Seven Network exec Bruce McWilliam sells Point Piper waterfront for about $33m

42A Wolseley Road, Point Piper, had a price guide of $32m to $35m.

Seven Network commercial director Bruce McWilliam has sold his Point Piper waterfront investment property for about $33m after less than three weeks on the market.

The five-bedroom, five bathroom residence with two-car garage and infinity pool at 42A Wolseley Road was one of McWilliam’s many investment properties, purchased for $10.65m in 2013.

It was listed with McWilliam’s friend, Brad Pillinger of Pillinger — who just days before its February 12 listing, had promptly sold another of his investment properties — a Spanish Mission home in Victoria Bellevue Hill, for way above its $8.5m price guide.

The guide for the waterfront had been $32m-$35m. Independent sources said they believed it had sold for about $33m.

It was on realestate.com.au for just six days. It’s known that buyers were looking at the property at the weekend.

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The infinity pool has spectacular views.

It has its own sandy beach.

In 2013, McWilliam had bought the mansion for half price the original asking price after a $20m sale four years earlier to finance broker Adam Tilley fell through.

The property had been at the centre of a loan row between Tilley and convicted murderer Ron Medich. The businessman Michael McGurk, later murdered, had firebombed the entrance.

But just recently, the four-level residence has been dramatically transformed into a “waterfront masterpiece” by the acclaimed design firm Blainey North + Associates.

There are even steps leading down to a sandy beach.

What a kitchen.

Wow.

At the time of the listing Pillinger told the Wentworth Courier: “42A Wolseley is a Point Piper waterfront with direct Bridge views seeking $32-$35m.

“That won’t happen again as pricing, particularly at the upper echelon level, will continue to grow.”

The due-west north-facing property captures uninterrupted harbour, Bridge and city skyline views.

The living areas open to wide colonnaded terraces.

Thanks to its lavish renovation, there’s now an internal lift and a host of beautiful finishes.

It comes with a whole-floor master suite, sophisticated marble kitchen, expansive living and dining areas, a family room and a large rumpus room.

Stylish interiors.

The home is on a battleaxe block.

To top it all off, there are also poolside decks around the infinity pool and a lawn facing the waterfront where you can enjoy the tremendous views.

In a recent exclusive interview with the Courier regarding the listing of his Victoria Road investment property, McWilliam said: “Sometimes you have to refresh the portfolio.”

McWilliam and wife Nicky reside in a six-bedroom Edwardian waterfront mansion in Wunulla Road — bought for $29.5m in 2014.

Separate sources estimate McWilliam owns about $200m worth of residential and commercial property.

The Edwardian mansion has its own 30-metre long private beach and a harbourside lap pool.

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