Henry Plumptre

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Godolphin, the international horse empire of the Dubai Sheik Mohammed bin Rashid al-Maktoum, scheduled a 9am Saturday auction morning to offload its redundant Mosman trophy home.
The early start, given a coffee shot for attendees from realestate.com.au’s mobile coffee cart, was scheduled as the racing enthusiasts had a runner in the first at Royal Randwick. The Orlando Avenue home had been bought in 2016 for $5 million for then managing director Henry Plumptre, who departed in 2017 for Waikato’s Cambridge Stud.
The cul-de-sac Federation four-bedroom, two-bathroom home attracted seven registered parties. The stone kitchen and informal living area open to an alfresco space with kitchen and pool.
BradfieldCleary Double Bay agents Bob Guth and Sam Green took a $4 million opening bid.
Announced on the market by auctioneer Mark Daley at $4,425,000, it sold to the opening bidder — who had come from Bronte — at $4.45 million.
Auction is certainly a worthy tactic as time-to-sell spirals with a saturated private treaty market of unsold pricey offerings. Prices in Sydney’s upper end have also been hit by a 12 per cent price fall.
From oceanfront homes to CBD penthouses, beachfronts and rural getaways, offerings are aplenty.
Agents report ­little pressure to sell by these well-heeled vendors, and their lenders, but buyers might just be able to secure a bargain as the richlister loses patience.
Meanwhile Guth watched Bivouac win the first, then Microphone take the Inglis Sires for Godolphin, and Multaja take the last with the Godolphin track earnings on the day of $1.66 million.
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Sheik's Godolphin racing team offloads Mosman trophy home

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The downsizing Australian boss of the Godolphin stables, Henry Plumptre and wife Michelle have a new home.
The boss, Dubai Sheik Mohammed bin Rashid al-Maktoum has written a cheque on a $5 million mansion in Mosman.
It comes ahead of a bumper day for the stable at Royal Randwick today in day one of The Championships.
The Mosman home has four bedrooms and two bathrooms with rear decking and swimming pool.
It last traded for $1,775,000 in 2003. 
Richardson &amp; Wrench agent Andrew Blaxland sold the home off market in one inspection with no marketing, the website advises.  
Plumptre's home was secured under the Godolphin company name, as was his former Bellevue Hill trophy home which cost $5.25 million on Bulkara Road home in 2005.
Plumptre has been renting in Mosman since the Bellevue Hill home sold in August last year for $6.85 million, just a week on the market through James Keenan at Ray White Double Bay.
Royal Randwick sees Plumptre's famous Godolphin Blue Army out in full force this weekend.
The Dubai Sheik Mohammed bin Rashid al-Maktoum's Goldophin breeds horses in Australia, France, Japan, Ireland, America and the UK.
This article first appeared in the Daily Telegraph.
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Henry Plumptre

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