Or­nate Hunters Hill man­sion awaits re­turn­ing am­bas­sador Hockey

The Sunday Telegraph (Sydney) - - REALESTATE -

THE H Hunters Hill penin­su­laba based Boyd fam­ily has been p pin­pointed as the likely buy­ers of Te Roma, the home of Joe Hockey, the am­bas­sador to the United S States, and his in­vest­ment ba banker wife, Melissa Babba Bab­bage. Agent Brad Pillinger had hoped Chi­nese New Year tourism would bring offshore in­ter­est, but the ru­moured strong­est in­ter­est came from the down­siz­ing lo­cal fam­ily.

Hockey and Bab­bage in­tend to up­size to another his­toric Hunters Hill home set on al­most 2400sqm.

The pair has se­cured a re­puted $8 mil­lion deal for Wy­balena House (pic­tured), a grand six-bedroom 1870s res­i­dence. The deal was se­cured via a put and call op­tion last month when a call-op­tion fee was paid and re­leased.

Their re­dun­dant 1905 Fed­er­a­tion prop­erty came down from web­sites on Fri­day. There was no of­fi­cial sale con­fir­ma­tion, but no fur­ther open for in­spec­tions are sched­uled for the 1400sqm prop­erty which cost $3.5 mil­lion in 2004 and was listed with $8 mil­lion price guid­ance.

Ob­servers sug­gest Hockey had been caught in cool­ing mar­ket con­di­tions, as the tor­rent of bil­lion­aire buy­ers from China has turned to a trickle.

The prop­erty bought by Joe Hockey (in­set).

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