It was origionally on the market at $80 million, but sold for $57.5 which is over 25% discount. Is that top end confidence?
I watched the place being built only a few years ago and I don't think the owner has spent much time there. It would be too much like a large empty hotel for me. Saying that the view is fantastic and I would have quite happily lived in the boat shed.
Maybe it will be like "Prix d'Amour and be bulldozed to create blocks?