David Hales, a founder of Noosa-based chain Betty's Burgers, has taken a $3 million cut on the $20 million he hoped to get for the Sunshine Coast pile he acquired just two years ago from tennis player Pat Rafter.
Mr Hales and his wife, Louise, who acquired the seven-bedroom, five-bathroom house at Sunshine Beach for $15.2 million in January 2018, sold it for $17 million, Dowling Neylan agent Karen Harman confirmed.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
