Tech billionaire Mike Cannon-Brookes has continued his monumental property splurge of last year, buying the house next door to his $100 million Point Piper estate. The Atlassian co-founder and co-chief's latest acquisition is a $12 million house that backs onto Cannon-Brookes' 1.1-hectare Fairwater property. Tech billionaire Mike Cannon-Brookes and his wife Annie have bought Australia's most expensive house, Fairwater, ending more than a century of Fairfax family ownership.
Atlassian's Mike CannonBrookes buys Australia's most expensive home Business Insider
It smashed the previous record house price paid by fellow Atlassian co-founder Mike Cannon-Brookes, who snapped up an estate known as Fairwater for $100m in 2018. The $130m Point Piper mansion, constructed in the style of a Scottish baronial castle in the early 1900s, is the most recent addition to the tech entrepreneurs' vast property portfolios. The morning after tech billionaire Mike Cannon-Brookes agreed to pay about $100 million for the Point Piper estate Fairwater, he and his wife Annie splurged on another house, this time for a comparatively measly $17 million in Double Bay. The property empire of tech billionaire Mike Cannon-Brookes had already become the stuff of legend among Sydney property watchers by the time he amassed a portfolio of more than $240 million. The land title of the $100 million Double Bay harbourfront mansion sold to tech billionaire Mike Cannon-Brookes and his wife Annie last September has now been mortgaged. Why Olivia-Newton John has asked her friend to sell her Aussie home. Mike Cannon-Brookes, co-founder and co-CEO of global software company Atlassian at their offices in Sydney.
Mike CannonBrookes secures mortgage on 100 million Fairwater mansion
Software billionaire Mike Cannon-Brookes and his wife Annie have secured Australia's most expensive property, the late Lady Mary Fairfax's Sydney Harbour estate, Fairwater. The sale will see the Cannon-Brookes move in next door to best friend and fellow Atlassian co-founder Scott Farquhar who purchased the neighbouring "Elaine" estate for $71 million last year. Billionaire Mike Cannon-Brookes adds to Sydney property portfolio, now $240 million-plus Property Residential Luxury property Print article Inside Mike Cannon-Brookes' $240m+ property. Tech billionaire Mike Cannon-Brookes has set an Australian house price record after splurging almost $100 million.. was until yesterday Australia's most expensive house when it sold last year. Tech money like Atlassian co-founder + CEO Mike Cannon-Brookes, on the other hand, will snap up a $13 million house in NSW's Southern Highlands two months after a $25 million shopping spree for luxury weekenders in Newport and Pittwater's Scotland Island… which all make up an ever-growing property portfolio last valued at $290 million in total.
Billionaire Mike CannonBrookes buys Centennial Park mansion
Billionaire Atlassian co-founder Mike Cannon-Brookes and his wife, Annie love their trophy homes. They have emerged as the buyer of the Newport waterfront home of Jennifer Hawkins and Jake Wall. It sold for $24.5 million in June, with the mystery until this week's settlement on the buyer's identity. Australia's most expensive home Less than a month after it hit the market, Australia's most expensive house has been snapped up by tech billionaire Mike Cannon-Brookes and his wife Anna, ending more than a century of Fairfax family ownership.
But if the prestige property market is anything to go by, the reigning royals in Sydney's exclusive harbourside suburbs are Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar. Tech billionaire Mike Cannon-Brookes and his wife Annie already have arguably the country's largest collection of private homes and yet the stockpile of luxury property grows. Sources say they have purchased one of the most prominent properties in the Southern Highlands, Wattle Ridge, for about $13 million.
Mike CannonBrookes paid 17m for Double Bay house day after he bought 100m Fairwater estate
The Bowral house, known as That House on the Hill, sold for $5.8 million. Cannon-Brookes isn't the only billionaire boosting prices in the Southern Highlands. Australia's most expensive house sale is the $100 million Point Piper estate Fairwater, sold in 2018 by the Fairfax family to Atlassian co-founder Mike Cannon-Brookes. (Supplied)