He did it again. Less than five months after spending $13 million to secure a prized country estate in the Southern Highlands, tech bro supremo Mike Cannon Brookes added another bauble to his real estate empire.
And this time, he broadens his horizons. Or its geographical reach, to be precise.
The Atlassian founder has quietly bought a sprawling six-bedroom sandstone home at Coasters Retreat on Pittwater, Sydney’s northern beaches. Located next to The Basin, one of Sydney’s most popular family campsites, the property is only accessible by boat. There are also no roads, making it necessary to carry all the materials home using pushchairs and carts. A very old world indeed for a billionaire who made his fortune by meeting the future needs of the software set.
Cannon-Brookes paid $4.65 million for the home in a deal signed Jan. 28. Former owners, including boat rental boss Paul Keogh and Mary Helena Di Mattina, have owned the house since 2014.
And that’s a bunch. The three-story home with expansive wrap-around balcony sits at the end of the hamlet with views across Pittwater to Palm Beach, Barrenjoey Headland, Lion Island and Currawong Beach. Heck, it’s possible that from the balcony, MCB could almost see his other Palm Beach pile that he bought in 2014 for $8.7 million from a luxury car importer. Neville Crichton.
There are other outposts on Pittwater for the tech giant. Cannon-Brookes also owns a waterfront home in Newport that he snapped up from the genetically blessed real estate developer. Jennifer Hawkin and husband Jake Wall in 2020 for $24.5 million. And then there’s the Fairfax Fairwater family’s former estate on Sydney Harbor which he snapped up in 2019 for $100 million.
And after: the moon? We wouldn’t be surprised.
The tech boss declined to answer questions about the latest purchase when contacted on Wednesday.
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