Blanchettupton hunters hill mansion expected to have broken suburb record

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pstrongAUSTRALIAN Hollywood star Cate Blanchett and her playwright husband Andrew Upton have sold their Sydney waterside mansion for the second time in under two years, after the first buyer defaulted./strong/ppThe Hunters Hill trophy home, titled Bulwarra, was sold for a reported $19.8 million in August 2015 to a Chinese buyer, who later defaulted due to a crackdown on capital outflows by the Chinese government, forcing the property back onto the market./ppThe new selling price has been withheld but selling agent Ken Jacobs, of Christies International Real Estate Double Bay, confirmed to that the six-bedroom home on the water was sold last week./ppDescribed as one of Sydneys finest heritage homes, the sandstone manor was originally built in 1877. It features a heated pool with water views and pool pavilion, a tennis court, trampoline platform, guesthouse and direct river access./ understands it attracted heated competition and was eventually sold to a local buyer./ppBlanchett is currently abroad in New York, having made her Broadway debut in the Sydney Theatre Companys span id="U621504851006KwG" style="font-this site:italic;"The Present. /span/pp id="U621504851006njB" style="font-this site:normal;"If the home sold again for around the $20 million mark, it would have again broken a suburb record in the upper-class lower north shore suburb. When it sold in 2015 for $19.8 million it was 60 per cent higher than the previous suburb record of $12.85 million./pp id="U6215048510060yF" style="font-this site:normal;"Blanchett and Upton purchased the 3642sq m estate for $10 million in 2005 from merchant banker Jim Dominguez and his wife Suzanne./pp id="U621504851006x0B" style="font-this site:normal;"The family have since moved to Britain, purchasing a historic English manor, Highwell House, in East Sussex for $6.25 million./p