PHOTO: Stephen and Melissa Burcher have bought a Woollahra mansion for more than $15 million.

Property baron Stephen Burcher has bought back into Sydney’s eastern suburbs prestige market, paying more than $15 million for a grand Tuscan-inspired mansion in Woollahra.

Burcher has been a key player in the few high-end transactions recorded this year, scoring more than $23.5 million for his Rose Bay home after three days of post-auction negotiations through Ben Collier, of The Agency.

The head of Burcher Property Group and his wife Melissa had made no secret of their desire to move to Woollahra, but the off-market nature of the deal meant few were expecting it to be the four-level home of Tim Hordern, chief investment manager at Kaos Holdings, and his wife Victoria.