Mosman’s $50m buyer sells his former home for $17m

33 The Grove, Mosman, which has views to Balmoral, has sold for close to its $17m guide. The gold businessman who paid $50m for Mosman’s most expensive house has sold his former home for close to its latest guide of $17m. Pallion Group CEO Andrew Cochineas and his wife Lisette had bought 3 Kirkoswald Ave for the record-breaking price last October via Michael Coombs of Atlas, before listing 33 The Grove with him in February. They’d bought the original home on that 600sqm block with north-easterly apect and views to Balmoral for $3.25m in 2006 and commissioned a grand reno and extension, with renowned designer Cameron Kimber doing a fitout with all the glamour of the south of France. MORE: AC/DC widow splashes $30m on two more units The Cochineas’ did a major reno and extension. The home has a heated pool. Although they’ve had to lower their original expectations in the $19m-$20m range at the start of the year, Coombs and his colleague Oscar Hendensjoe have worked their magic to lock in a solid deal in the substantially changed market. Still, the buyer has done well too, securing a top-notch home with heated pool and lavish finishes, such as natural Brazilian quartz in the kitchen an...