Yachtie Matt Allen sells Bellevue Hill trophy home Yoorami
The veteran yachtie Matt Allen has cleaned the decks of his prestige eastern suburbs property oversupply by selling Yoorami in Bellevue Hill for $15 million plus ahead of this week's scheduled auction.
It took its time however, having been on the market for just over two years before the Ray White sale of the six bedroom, six bathroom estate.
Allen is now ensconsced on the waterfront in Darling Point after paying $32 million in 2013 for the home of the late Sir William Tyree. Allen is busy lining up for his 26th start in the Sydney to Hobart Yacht Race on Boxing Day in his ocean racer, Ichi Ban.
The 1920s Victoria Road Yoorami has been restored by architect Michael Suttor with interiors by Thomas Hamel, retaining its grand period detail.
The private 2903 sqm gardens come with tennis court.
Matt bought the Yoorami estate for $5.65 million in 1996 from barrister Geraldine Vandeleur, wife of silk Charles Sweeney.
Of course Yoorami came to prominence when builders Bill Shipton and Zaro Elizov were reinventing Sydney's top-end mansions in the mid-1980s.