Atlassian co-founder Mike Cannon-Brookes buys $24.5m Newport home
Billionaire Mike Cannon-Brookes has added another trophy home to his growing property portfolio with the Atlassian co-founder and wife Annie emerging as the buyers of Jennifer Hawkins’ Newport home. SEE THE HOUSE
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Billionaire Atlassian co-founder Mike Cannon-Brookes and his wife, Annie love their trophy homes.
They have emerged as the buyer of the Newport waterfront home of Jennifer Hawkins and Jake Wall.
It sold for $24.5 million in June, with the mystery until this week’s settlement on the buyer’s identity.
The price pocketed by the glamour couple was a record for the northern beaches playground after a spike of buyer interest saw the price soar past its initial $20 million price guidance.
It highlights the trend seen during the COVID-19 pandemic of a surge in prices in the luxury second home market.
There’s no sign yet on Jen and Jake’s next project which was mooted to be on the NSW Central Coast, to be closer to the former Miss Universe’s family following the birth of their first child, Frankie last October.
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The previous highest northern beaches sale was when the late television executive Sam Chisholm’s Palm Beach home was sold to Mike Messara, the co-chief investment officer at Caledonia, for $24 million in February.
“By any measure, Casa Paloma is one of Sydney’s trophy properties,” its Christie’s International selling agent Ken Jacobs advised during its eight month marketing campaign.
“It generated extraordinary international, interstate and local buyer competition which resulted in a new price benchmark for the northern beaches,” he advised.
Many inspectees suggested it was the best built home on the pricey peninsula.
The four-level residence, designed by Koichi Takada on its 3360 square metre holding sold just short of three years after Wall completed their home build.
They bought the adjoining building blocks in 2014 for $4 million.
The Cannon-Brookes already own at Palm Beach, having paid $8.7 million in 2013, which sits in their near $200 million property portfolio.
Originally published as Atlassian co-founder Mike Cannon-Brookes buys $24.5m Newport home