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Atlassian boss Mike Cannon-Brookes’ new trophy home bargain

Even if you’re a tech billionaire like Mike Cannon-Brookes, getting a discounted home buy must be something of a thrill.

Tech billionaire Mike Cannon Brookes and wife Annie has bought Hathaway, the grand Bowral home, for $3 million. Source: realestate.com.au
Tech billionaire Mike Cannon Brookes and wife Annie has bought Hathaway, the grand Bowral home, for $3 million. Source: realestate.com.au

Tech billionaire Mike Cannon-Brookes and wife Annie continue their buyup in the Southern Highlands.

They have bought the Bowral trophy home, Hathaway, for $3m.

Cannon-Brookes secured the home for considerably less than its $3.45m price guidance from Ray White Bowral, who’d been marketing the home for about two months.

The home was sold for considerably less than it’s price guide. Source: realestate.com.au
The home was sold for considerably less than it’s price guide. Source: realestate.com.au

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It was trading for the first time since 2008 when it sold for $905,000.

The 1930s Tudoresque home comes with a steep pitched roof, timber-adorned gables and exposed brick trim. It retains its original floor plan with five bedrooms.

There are a number of sitting rooms, along with a home office with a separate entry.

The home originally had a $3.45m price guide.
The home originally had a $3.45m price guide.
It traded for the first time since 2008.
It traded for the first time since 2008.
Nice and cosy for those cold Highlands nights.
Nice and cosy for those cold Highlands nights.

Its living spaces, which have fireplaces, open through french doors to its garden. There’s a barn studio at the end of the driveway.

By our running tally, the Atlassian co-founder’s acquisitions in the Highlands now exceed $113m and cover more than 1005ha, much as a regenerative agricultural enterprise that is orientated to ­increasing carbon in the soil and planting trees.

Cannon-Brookes’ first buy in the Highlands was the 390ha Joadja Creek Farm for $3.3m in 2016.

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Michael Cannon-Brookes and Annie Cannon-Brookes have expanded their property portfolio. Picture: Kai Godeck
Michael Cannon-Brookes and Annie Cannon-Brookes have expanded their property portfolio. Picture: Kai Godeck

The extraordinary buyup of prime investment real estate includes plenty, too, on Sydney’s northern beaches.

According to PropTrack the median house price in Bowral is $1.65m, up 3.1 per cent over the past 12 months.

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Original URL: https://www.news.com.au/finance/real-estate/buying/atlassian-boss-mike-cannonbrookes-new-trophy-home-bargain/news-story/ff03c45a3c0eb9f81c3dd1d5f975276b