Investor Stephen Burcher’s $25m Rose Bay dream home

Investor Stephen Burcher’s $25m Rose Bay dream home

Property investor Stephen Burcher has listed his harbourfront designer home in Rose Bay for $25 million, with press scion Alexander Ma set to put the $26.5 million Vaucluse home he bought in 2017 to March auction.

Mr Burcher and his wife, Melissa, have opted for an expressions of interest campaign with The Agency’s Ben Collier for their five-bedroom “prestige harbourfront sanctuary” at 20B Tivoli Ave.

The couple bought the Bruce Stafford and Hare+Klein designed home for $12.5 million in 2010 from developer Michael Issa and his wife Anastazija Balaz.

It has knockout harbour views to the city and Harbour Bridge.

There’s a lift to each level, a marble kitchen, luxurious bedrooms and a private boatshed at the water’s edge.

The Burchers bought a $12 million beachfront home at Palm Beach’s Pittwater late last year.

They snapped up the Snapperman Beach home owned by Frank and Amber Elsworth, of the Muir Holden family.

Meanwhile, Ma, the son of Hong Kong press baron Ching-Kwan Ma, has listed his remarkable non-waterfront home at 20A Vaucluse Rd with BadgerFox agents Peter Leipnik and Alexander George.

Mr Leipnik anticipates a six-week campaign and isn’t offering a price guide — but he confirmed it would be above $30 million.

He pointed to a range of $20 million sales late last year in Vaucluse for inferior properties, such as the six-bedroom renovator’s delight with knockout iconic harbour views at 4A Vaucluse Rd, owned by Hong Kong-based couple Rosemary and Desmond Inglis for more than 45 years.

That had sold through Paul Rich of Rich’s Double Bay.

Mr Ma’s home, too, was designed by Bruce Stafford, and has 1500 sqm of internal living space with magnificent views over Sydney Harbour.

Mr Ma, 30, is keeping the reasons for the sale close to his chest.

Though neighbours suggested that he may have found the seven-bedroom, eight-bathroom home with nine-car garage a little too big for his requirements.

Along with the Chefs’ kitchen with Wolf appliances, there’s a state-of-the-art cinema, separate self-contained guesthouse, heated pool, commercial grade lift, a gym, jacuzzi, sauna and an extensive wine cellar.

Ching-Kwan Ma owns Hong Kong’s media empire the Oriental Press Group, with his family establishing Oriental Daily News in 1969.

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