PHOTO:  Potts Point trophy home Bomera

The historic Potts Point trophy home Bomera has sold for almost $35 million amid widespread rumours the buyer behind the transaction is billionaire “man of steel” Sanjeev Gupta.

The colonial residence is expected to become the Sydney home of Gupta and his English-born wife Nicola later this year, replacing the Bellevue Hill estate Barford they have leased for a reported $30,000 a week in recent years.

The sale is an impressive windfall for Leanne Catelan, daughter of the late property data entrepreneur Ray Catelan, who bought it in 2013 for $12.5 million, a fraction of her selling price.

The exact result of the 1856-built mansion remains undisclosed but a sales campaign was launched in March with Bill Malouf, of LJ Hooker Double Bay, after an off-market offer of $32 million was rejected last year.

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