Charlotte Foster
Money & Banking

Ray Martin cashes in after selling luxury Sydney home

Ray Martin has made a whopping $7.1 million after selling the family home he has owned on Sydney's north shore for thirty-five years.

The veteran journalist sold the five-bedroom, three-bathroom mansion in the suburb of Waverton for a reported $8 million, after Martin and his wife Dianne bought the luxurious 1930s-era house in 1990 for $900,000.

The beautiful home, known as Finisterre, sold for between $8 million and $8.5 million after being listed on January 1st, according to reports from The Daily Telegraph.

Located just 5km from the Sydney CBD, the gorgeous two-storey home features classic period stylings and luxurious interiors.

The stunning home boasts impressive features such as grand scale living areas, a beautiful patio for entertaining and a glass-framed mosaic-tiled pool, while a chef's kitchen features the latest appliances and a breakfast island.

Other highlights include a 'formal' living room, a separate family room, a home office and an open-plan dining area that opens out to the backyard and patio.

The upper level offers a large open terrace which features views of Sydney Harbour and the city skyline.

Other luxury features on the estate also include a wine cellar, a second-floor study and landscaped gardens.

Image credits: SBS / McGrath Real Estate 

Tags:
money & banking, real estate, Ray Martin, house