Daily Real Estate丨Sydney penthouse, which Zhang Zetian lost money, will be listed again and marketed in Hong Kong
Liu is ranked 11th on China's Forbes Rich List, worth US$74 billion, and Zhang caused a sensation on the Internet because a photo of holding milk tea went viral on the Internet and was called the "milk tea sister". They had already rented a mansion in Vaucluse. This mansion, Leonardo DiCaprio, was also rented during the filming of The Great Gatsby.
In the incident, Mr. Liu did not face any charges of wrongdoing, but Mr. Xu was convicted of seven counts, including molestation, and was sentenced to 4 years in prison.
When the case was transferred to the District Court, Miss Zhang had already put the four-bedroom apartment in charge of the interior design by Thomas Hamel on the market. The initial price was expected to be A$1800 million, but last year it was expected to fall to A$1500 million.
The house was eventually sold for A$1350 million. The buyer was a company under the names of Nadia and Ramy Arnaout. They are members of the Arnaout family, which is the owner of the hotel industry giant Iris Capital.
In just 11 months, Arnaout planned to sell the apartment. From next week, Ben Stewart and Rob Alfeldi of CB Richard Ellis will recommend 9 penthouses in Sydney, Melbourne and Brisbane to Hong Kong buyers. They call it the "Penthouse Series" and this apartment is its One.
Ms. Zhang is not the only high-profile buyer in China who has lost money because of the Sydney mansion.