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Bitcoin entrepreneur Kain Warwick is proving to be one of the best buyers in Sydney’s beachside eastern suburbs since the cryptocurrency boom, securing luxury houses from North Bondi to Tamarama and now Bronte for a total of $33.25 million.
The most recent purchase by the 40-year-old founder of derivatives trading platform Synthetix is the Bronte home of online gambling website founder Joshua Chan for $12.2 million – rumoured to be a home for his parents, Allana and Kim Warwick, the latter of whom is the renowned tennis legend and six-time grand slam champion.
Warwick’s purchase in a company name he owns with his wife Raphaella almost triples the $4.55 million Chan paid for the house in 2012 and was well above the $9.5 million guide offered by Raine & Horne’s Ric Serrao and PPD’s Alexander Phillips.
Twin scandals for real estate agency On the day sexual harassment allegations were exposed at a Ray White outlet, the agency found itself in new drama after a staffer was targeted on social media.
Business by Annette Sharp
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Subscriber only On the day it emerged a Ray White Double Bay real estate agent had been stood down in connection with a sexual harassment allegation, the agency has found itself embroiled in new drama after an office assistant was shamed on social media - by her husband. On Wednesday, the day the sexual harassment allegations were exposed, an executive assistant at the agency, Sachi Wootton, was targeted in a bitter personal attack on Facebook.
Two couples swapped their lavish Sydney houses in a deal that stunned an award-winning real estate agent.
Rafael and Danielle Sperber were hunting for a new home in the city s exclusive eastern suburbs and sought the help of Ray White Double Bay s Warren Ginsberg.
Mr Ginsberg, the ex-boyfriend of Australian actress Jodi Gordon, took the couple to a 700sqm block on 309 Military Road in Vaucluse, Wentworth Courier reported.
They were in awe of the four-bedroom home that came along with a large garden, ocean views and a swimming pool and decided to sell their semi in North Bondi.
Two couples swapped their lavish Sydney houses in a deal that stunned an award-winning real estate agent. Ray White Double Bay s Warren Ginsberg (centre) is pictured with Rafael (second from left) and Danielle Sperber (second from right) and Jeffrey (left) and Ilana Akres (right)
Multimillionaire millennial William Wu went on $50million property buying spree in the space of one year
Bought a luxury six-bedroom $11.08million home in Bellevue Hill in Sydney s affluent east in February 2020
In March, his business interests spent $20million on a 1920s Vaucluse manor - double its 2015 selling price
Wu is a director of Sydney-based property developer Mayrin Group while his mother Jing Wang runs the firm
Lucy Macken
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William Wenhao Wu is only 28 but that hasnât stopped him from snapping up more than $50 million of real estate in the past 12 months, all of it in Sydneyâs well-heeled eastern suburbs.
Probably helping to fund it all is his mother, Jing Wang, who heads up Chinese-backed property developer Mayrin Group, of which Mr Wu has been a director since he entered the workforce six years ago.
The Bellevue Hill residence William Wu bought a year ago for $11.08 million is set to return to the market after a lavish renovation. Â
William Wu.Â
And if his motherâs property acquisitions are added to the family portfolio, the total real estate spend of recent years is almost $100 million.