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Just a few months ago The tax bureau conducted surprise inspections This is the world headquarters of a business run by members of a certain Christian fundamentalist sect.
Money Tower
Sydney’s newest skyscraper, One Sydney Harbour at Barangaroo, developed by Lendlease, has recently been completed and the 76-storey building is welcoming its first buyers, including wealthy families and cash buyers.
One Sydney Harbour, the Renzo Piano-designed skyscraper, is about to welcome its first residents, with four people already occupying an entire floor.Credit: Walter Peters
Enter “Alex” Chao DuanHe is a director of OMC Electronics, the Australian distributor of Chinese smartphone Oppo, and he bought three apartments occupying the entire 65th floor for a total of $39.2 million.
Mr Duan was one of the earliest buyers of the Lendlease building in early 2018, when he bought off the plan at the age of 32. Five years later, Mr Duan has become well-known among local property watchers for his Upper north shore house price record hits $20.5 million Buy Warrawee Houses with Cash.
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Mr. Duan was one of four buyers who bought the entire floor. In addition, a mysterious buyer, whose name has not yet been revealed in transaction records, paid $140 million for the penthouse and sub-penthouse.
The three apartments on the 71st floor were purchased by foreign companies Fortune Four Seasons, Fortune Good Returns and Fortune Absolute for a total of $42.9 million. Luvina Catherine Kusumathe head of Indonesia’s billionaire family is a real estate development tycoon Sugiantuo Kusuma.
Another whole floor apartment was bought by a mining boss for $38.95 million Qing ZhongHe is the head of Admiral Resources, a mining company focused on iron ore in Chile and Western Australia.
The largest apartment, located on the 73rd floor, was recently listed for sale by Everest Financial director Yu Zhong for $22 million.Credit: field
Level 85 Return Yu ZhongDirectors of private investment management company Everest Financial and their interests in companies for a total of $43 million. The largest of the three apartments, a four-bedroom apartment that Ms Chung bought in 2020 for $19.6 million, has been relisted through McGrath’s Richard Shalhoub for $22 million.
Sydney Olympic Football Club chairman Damon Hanlin has paid $10.1 million for an apartment at Lendlease’s One Sydney Harbour.Credit:
Shalhoub declined to comment on the resale, but two adjacent apartments owned by Chung’s Coreco Group are not currently listed for sale.
Large cash buyers include RodanisHe is the chairman of Fairwood Group, one of Hong Kong’s oldest fast-food chains, and paid $18.7 million. Li ShuorongHe is a member of the family of the chairman of modern Chinese medicine giant China Shineway Pharmaceutical Group, and he paid $17.38 million.
Nick ManetasThe seafood empire family spent $13.6 million to build the building. Damon HanlinTitan Cranes president and Sydney Olympic Football Club chairman, paid $10.1 million Rashmi Jainthe wife of a real estate investor Sukinder Jainbought the building for $3 million.
Carinha’s serve return
Killara’s House Elizabeth Yateswidow of the late entrepreneur and member of the NRMA board Ian Yateswill go to auction on June 29 with a price guide of $8.5 million.
Yates, who died in 2007 at the age of 56, made headlines in the 1980s when the state government reclaimed his land in Darling Harbour, now the Chinese Gardens. He paid $5.1 million for the land in 1983 and, after years of public wrangling with authorities, was eventually awarded $22.3 million in compensation for the land.
Carinya covers an area of 1700 square meters and was built in 1924 and redesigned by Playoust Churcher Architects.Credit: field
A year after his death, his family bought the 1924-built house in Killala, called Carinya, for $4.1 million and later commissioned Playoust Churcher Architects to expand it into its current six-bedroom residence, complete with a pool and tennis court. It is listed with Stone’s Matt Payne and McGrath’s Will Geist.
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