Alan Joyce pockets a Palm Beach holiday home in time for Chrissy
QANTAS chief Alan Joyce is pushing through the purchase of his $5 million plus Palm Beach holiday home in double quick time so he can enjoy his bolt hole over Christmas.
Qantas chief Alan Joyce has pushed for a superquick settlement on his $5 million plus Palm Beach holiday home so he can be in for Christmas.
The Irish-born airline boss has paid more than $5 million for a three-year-old designer home overlooking Whale Beach.
The five-bedroom house on more than 1000sq m of level land has been on the market for more than a year but once Mr Joyce saw it and wanted it he pushed for a short settlement so he could be in for Christmas and the summer break.
The Gartner Trovato designed home is just along the road from award-winning Jonah’s restaurant and shares its elevated and expansive view.
Four of the five bedrooms have their own bathroom, there is a schmick kitchen much larger than a galley affair and the home also has a new swimming pool with views north to Cape Three Points.
The last time the home came to market it sold for $2.5 million in 2009 but that was before the major overhaul and new pool.
It is believed the retreat has been bought by Mr Joyce for himself and his partner, Shane Lloyd.
Peter Robinson, of LJ Hooker Palm Beach, wouldn’t comment on the sale even though the house was listed with his office.
He did say however that while Palm Beach and Whale Beach had a very slow and lacklustre year activity picked up in November with buyers suddenly seeing value and snapping up weekenders. In Iluka Rd, Palm Beach a $10 million sale has quietly traded this month — the highest price paid in Palm Beach all year.
Palm Beach continues to be the go-to suburb for corporate high-flyers and celebrities wanting privacy and a beach culture.
“Palm Beach is so laid-back,” Mr Robinson said.
“No one cares who you are.”
Vaccine rollout: The number of people jabbed in your suburb
617k jabs issued this week: How many people are vaccinated; where you can get jabbed and how many cases are in your community. Here’s everything you need to know about Covid.
Suburb’s 500 weekly cases: NSW’s Covid numbers by postcode
Sharp weekly spikes in Sydney suburbs reveal the harsh truth of Covid in some areas, with one postcode reporting almost 500 cases in a week. See the full breakdown.