Celebrity accountant Anthony Bell make jaw-dropping profit on breath-taking clifftop mansion
As a lifestyle expert with years of experience navigating the world of high-end real estate, I must say Anthony Bell’s latest property transaction has left me both envious and impressed. The man knows how to make a profit! Selling a luxury Sydney mansion for $21 million, almost double what he paid seven years ago, is nothing short of remarkable. It’s a feat that even the most seasoned real estate investors would find hard to replicate.
Wealthy accountant Anthony Bell pocketed a large sum of money, approximately in the millions, following the sale of his lavish Sydney residence that he acquired from Larry Emdur back in 2017.
52-year-old Bell just closed a staggering deal, selling his luxurious Dover Heights estate for an astounding $21 million. This is nearly twice the $11.5 million he initially invested in it, seven years prior.
The mouth-watering sum he received from the sale smashes the record for the highest amount paid for a property in the affluent beachside suburb.
A magnificent home boasts a 1000 square meter plot and showcases beautiful architecture, impressive glass-walled structures, and a spacious outdoor swimming pool.
Last Friday, it was discovered that the large amount Bell received for the sale of their 30-meter oceanfront mansion was indicated in the property’s deed.
I just can’t contain my excitement! It’s being whispered all around town that Bell has splurged on a lavish abode in the swanky Rose Bay suburb for a cool $9,657,000! And get this – it’s not even a home for personal use, but an investment property! Oh boy, I can hardly wait to see what this move brings next. The news is out on Realestate.com.au!
In 2017, it was reported that Bell paid a record $11.5million for Emdur’s former home.
In my expertise, I can confidently say that I’ve rarely encountered a residential sale as monumental as this one, particularly within the exclusive Sydney beachfront neighborhood, known for its sophisticated and affluent residents.
Bell’s acquisition surpassed the $9.5 million spent by South African tech investor, Kevin Bermeister, and his wife Beverley on a comparable property back in 2014.
Despite the high, multi-million dollar asking price that became apparent through public documentation, real estate experts still considered the offer as one hard to resist, labeling it as an irresistible proposition.
In six years, Emdur, a close acquaintance of Mr. Bell, managed to earn approximately $4.7 million as a return on his investment. He had purchased a property with an ocean view for around $6.8 million back in 2011.
He and his wife Sylvie got a drastic change of scenery by moving into a $3million apartment in The Rocks, converted from a heritage-listed Cadbury depot.
On previous occasions, Bell has selected acquaintances from his circle of fame when aiming to initiate real estate transactions.
The millionaire financier bid on a Bellevue Hill apartment on behalf of Emdur in June 2017, however wasn’t successful after he was outbid when the home went for around $1 million more than expected.
Bell sold his Bondi Beach bachelor pad for $6m to cricketer Michael Clarke in 2009.
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2024-09-10 17:36