Neighbours of the extraordinary home include Microsoft co-founder Paul Allen, the Ferrero family of Nutella fame, and Curt Engelhorn, the great grandson of the founder German chemical company BASF.
When David Compari-Milano bought liquor giant Grand Marnier Group earlier this year, the European distiller also acquired the historic villa. Now the property is for sale, with proceeds going to Grand Manier shareholders.
King Leopold II once owned the property, and Winston Churchill loved painting the exquisite gardens. Richard Burton, Elizabeth Taylor, and Charlie Chapline are all said to have holidayed there.
Although softer demand is making it more difficult to sell under the hammer this year, the auction process creates a sense of competition that is needed to achieve a big result. Check out my thoughts here: news.com.au: https://www.news.com.au/finance/real-estate/sydney-nsw/inner-west-auction-market-set-to-be-tested-for-first-time-in-2019/news-story/d9c1a87d832573cb87d39a7c8fe24e63
As reported in The Real Estate Conversation: