Bomera sells for half price

by AF

According to Property Observer, the 150+ year old Bomera mansion on Potts Point has sold for $12.5 million – half of the original asking price of $25 million. The house has been listed since early 2011.

The sellers purchased Bomera and neighbouring Tarana from the Defence Department in 2000 for $6.55 million. They received an offer of $15 million on Bomera a few years after their purchase, but turned it down.

The astute buyer is the daughter of the founder of RP Data – an online provider of real estate information and valuations.