Celebrity accountant Anthony Bell has made millions after selling the luxury Sydney mansion he bought from Larry Emdur in 2017.
Bell, 52, recently sold the property in the upmarket suburb of Dover Heights for a staggering $21 million, nearly double the $11.5 million she paid for it seven years ago.
The mouthwatering sum he received from the sale breaks the record for the highest amount paid for a property in the wealthy coastal suburb.
The extravagant property sits on 1,000 square meters of land and features exquisite architecture, stunning glass walls and a large outdoor pool.
On Friday, a caveat on the title deed revealed the huge sum Bell received for the 100-foot oceanfront property.
Meanwhile, Bell is rumoured to have purchased a luxury apartment in the nearby suburb of Rose Bay, for $9,657,000, as an investment property, reports Real estate.com.au.
In 2017, Bell reportedly paid a record $11.5 million for the former Emdur home.
The deal was easily the largest to date for a house in the sought-after Sydney seaside suburb, home to many wealthy socialites.
Celebrity accountant Anthony Bell (pictured) has made millions of dollars in profit after selling the luxury Sydney mansion he bought from Larry Emdur in 2017.
Bell, 52, recently sold the mansion in the upmarket suburb of Dover Heights for a staggering $21 million, nearly double the $11.5 million she paid for it seven years ago.
Bell’s purchase surpassed the $9.5 million paid in 2014 for a similar mansion by South African tech investor Kevin Bermeister and his wife Beverley.
Real estate experts called it an offer “too good to refuse,” despite the eight-figure sale price that was eventually revealed through public documents.
Emdur, a good friend of Mr Bell, made a tidy profit of $4.7 million in just six years after purchasing the ocean-view home for $6.8 million in 2011.
He and his wife Sylvie got a drastic change of scenery by moving into a $3 million apartment in The Rocks, built from a heritage-listed former Cadbury factory.
The mouthwatering sum he received from the sale breaks the record for the highest amount paid for a property in the wealthy coastal suburb.
The extravagant property sits on 1,000 square meters of land and features exquisite architecture, stunning glass walls and an outdoor pool.
This isn’t the first time Bell has chosen someone from his group of famous friends when looking to close a real estate deal.
The millionaire financier made a bid for a Bellevue Hill apartment on Emdur’s behalf in June 2017 but was unsuccessful after his bid was outbid when the home sold for around $1 million more than expected.
Bell sold his Bondi Beach bachelor pad for $6 million to cricketer Michael Clarke in 2009.
On Friday, a caveat on the title deed revealed the huge sum Bell received for the 30-metre oceanfront property.
