Billionaire Ralph Sarich lists Mosman Park, Perth riverfront
Jonathan ChancellorJune 4, 2014
Billionaire Ralph Sarich has listed a redundant, unrenovated Mosman Park riverfront property.
It cost $1.05 million in 1994.
A reported $11 million is tipped for 31 Saunders Street, one of Perth’s most exclusive private addresses, although Property Observer notes $14 million initial hopes on its late 2013 listing.
The 2008 square metre holding comes with a 1950s home.
It is listed through estate agent William Porteous.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
Tags:
Perth