The Rothesay mystery deepens
Bellevue Hill local Andrew Gray, who runs private equity firm Potentia Capital with former MYOB boss Tim Reed and his wife, Emma, bought the Mosman house from former Perpetual boss Geoff Lloyd for $17 millions.
The Federation mansion, Cambria, on the slopes of Balmoral was bought by Geoff Lloyd in 2015 for $7.8 million and recently resold for $17 million.
It’s an intriguing purchase not only because locals from the eastern suburbs were once unknown buyers at Harbor Bridge, but because it has again sparked rumors that the Grays have quietly sold their Victorian Italianate mansion, Rothesay.
When rumors surfaced last year that the sprawling 2,000-square-foot property on Bellevue Hill had sold for $25 million, Title Deeds ignored it because Gray resolutely dismissed it. Sources have since suggested he’d have to shell out more than $35 million anyway.
Gray has again denied selling it to Bill Malouf of Highland Double Bay (who showed it last year) said he had “absolutely no comment” and other agents have been told it’s not for sale.
Meanwhile, Lloyd stays in Mosman. He and his wife, Carly, purchased contemporary digs overlooking Mosman Bay for $14.25 million through Michael Coombs of Atlas.
Lloyd’s new house, sold by Coombs on behalf of China’s little-known Shao Ying Zhang, saw an impressive rise in value in the post-pandemic boom. It was last traded two years ago for $11.75 million.
And former Olympic sprinter Matt Shirvington and his author wife, Jessica, put their Federation home in Mosman on the market this week. Coombs informed buyers of expectations of $14 million.
The six-bedroom home with a tennis court and pool across the street from Sirius Cove Beach last traded in 2017 for $7 million.
Located on 1,300 square meters, it was previously owned by retired oil consultant and WorleyParsons executive Emil Finn and his wife, Genevieve, who purchased it in 1980 for $322,000.
This story first appeared in Sydney’s morning herald Y Age.