Lendlease CEO sells $13m Elizabeth Bay mansion

The Australian Financial Review
03-21

Good things come to those who wait – at least that has been the case for Lendlease CEO Tony Lombardo and his wife, lawyer May Chen, who have just sold their Elizabeth Bay mansion in Sydney’s eastern suburbs for $13 million.

The sale of the circa 1892-built mansion concludes a seven-month campaign to sell what is considered one of the suburb’s best residences. The home, called Keadue, first joined the market in August last year with a price guide of $11.5 million. The sold sticker has now gone up on the arts and craft-style mansion for that amount – and then some.

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