Advertisements
Jina Chen and Alex Wu reportedly paid more than $ 16.5 million for this house in Lavender Bay, a record price for the suburb

The real estate portfolio of multivitamin millionaires: how rich list couples have broken some of Australia's most stunning homes

  • Sale of luxury home records on three levels for the exclusive suburb of Lavender Bay, a suburb of Sydney
  • Vitamins and supplements moguls Jina Chen and husband Alex Wu brought home for a reported $ 16.5 million
  • Last addition to the property portfolio of the founders of Nature & # 39; s Care, as the couple remains on the rich list of AFR
  • New home has six bedrooms and bathrooms, top floor retreat, commercial kitchen and gas heated pool
Advertisements

Advertisement

Rich list of vitamins and supplements moguls Jina Chen and her husband Alex Wu have broken a record for the north coast of Sydney with the latest addition to their property portfolio.

The founders of The Nature & # 39; s Way will soon call Lavender Bay home after refurbishing a stunningly luxurious six-bedroom home that has been on the market for only three weeks.

The price remains unknown by Belle Property Mosman, but sources say it was over $ 16.5 million, breaking the suburb record of $ 16.28 million in 2017, Domain reported.

Advertisements

It is the fifth double digit sale for the exclusive suburb in two years.

Jina Chen and Alex Wu reportedly paid more than $ 16.5 million for this house in Lavender Bay, a record price for the suburb

Jina Chen and Alex Wu reportedly paid more than $ 16.5 million for this house in Lavender Bay, a record price for the suburb

The luxury home with spectacular views was a block of units in the 1930s before it was purchased in 2008 by interior designer and starting investor Christina Wood and her husband Chris Bedingfield for $ 5.3 million.

The couple transformed the property into a single house, now considered one of the best residences in Sydney.

& # 39; The main house is downright a master class in style and sophistication, with multiple formal / informal living spaces, large bedrooms and stately grounds, completely surrounded by panoramic views of Sydney Harbor, the property description states.

& # 39; This incredible family home sets a new standard in ultra-luxury, international living. & # 39;

Features include a gas-heated buried swimming pool (photo), separate staff accommodation, internal lift and underfloor heating
Advertisements

Features include a gas-heated buried swimming pool (photo), separate staff accommodation, internal lift and underfloor heating

Features include a gas-heated buried swimming pool (photo), separate staff accommodation, internal lift and underfloor heating

An adult retreat covers the entire third top floor, complete with a balcony and a breathtaking panoramic view, a balcony, while the other five bedrooms have hotel size, each with their own dressing room and ensuite.

The kitchen of commercial quality is the dream of every cook with two Miele dishwashers, two fridges with French doors and equipment with double oven / teppanyaki grill / steamer / wok burner / gas hobs.

Other stunning inclusions include a buried gas-heated swimming pool, separate staff accommodation, an internal elevator, underfloor heating, reverse cycle air, and video security.

Advertisements

The house will settle later this year on a company name owned by Mrs. Chen and Mr. Wu.

Even the fully equipped commercial kitchen with the latest appliances has a beautiful panoramic view of Sydney Harbor

Even the fully equipped commercial kitchen with the latest appliances has a beautiful panoramic view of Sydney Harbor

Even the fully equipped commercial kitchen with the latest appliances has a beautiful panoramic view of Sydney Harbor

The luxury home has six bedrooms and bathrooms, including a master retreat that covers the entire top floor

The luxury home has six bedrooms and bathrooms, including a master retreat that covers the entire top floor

The luxury home has six bedrooms and bathrooms, including a master retreat that covers the entire top floor

Advertisements

The couple spent the last four years on Sydney's northern beaches after purchasing an eight-bedroom townhouse in Ingleside in 2015 for $ 7.7 million.

They also purchased 322 hectares of historic Rockview, the largest pasture area in Hunter Valley, for $ 5 million last year.

Mrs. Chen and her husband founded Nature & Care in 1990 after she began researching natural Chinese remedies to help cure her father's persistent cough.

It has grown from a small local company to a multinational company that distributes to the US, Canada, China, Taiwan, Japan, Korea, Hong Kong and Thailand.

The Taiwan-born couple sold a majority stake last year to Beijing-based private equity fund JIC Investments and Tamar Alliance Fund for $ 360 million.

Advertisements

The deal saw the pair place on the Rich List of this year's Australian Financial Review, ranked 128th with an estimated $ 758 million.

The founders of Nature & # 39; s Care also purchased Rockview grazing property in the Hunter Valley & # 39; s last year for $ 5 million

The founders of Nature & # 39; s Care also purchased Rockview grazing property in the Hunter Valley & # 39; s last year for $ 5 million

The founders of Nature & # 39; s Care also purchased Rockview grazing property in the Hunter Valley & # 39; s last year for $ 5 million

. (TagsToTranslate) Dailymail (t) news