Adman Rob Belgiovane sells in Mosman

Adman Rob Belgiovane sells in Mosman
Title TattleNovember 11, 2019

BWM Group founding partner and adman Rob Belgiovane has sold his Parriwi Road, Mosman home for a bullish price off-market.

The $8 million buyers have emerged as thoroughbred horse owner Paul Fleming, the son of the late grocery tycoon Jim Fleming, and wife Allison.

The deal was done by a truly local agent, Robert Klaric at The Property Expert International who lives just down the street.

Belgiovane, who founded BWM in 1996 with Paul Williams and Jamie Mackay, had paid $6.5 million three years ago when buying from the former Bank of Queensland chief Stuart Grimshaw.

The four-level Chinamans Beach home, with a private beach, was designed by architect Guy De Compiegne.

It has five bedrooms and four bathrooms.

It’s a return to the neighbourhood for the Flemings who previously owned on the dress circle Shellbank Avenue before selling in late 2017 for $11.05 million.

Parriwi Road prices have reached $10.1 million, with only a couple of sales per year. An $8.55 million sale was recently secured by the Barros family.

Belgiovane has lived in Mosman before. He sold his renovated Balmoral slopes home for $5,575,000, well over double his $2.46 million purchase price in 2011.

This article was first published in the Saturday Daily Telegraph.

Editor's Picks

First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout
Inside Melbourne's new nature-based neighbourhoods
First look: Stockwell files for new Vulture Street, West End apartment tower
From Broadbeach to Main Beach: Why local downsizers are making the move to Drew Group’s Lagoon Main Beach
SMA Projects makes downsizing easier at The Regent Fitzroy with ‘Settle When You've Sold’ initiative