Converted Windsor Castle Hotel sells for record residential Paddington price

Converted Windsor Castle Hotel sells for record residential Paddington price
Jonathan ChancellorOctober 27, 2015

The Paddington residential home price record has almost been doubled when the converted Windsor Castle hotel was snapped up for about $13 million.

The landmark lavish former Windsor Castle Hotel was strangely bought by hotelier Ben May and his wife, Lucy who has been renting in the east after recently selling his Bungan Head home.

The previous suburb residential record stood at $7.75 million.

The new residence its stark polystyrene-looking exterior has been three years in construction by interior designer Rita Polovin and her husband, former restaurateur Peter Polovin who paid $4.3 million in 2009. At the time the price was going backwards at it fetched $5 million in 2007.

The house, sold through Ballard Property and Sotheby's, was designed by X.PACE Design Group spanning four spacious levels with 770sqm of internal living space flowing to 250sqm of outdoor areas with landscaped gardens designed by Annie Wilkes. 

Prior to renovation (below).

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.

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