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Ray White Lower North Shore Group sets new record

By Shayna Builder
THE Mosman home of REA Group board member and former Foxtel chief executive Richard Freudenstein has set a new residential house record for the lower north shore.The property at 1-3 Burran Ave, Mosman, was sold for an undisclosed price between $23 million and $25 million, after being on the market for just 24 days.
The former Mosman record was set in March last year, with 10 Bay St selling for $22.45 million.

You wouldn’t get sick of that view!

 Overlooking Balmoral, the Burran Ave property’s new sale price triumphs the $12.75 million Freudenstein and his wife Jane paid for the property in 2006, according to CoreLogic.

The new owner of the property remains unknown but is believed to be a local.

Geoff Smith and Richard Harding of Ray White Lower North Shore were unable to comment on the sale.

Modern living at its best.

Indoor-outdoor living galore.

With seven bedrooms, it’s on 1650sqm, and if that wasn’t enough there’s the postcard-like views towards Middle Head.The home also has space to park eight cars under the tennis court.Richard Freudenstein told the Mosman Daily earlier this month that the sale was only a downsizing exercise with only their daughter at living at home. 

“We have had the best lifestyle here and it’s been a wonderful home to raise our family in.

“You can play tennis, and jump in the pool and there’s nothing better than sitting on the balcony and taking in the harbour views.

“It’s simply too big for us now.”

But the Freudensteins won’t be moving too far.

“Mosman is such a great community and our intention would be to find a smaller house in the same area.”

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