Vaucluse lighthouse cottage leasehold sold to Chinese buyers
The Nanshan Group's co-founder son Song Jianmin has paid $7.5 million for the Keepers Cottage at 15 Old South Head Road, Vaucluse during the Golden Week festival.
The leasehold sandstone historic cottage is set on 2600sq m of land was built in 1881 by James Barnett as the Keeper's residence of the adjacent 1818 Macquarie Lighthouse.
It sold pre-auction.
It has been updated by architect Clive Lucas.
Leasehold owners, Carmen and Steve Davidson sold the property. The couple bought the property in 2002 for $2.52 million.
The first owner was neurosurgeon John Matheson and his wife Eve.
It is occupied on a federal government 125-year lease.
Song Jianmin's father is one of China's richest men, Song Suowen worth $US2.5 billion.
The Songs' company, Nanshan own the five-star Pullman Sydney Airport hotel for $84 million.