The three-level residence was built in 2004 and comes with access down to the rocks on the water’s edge.

The three-level residence was built in 2004 and comes with access down to the rocks on the water’s edge.

Hotait declined to reveal the buyer,saying only that he is moving from the harbourside suburbs and plans to renovate the property.

The five-bedroom,four-bathroom residence with a 12-car garage,an internal lift,cellar,billiards room,spa,sauna and an infinity pool was built by master builder Anthony Vassiliou and his wife Despina.

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The couple purchased it in 2001 for $3.07 million,and completed the house in 2004.

The house was built by Despina and Anthony Vassiliou.

The house was built by Despina and Anthony Vassiliou.

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It was listed with Hotait and Sotheby’s Michael Pallier in June 2021 with no price range,but expectations in the “high teens”.

The sale shows how the trophy home market is in large part immune to the broader market downturn impacting large swathes of Sydney given Domain figures that show the median house price in Maroubra fell 8.1 per cent last year.

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