Tech billionaire sets Palm Beach record at $27.5 million | Lucy_Macken
for a Palm Beach weekender, it was regarded as an out-of-line result, the likes of which would not be seen again for some time.The Palm Beach property Beau Site Sur Mer has almost doubled in value since 2018 to now rank as the highest sale on the northern beaches., the former AC/DC guitar technician-turned-founder of software giant WiseTech Global, who has set a new northern beaches benchmark for a rumoured $27.5 million.
It was built by the late property developer Ian Hayson and later owned by hedge fund manager Paul Henry until he sold to the Elsworths in 2018 for $15 million. Records show the Elsworths have traded up the hill to the Karala mansion of Boutique Resorts founder Sioned Rees Thomas.Palm Beach trophy home Karala has been sold for $26.5 million to Frank and Amber Elsworth.Following the paper trail south, Rees Thomas has taken her money to Victoria’s Mornington Peninsula, where she has paid $26 million for a Hamptons-style mansion with a swimming pool, tennis court, soccer field, equestrian facilities, golf simulator and health retreat.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Origin opener shatters all-time viewer streaming recordsStreaming records have been broken after nearly three million viewers tuned in for Wednesday night’s showdown between NSW and Queensland.
Read more »
Plastic waste falls substantially on Australian beachesThe amount of plastic waste on Aussie beaches has gone down by almost a third in the past nine years, research has found. 9News
Read more »
Plastic waste falls substantially on Australian beachesPlastic waste on Australian beaches has gone down by almost a third in the past nine years, research by the CSIRO has found.
Read more »
Campo: Bolters Wallabies must punt on nowNow is the time for Wallabies coach Dave Rennie to pick a couple of bolters, writes David Campese.
Read more »
Sydneysider swoops on Victorian surf coast pubThe Wye Beach Hotel was sold by long-time owners Paul and Tess Brown who said letting go was an “emotional” moment. New owners, identified as the Di Bello family on title documents, run a commercial cleaning business in NSW. They paid about $6 million
Read more »
As war in Ukraine drags on, fears of global food crisis growMillions of tons of grain are piling up inside besieged Ukraine as the war drags on.
Read more »