SYDNEY: Tech billionaire Scott Farquhar has offered a Sydney waterfront mansion for an Australian record Aus$75 million ($56 million), a file said Monday, after the owners resisted selling the 1863-constructed domestic to developers.
The co-founding father of Australian software massive Atlassian, which floated in the United States in overdue 2015, snapped up the iconic “Elaine” from John Brehmer Fairfax, whose circle of relatives previously owned the Sydney Morning Herald.
The property, which stretches right down to a harbour seaside in Sydney’s prestigious Point Piper, were inside the Fairfax family considering 1891 whilst it turned into sold for 2,one hundred pounds. It features horse stables, a tennis courtroom and a ballroom.
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Fairfax reportedly resisted larger gives from developers to subdivide the land.
“We’re pleased with the acquisition and honoured to take over the Elaine property in its entirety from the Fairfax circle of relatives,” Farquhar, 37, informed Fairfax Media.
“It could were a terrific loss to look this uncommon assets sold to builders and carved up.
“When we heard of the plans, we just couldn’t permit this lovely piece of Australian history be became a improvement website online.”
The charge tag set a document for residential assets in Australia, the Australian Financial Review said.
It topped the preceding Aus$70 million in 2015 whilst tycoon James Packer, who runs global playing empire Crown, sold his Sydney home to Australian-Chinese billionaire businessman Chau Chak Wing. ATHENS: Greek trade unions marked May Day on Monday with a 24-hour nationwide strike and protests against looming new cuts demanded by using the usa’s lenders in return for bailout coins.
Under pressure from its lenders—the European Union, European Central Bank and the International Monetary Fund—the government agreed to undertake every other 3.6 billion euros ($3.Eight billion) in cuts in 2019 and 2020.
Athens conceded sparkling pension and tax wreck cuts in return for permission to spend an equal sum on poverty relief measures.
The co-founding father of Australian software massive Atlassian, which floated in the United States in overdue 2015, snapped up the iconic “Elaine” from John Brehmer Fairfax, whose circle of relatives previously owned the Sydney Morning Herald.
The property, which stretches right down to a harbour seaside in Sydney’s prestigious Point Piper, were inside the Fairfax family considering 1891 whilst it turned into sold for 2,one hundred pounds. It features horse stables, a tennis courtroom and a ballroom.
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Fairfax reportedly resisted larger gives from developers to subdivide the land.
“We’re pleased with the acquisition and honoured to take over the Elaine property in its entirety from the Fairfax circle of relatives,” Farquhar, 37, informed Fairfax Media.
“It could were a terrific loss to look this uncommon assets sold to builders and carved up.
“When we heard of the plans, we just couldn’t permit this lovely piece of Australian history be became a improvement website online.”
The charge tag set a document for residential assets in Australia, the Australian Financial Review said.
It topped the preceding Aus$70 million in 2015 whilst tycoon James Packer, who runs global playing empire Crown, sold his Sydney home to Australian-Chinese billionaire businessman Chau Chak Wing. ATHENS: Greek trade unions marked May Day on Monday with a 24-hour nationwide strike and protests against looming new cuts demanded by using the usa’s lenders in return for bailout coins.
Under pressure from its lenders—the European Union, European Central Bank and the International Monetary Fund—the government agreed to undertake every other 3.6 billion euros ($3.Eight billion) in cuts in 2019 and 2020.
Athens conceded sparkling pension and tax wreck cuts in return for permission to spend an equal sum on poverty relief measures.
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