Quick, someone, spend $22.5m and keep wealthy Aussies away
An Auckland mansion formerly owned by Team NZ boss Grant Dalton has hit the market with an asking price of $22.5 million – almost double its CV.
The former embassy on Victoria Ave, Remuera, is now owned by property developer Culum Manson, commercial director of Manson TCLM, who bought it from Dalton in 2018 for $16.55m – well above its $11.5m rating valuation.
Manson carried out an extensive renovation of the near-900sq m home, which boasts a tennis court, heated pool, full gym and dance floor.
The house was first offered for sale by negotiation last year but the listing is now being handled by agent Michael Boulgaris, who sold the home to Manson three years ago.
According to the listing, Manson is open to trading the house for a smaller property, with the difference paid in cash.
Boulgaris believed Australian buyers would be interested.
“There are an awful lot of wealthy Australians wanting to live here,” he said.
Boulgaris has sold a swag of highend properties in Remuera and nearby Parnell this year, including a five-bedroom mansion on Arney Rd for $8.5m, a luxury 1930s-build residence on Ranui Road for $8.7m and a blue-chip property on Canterbury Place for $6.9m.
But if Manson’s house sells for its asking price, it will beat this year’s most expensive residential sale: $13.75m for a waterfront home in Auckland’s Takapuna.
However, it would be some way behind New Zealand’s most expensive house of all time: the former Hotchin mansion on Huriaro Place, in Auckland's Orakei, which sold in 2013 for $38.5m.
The highest asking price for a property on the market right now is the $50m sought for Pakatoa Island, in the Hauraki Gulf, which has been on the market since 2006.
It has a landing for a helicopter, a golf course and three private white sandy beaches, as well as somewhat run-down accommodation of 62 units.