Cate Blanchett Sells Sydney Mansion For Twice Purchase Price
Three weeks on the market was enough for Cate Blanchett to make a monster profit on her Hunter's Hill mansion.
Buying the house in 2005 for $9.8 million, the Hollywood actress has made a tidy profit, offloading it for a mere $20 million this week.
Blanchett and her family plan on moving to the United States next year, likely prompting the sale.
The house itself easily impresses.
The modern and minimalist style, is situated in the prestigious Hunter's Hill location, with the sale setting a record high for the area.
On a 3642 square metre block with views of the water, its easy to understand the price tag was as large as it was.