Billionaire Michael Cannon Brookes has further added to his expansive Southern Highlands property portfolio with the purchase of the 9.8ha Greyladyes Farm at Mittagong.
His acquisitions now exceed $100 million and cover more than 1000ha.
The latest was a quick $13 million purchase from veteran property developer Andrew Richardson and his wife Lauren Peters, which sold within a fortnight of its listing late last year. The home had been refreshed, with new stables, too, since selling for $6.3 million in 2020.
Set on the north side of Mount Gibraltar, the house had been designed by architect Peter Stronach for Michele Arnott-Scamps and Dale Goodman.
The first buy of Cannon-Brookes and wife Annie in the Highlands was the 390ha Joadja Creek Farm for $3.3 million in 2016.
WWII barracks a ‘funky’ new home buy
Shock sale of Jackie O’s $13m dream home
‘Crazy’: 15 tenants for each Sydney rental as supply dwindles
Cannon-Brookes held the Australian property record for his $100 million acquisition of Fairwater, the Fairfax estate in Double Bay in 2018, but his Atlassian co-founder Scott Farquhar has reputedly spent $130 million on the Point Piper hillside for Uig Lodge.
Much like Cannon-Brookes Farquar has also put together a large property portfolio.
Cannon-Brookes held the record Australian house sale before his partner bought in December.
MORE: Latrell Mitchell’s new record-breaking home
Red Hot Chili Peppers’ secret Aussie home for sale
NRL star Nate Myles and Tessa James sell Gold Coast retreat
Story Credit: news.com.au