Chinese Government Rumoured to be Behind $7 Million Toorak Mansion Buy

It’s been speculated the home could become anything from a new specialist school, through to the new Consulate General of the People’s Republic of China – but that sensitivities regarding a potential change in use may be delaying settlement.
 
A Consulate representative did not return calls, nor did Mr Sigston, whose name still appears on the property’s title.
 
Kay & Burton selling agents Alex Schiavo and Michael Gibson confirmed negotiations were underway with a potential purchaser, but would not comment on any part of the campaign including buyer, price or when a deal is likely to be finalised.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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