Bain & Company senior partner Chris Harrop and his wife have bought Rob Rankin’s Woollahra property that he rented out to celebrities including Elton John.
Mike Messara took just two weeks to sell his property in the prestigious Sydney suburb, scoring a capital gain of more than $3 million in just 16 months.
Jack Wu and family will know that with commercial property, traditionally the rental yield is about double that of residential investments of a similar worth.
Katie and Daniel Adamo’s Clifton Gardens house has sold for more than $18.5 million, making a capital gain of more than $4 million in the 17 months they had it.