. The estate has a 2015 council valuation of $23.55m.
Tang said the seller, Chrisco multimillionaire Richard Bradley, and the new owner were “thrilled” with the result. The property was built by Bradley but really hit headlines when Dotcom moved into the mansion with his then wife Mona and their three children in 2010 and paid a reported $1m a year in rent.
He ran his file-sharing website Megaupload from the mansion which was raided by armed police in the early hours of January 20, 2012. Mona Dotcom was heavily pregnant at the time. Dotcom is now renting a waterfront apartment in Auckland.