Billionaire Mike Cannon-Brookes buys three houses next door for $12.25m

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As investment strategies go, you could do a lot worse than to buy next door to the tech entrepreneur.

Rove McManus and Tasma Walton sold their Coogee semi for about $7.25 million.AdvertisementNot so much in the hopes of scoring a spare cup of sugar. It’s more the title to your home you’ll be hoping he’ll ask about.

The co-founder of software giant Atlassian first added to his local stock by buying Tintagel next door for $9.1 million a year ago, making him the owner of two of Mt Gibraltar’s best properties . The largest of three properties sold recently to Mike Cannon-Brookes is a 1970s house on 2.45 hectares for $6 million.The jewel in the Cannon-Brookes portfolio remains the $100 million Fairwater estate in Point Piper, to which they have since added the $12 million house next door and a $4.3 million apartment in a neighbouring block.

The redesign – spearheaded by Walton – created what is now a three-level semi with four bedrooms and a swimming pool. But still, it’s a semi.

 

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Billionaire Mike Cannon-Brookes buys three houses next door for $12.25mAs investment strategies go, you could do a lot worse than to buy next door to the tech entrepreneur.
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