Boot baron Mark Cloros drops price expectations on resort-style home in Sydney

·

A descendant of the Redback Boot company, Mark Cloros has dropped the price on his million-dollar Palm Beach home in Sydney.

His home, located on Iluka Road in Palm Beach, was initially on the market for $20 million, however Mr Cloros is now seeking $18 million.

After being bought in 2021 from furniture retailer, Anthony Scali for $11 million, the 1940s property was extensively renovated by Mr Cloros.

Mark Cloros bought the property in 2021 from furniture retailer, Anthony Scali for $11 million.

The resort style home is a four-bedroom, three-bathroom home, set on 563 square metres.

Mr Cloros, the fourth-generation boot maker, has now got the property scheduled for auction on Thursday, February 22.

Following the auction, Mr Cloros plans to travel to the Mediterranean and spend some time on the island of Kastellorizo, where his family is from but where he has never been before.

Mark-Cloros
Mark Cloros is a fourth-generation boot maker. Photo: Microsoft.

Source: The Australian.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Fresco of Helen of Troy uncovered at Pompeii

Nearly 2,000 years since it was buried by volcanic rubble, the lost city of Pompeii is yielding even more impressive discoveries. According to msn.com, archeologists...

New casual Greek restaurant brings meze and cocktails to Adelaide’s CBD

Andrew Papadakis, the visionary who founded and successfully sold Meze Mazi, returns to the vibrant Adelaide restaurant scene with his newest venture, Dino’s. According to...

Two Greek women included in ’30 Under 30′ Forbes list

In this year's European Forbes "30 Under 30" list, two exceptional Greek women have managed to stand out for their successful paths in two...

2,300-year-old tomb unearthed in Greece

A tomb in the ancient Macedonian city of Aegae in modern Vergina, Greece, has been unearthed according to an All That’s Interesting report. The tomb is believed...

Yorgos Lanthimos’ new movie ‘Kinds of Kindness’ included in Cannes lineup

New films from Yorgos Lanthimos, Andrea Arnold and Francis Ford Coppola, as well as a portrait of 1980s Donald Trump, will compete for the...

You May Also Like

Greek energy group Mytilineos joins forces with Australia’s NBN

A 10-year deal has been announced between Australian broadband wholesaler NBN and Greek industrial group Mytilineos. As part of this arrangement, the Australian wholesaler will...

Nick Kyrgios comes out on top in ‘Special Ks’ clash at the US Open

Nick Kyrgios has defeated his doubles partner, Thanasi Kokkinakis, in the first round of the US Open 6-3 6-4 7-6(4). Kyrgios raced through the first...

Turkey violates Greek airspace as Foreign Minister Dendias meets with Turkey’s Ambassador

Turkish fighter jets flew over two Greeks islands and violated Greek airspace on Wednesday, while on the ground, Greek Foreign Minister, Nikos Dendias, was...