Belmore estate of Dean Wills sold
The long-held Belrose estate of former Coca-Cola Amatil chief executive Dean Wills has been sold to the daughter of a South African rich-lister.
The grand three-level trophy home fetched $8 million when bought by Luciana Ravazzotti and her husband Pierre Langenhoven.
Her father, Giovanni Ravazzotti, the founder of tiler and bathware retailer Italtile, is ranked as one of South Africa’s richest. The family has expansive investments in Australian cattle farms. The couple have listed their home in Seaforth.
The six-bedroom mansion, complete with a pool, tennis court, and 12-car showroom-style garage as befitted Wills’ eclectic car collection, was offered through Sydney Country Living agent Brian McMillan. There was also the art studio of his late wife, Margaret.
The grand residence on 9490sqm last traded in 1994 for $2.55 million.
Wills’ 46-year business career began in 1933, when he earned 37 shillings and sixpence a week at the SA Gas Company.
This article was first published in the Sunday Telegraph.