From RATs to riches: COVID-19 test importers buy $16.5 million house

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From RATs to riches: COVID-19 test importers buy $16.5 million house
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A riverfront property that is Perth’s most expensive home to sell this year will be demolished, after being purchased by the country’s first RAT importers.

After more than five years on and off the market, a riverfront Georgian-inspired palace on Perth’s Millionaire’s Row has become Western Australia’s most expensive property sale this financial year.

This home on one of the best streets in Australia will be demolished after it was purchased for $16.5 million last month.The 1973 five-bedroom, five-bathroom home on it was previously owned by Tzu Chao Pan and Beng Choo Lim who purchased it in 1998 for $3.7 million. AM Diagnostics supplies medical and diagnostic products including drug testing kits to allied health, corporate and government.It was one of three companies the state government procured millions of RATs from to deliver free to households.Advertisement

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