Tech billionaire Scott Farquhar sells Point Piper’s Elaine estate for about $130m

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Tech billionaire Scott Farquhar sells Point Piper’s Elaine estate for about $130m
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The former Atlassian co-chief executive has again clocked up one of the highest house price sales in the country.

Tech billionaire Scott Farquhar has again clocked up one of the highest house price sales in the country, this week selling his beachfront estate in Point Piper for roughly $130 million.

Cannon-Brookes owns the beachfront residence next door, Fairwater, which he bought from the estate of the late Lady Mary Fairfax, with an estimated worth of $22.88 billion. No mortgage was ever lodged for Elaine’s title during Farquhar’s ownership.The most expensive residential deal is a $140 million apartment atop Lendlease’s Residences One tower at Barangaroo, but that is a consolidation of two apartments, the penthouse and sub-penthouse. It is yet to settle.

“When we bought the property in 2017 we were determined to do everything we could to keep it as one site,”

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