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Sydney home of international fugitive Michael Gu sells for $12m

Lucy Macken

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The Mosman home of international fugitive Michael Menghong Gu has sold for $12 million before it was scheduled to go under the hammer on Saturday.

Belle Property Mosman’s Tim Foote had a $9 million guide but the home sold for $3 million more, topping the 2017 purchase price of $10 million when sold by Charter Hall co-founder Andre Biet and his wife Teresa.

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    Original URL: https://www.afr.com/property/residential/sydney-home-of-international-fugitive-michael-gu-sells-for-12m-20201123-p56h12