The son of a wealthy German pharmaceutical investor is now the proud new owner of the most expensive home on Sydney ‘s North Shore.
Florian Struengmann, 35, has snapped up the $33million five-bedroom mansion in Mosman, smashing the area’s previous property records.
The home sits on a 1,200sqm block of land and boasts panoramic views of the water, a 13metre heated pool and spa, gymnasium and a specially-designed ‘man cave’.
Mr Struengmann’s father Andreas and uncle Thomas founded German generic drugmaker Hexal in 1986 before selling it and a share in Eon Labs for more than $9billion.
Their stake in Germany’s BioNTech has also added $10.7billion each to their names through the sale of the Pfizer Covid vaccine. Mr Struengmann will take the title of owning the first home in Mosman sold for more than $30million, after the previous owners Trevor and Marjorie Conway put it on the market, having paid just $12.3 million for the house in 2015, the Sydney Morning Herald reported.
Mr Conway is the director for Tradition, one of the world’s top interdealer brokers.
Every bedroom in the three-storey property has its own ensuite and walk-in wardrobe, while there are also four living rooms. A long stretch of grass in the backyard also makes it the perfect entertainer’s home.
Marble floors are seen throughout the home, with both levels having access to views of the ocean.
A two-car garage, wine cellar and home office are other notable features of the Mosman mansion.
The house was listed with Simeon Partners a month ago with a $30million price guide.
Mosman’s second most expensive home was sold in 2018 for $25million to Sydney Swans chairman Andrew Pridham.
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