Sydney Beachfront Home Sells for A$29m, Nearly Quadrupling 2014 Price

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A beachfront house in Mona Vale, Sydney, has sold for A$29 million in a private transaction, setting a new record for the suburb. The property was previously owned by the chief executive of McDonald's Australia. It had been purchased in 2014 for A$7.65 million. The sale was handled discreetly, without any public marketing campaign. The prior Mona Vale record stood at A$13.5 million, set in October 2025.

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