Indulgence magazine owner Linge Dai has listed his harbourfront mansion in Rose Bay for $59 million, only months after purchasing the Bruce Stafford-designed residence that set a suburb record earlier this year.
Harbourfront Mansion Back on the Market
The four-level residence at 12 Dumaresq Road, Rose Bay, designed by Bruce Stafford, has been relisted with a price guide of $59 million through Monika Tu and Jad Khattar of Black Diamondz Property Concierge.
Dai purchased the home in February 2025 from Frank Qiang Geng and Juanjuan Zhao for about $56.4 million, setting a new benchmark for the suburb at the time. The sale marked one of Sydney’s highest-value residential transactions for the year.
Occupying an 806-square-metre site, the property offers direct gated access to Dumaresq Reserve and a tidal beach, placing it among Rose Bay’s most exclusive harbourfront holdings.
Architectural and Design Features
The mansion’s contemporary design showcases 180-degree views of Sydney Harbour, the Harbour Bridge, and the city skyline. It includes five bedrooms, six bathrooms, and a lift to all levels, accommodating large families and guests with privacy.
Interiors feature glass-wrapped living areas, a professional-grade kitchen, home theatre, custom office, and a full-floor entertainment zone with billiards facilities. Outdoor amenities include sun-drenched terraces, landscaped gardens, a pool, spa, and sauna, making it one of the area’s most complete lifestyle properties.
Background and Reason for Sale
The property was previously owned by Frank Qiang Geng and Juanjuan Zhao, who sold it to Dai earlier this year. Reports state that Dai and his family are relocating after their child’s tennis success, having purchased another residence with a private tennis court.
Owner Profile
Dai oversees Ximi Media, which acquired Indulgence magazine in 2021. The quarterly publication caters to high-net-worth Chinese Australians and tourists, covering topics related to luxury, style, and culture.
The relisting of the property underscores the strength of Sydney’s prestige property market, with Rose Bay remaining a key location for high-end buyers seeking architectural homes with harbour access.
Market Context
The home’s relisting marks one of Sydney’s highest-value sales of 2025, reinforcing Rose Bay’s reputation as a premium harbourside enclave.
Published 22-Oct-2025
