The purchase of the luxury acreage by Gareth Hales two years ago “shocked the flock” for its opulence. Lucky for them, it had no mortgage.
Sydney Olympic Football Club president Damon Hanlin has paid $10.1 million in One Sydney Harbour.The leading family behind the fundamentalist Exclusive Brethren sect were always going to struggle to make a profit on the sale of their luxury Dural weekender given they purchased it for what local agents say was a top price of $9.5 million in 2022.
Brush listed it six weeks ago with a guide of $9 million to $9.5 million, and local agents anticipate it sold for less than that. Settlement will reveal the exact result.According to former members of the sect, now known as the Plymouth Brethren Christian Church, Hales’s purchase of the two-hectare estatebecause its leadership used to espouse a doctrine of a simple and somewhat humble life, rather than a portfolio of statement homes and trophy estates.
The Renzo Piano-designed skyscraper One Sydney Harbour is welcoming its first residents, of which four of them have secured whole floors., a director of Chinese smartphone Oppo’s Australian distributor OMC Electronics, who has purchased three apartments that make up the whole 65th floor for a total of $39.2 million.
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