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Sydney luxury property sales: Options trader Toby Allen buys himself a $13 million-plus Palm Beach house for his 36th birthday


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Toby Allen, a former bitcoin trader and current head of trading for APAC at global options trading company Akuna Capital, turned 36 last week – and what better present to buy himself than the Palm Beach getaway of retired coal miner Trevor Bailey?
There were gag orders preventing Sasha de Bilde, of Pittwater Property, revealing the sale price, but sources say Allen paid about $13.5 million, which is a little more than the $13 million it passed in for at last month’s auction.
The sale price didn’t quite reach the $14.95 million original hopes this year, but is almost double the $7 million it last traded for in 2013 when sold by opal exporters Lyn and Tom van Brugge. ....

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