Who is the shy businessman?

johnboy 2 May 2010 20

The Canberra TImes has a story on the highest priced land sale in Canberra.

27 Mugga Way in Red Hill has gone for $7.3 million, smashing the previous record of $4.5 million.

But who will be moving into the palatial grounds?


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20 Responses to Who is the shy businessman?
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poetix poetix 12:42 pm 28 Sep 11

Perhaps it’s Jackie Chan. Then you won’t be calling it tacky. Not to his face, anyway.

Matthew Matthew 11:25 am 28 Sep 11

I’m sure Sir Harold White is laughing himself silly – he bought the block on the cheap in the 1930s with a low-interest government loan. It had a drain running through it and nobody else wanted it.

dare2dream dare2dream 6:51 pm 03 May 10

Who would want to live in Bugga Way anyway?

vg vg 6:27 pm 03 May 10

ProudTenant said :

Haha, love the numerous empty wine bottle holes, But the slippery sucker of a floor in the garage is plain ridiculous! Don’t spill the Valvoline!

On the interior decoration front. Well, can honestly say that my humble little 2-bedroom home decorated with modern fittings and crisp, clean, lines and furniture, decorated with only the best that Better Bits at Pialligo has to offer, is a mile ahead of this overly priced and poorly ‘decorated” monstrosity.

Not to my taste at all.

Good on the buyer though for having the funds to spend up big.

I’m sure your thoughts on your castle crossed their minds in the purchase process, but, mayhaps, they’d think similiar thoughts about your place.

Pork Hunt Pork Hunt 5:59 pm 03 May 10

Maybe the Seppo’s bought it for Obummers upcoming visit…

jasere jasere 4:52 pm 03 May 10

dtc said :

BimboGeek said :

assume its a cultural thing quote]

Toms old place RIP dont think so he would of painted house peach to piss of the snobs around him as for as for the interior that all wife.

SmileOnTrial SmileOnTrial 2:03 pm 03 May 10

hk0reduck said :

Personally I’d rather have 18.25 $400k houses.

I do agree but the new owner probably allready does.

Ernie Ernie 1:59 pm 03 May 10

Lets just say that the Sushi business must pay well…

ProudTenant ProudTenant 10:59 am 03 May 10

Haha, love the numerous empty wine bottle holes, But the slippery sucker of a floor in the garage is plain ridiculous! Don’t spill the Valvoline!

On the interior decoration front. Well, can honestly say that my humble little 2-bedroom home decorated with modern fittings and crisp, clean, lines and furniture, decorated with only the best that Better Bits at Pialligo has to offer, is a mile ahead of this overly priced and poorly ‘decorated” monstrosity.

Not to my taste at all.

Good on the buyer though for having the funds to spend up big.

dtc dtc 9:52 am 03 May 10

BimboGeek said :

I guessed #3 was just sour grapes but those are actually some nauseating colours! If you can afford a house in Mugga Way then you can afford an interior decorator. You can replace the fugly curtains but the wooden kitchen and brown bathroom are going to be serious renovations.

I suspect the Efkarpidis are fans of the interior design concept that might be called ‘new Mediterranean’. Also common in O’Malley.

I assume its a cultural thing – much like up market houses in Hong Kong are filled with gold taps. Who am I to judge what looks good … well, actually, obviously I do judge. I like the gardens.

sloppery sloppery 9:39 am 03 May 10

I guess there comes a point when a person has so much money that it’s not really a problem any more.

Woody Mann-Caruso Woody Mann-Caruso 9:17 am 03 May 10

Crikey it’s only bloody Canberra, not Sydney!

$7m would be outrageous in Sydney. You could buy ten waterfront-view townhouses on the lower north shore for that price.

Rawhide Kid No 2 Rawhide Kid No 2 9:03 am 03 May 10

Foreign investor maybe.

hk0reduck hk0reduck 7:37 am 03 May 10

Here’s a video tour of the property. The camera-man had a bit of trouble.

http://www.open2view.com.au/tour/video/122630/0

Personally I’d rather have 18.25 $400k houses.

BimboGeek BimboGeek 7:14 am 03 May 10

I guessed #3 was just sour grapes but those are actually some nauseating colours! If you can afford a house in Mugga Way then you can afford an interior decorator. You can replace the fugly curtains but the wooden kitchen and brown bathroom are going to be serious renovations.

cleo cleo 1:02 am 03 May 10

Crikey it’s only bloody Canberra, not Sydney!

OzChick OzChick 6:28 pm 02 May 10

Whoah. That will be $474,500.00 in stamp duty to the ACT government.

nhand42 nhand42 6:07 pm 02 May 10

Looks tacky.

Holden Caulfield Holden Caulfield 5:25 pm 02 May 10

Oh, here is the allhomes link if you want to see what $7.3m gets you.

Holden Caulfield Holden Caulfield 5:22 pm 02 May 10

Pottsy?

That’s a lot of cash and the amount by which it has smashed the previous Canberra record is staggering.

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