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Tech entrepreneur Robin Khuda has been one of the most prized shoppers in Mosman’s high-end market since the COVID-19 pandemic hit Sydney’s shores more than a year ago, snapping up a few investment properties for more than $10 million each, but never quite finding his forever home among the many trophy residences he has inspected.
Until now.
The founder of AirTrunk has bought a Federation mansion on Balmoral Avenue on a vast 1449-square-metre double block with a swimming pool for close to $20 million, and has plans to redevelop the north-facing parcel into his new home.
The Mosman house sold for $20 million last traded in 1978 for $175,000.
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Hong Kong arts patron Yang Yang has sold her mansion in the exclusive Sydney suburb of Vaucluse just five months after it was listed for $38 million, making it the highest house sale outside Point Piper this year.
It comes a decade after she bought it for $21.5 million, which was the highest-priced house sale in 2011.
Christie’s International’s Ken Jacobs, who had listed it with Darren Curtis, declined to reveal the sale price, but sources say it sold for more than $35 million late on Wednesday night after negotiations with multiple parties.
The eight-bedroom, eight-bathroom house includes Paul Bangay-designed gardens.
Techie buys $7m Byron Bay retreat in $100m spree
AirTrunk founder Robin Khudaâs latest purchase in NSWâs hottest property market follows his recent high-end acquisitions in Mosman, Palm Beach and Manly Beach.
The Lennox Head estate settled in the name of Robin Khudaâs investment company for $7 million.Â
Lucy Macken
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Tech entrepreneur Robin Khuda has shown a penchant for Mosman, Palm Beach, eastern suburbs and even Manly Beach real estate since the pandemic struck, so it should be no surprise to see his property portfolio has extended beyond Sydney to include the stateâs hottest property market, Byron Bay.
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Sydney’s booming housing market has lured Labor leader Anthony “Albo” Albanese and former NSW deputy premier Carmel Tebbutt to the market, listing their Marrickville investment property for $2.1 million.
At that level, the August 7 auction is hoped to roughly double the $1.115 million the long-time darlings of Labor’s left paid for it in 2012.
The 1930s-era bungalow on a corner block of 300 square metres across the road from Marrickville Golf Club in Sydney’s inner west was already renovated when the couple bought it, although there have been more recent improvements internally.
Anthony Albanese.
Alex Ellinghausen
The three-bedroom house hit the market on Tuesday through The Agency’s Shad Hassen, who said the house was listed after the tenants recently moved out.