Australia’s top bosses spend big on $65.6m of trophy homes

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A string of high-profile trophy sales among Australia’s business elite reveal the Sydney prestige is witnessing multiple outliers defying the downturn.

The Hopetoun Avenue property in Vaucluse was guiding $7.5 million before selling pre-auction for $8.5 million.

Selling agent Mr Lavers remarked the property was “one of the last ones due to be substantially renovated in a line of luxury properties” on the coveted avenue. Mr Chen said the local buyer, who purchased the luxury unit as a Sydney base, was drawn to the tower’s integrated resort facilities.“The apartment is a world-class offering with Australian-first access to all the Crown resort facilities, like in-room restaurant meals and massages, as well as the 24/7 concierge service and security measures,” Mr Chen said.of global e-commerce hair extension brand Zala founders, Lauren McLoughlin and Lachlan Gorman, has defied the downturn. It sold for $14.

 

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