New photo Australia’s most expensive home: Estate sells for $100MILLION

The most expensive propery in Australia has sold, with the estate once owned by Lady Mary Fairfax believed to have fetched $100million.

The waterfront Sydney estate has become the nation's most expensive property bought in the country - smashing the previous record by almost $30 million.

The Point Piper estate, called Fairwater, has been in the Fairfax family since 1901 and is the largest block of privately held prime harbourside land left in Sydney.

A 1.2hectare property (pictured) in Sydney's harbour is set to become the first Australian home to sell for more than $100million

 The most expensive propery in Australia has sold, with the estate once owned by Lady Mary Fairfax (pictured) believed to have fetched $100million

The buyer of the multi-million dollar property remains a mystery but is speculated to be billionaire tech entrepreneur Mike Cannon-Brookes and his wife Annie. 

Christie's International were appointed by the trustees to sell the property after the death of Lady Mary Fairfax aged 95 last September, Domain reported.   

Ken Jacobs of Christie's International confirmed they would sell the 1.12 hectare property, dispelling rumours the significant site would be left to the people of NSW.

'It is remarkable that an estate offering such rare and unrepeatable features still exists in Australia today; this opportunity will not come again,' Mr Jacobs said, according to Domain.

The current Australian record for a single residential property is the neighbouring Elaine, which fetched $71 million when it was sold last year, but Fairwater is considered much more valuable.

'When Fairwater's sister property Elaine came to the market, it set a new benchmark, yet Fairwater is over 4100 square metres larger. They are truly the golden girls of Sydney Harbour,' Mr Jacobs said.

The adjacent property, known as Elaine, was sold for $71 million last year to billionaire Scott Farquhar, who is a founder of software company Atlassian, and is about 60 per cent smaller in size.

Both properties front New South Head Rd and back onto Sydney Harbour, however, Fairwater has better views from its more northern position.

The property last sold for £5350 in early 1901 when Sir James Oswald Fairfax bought the two-storey house.

It has been in the Fairfax family ever since, with Sir Warwick Fairfax inheriting the property.

The New South Wales government stands to make about $6.9 million in stamp duty from a $100 million deal.

The home has been in the Fairfax family for more than a century, up until Lady Mary Fairfax (pictured) died at the age of 95 last September

The two-story house is found in the affluent waterside suburb of Point Piper (pictured)

Link textbacklinkexchanges.com
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News Pictures Australia’s most expensive home: Estate sells for $100MILLION

You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!

TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st

To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.

Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”

Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”

kim cattrall

Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb

SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.

Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
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