Australia’s most expensive boat shed gets a Murdoch makeover | Lucy_Macken
A European vacation didn’t stop Denis Savill buying a pad for his daughter.Australia’s most expensive boat shed, the one in Point Piper purchased by Lachlan and Sarah Murdoch last year for $38.5 million, is set for a makeover.
And while the Murdoch’s newly acquired, 43-metre yacht, Istros, is too large for the Point Piper berth, there is room for the tender, and the residential quarters above the boat shed would make ideal accommodation for a crew.The Murdochs are not the first Bellevue Hill-based trophy home owners to use the property as their private waterfront playground.
The north-facing sandy foreshore was already a prized stretch of local real estate before rich-list garbo Ian Malouf paid $61 million for two neighbouring houses last year. Fellow beachfront owners include a cast of names from the rich list, such as the Lowys, the Roche Nutrimetics family and techie Mike Cannon-Brookes.Still with our Europe-based buyers, art dealer Denis Savill was in London recently when he snapped up a $3.6 million spread in Woollahra over the phone.
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