Mike Cannon-Brookes spends $12 million in Centennial Park

Jonathan ChancellorApril 14, 20150 min read

Mike Cannon-Brookes, the co-founder of software firm Atlassian, has been pinpointed as the $12 million mystery buyer of the record setting Centennial Park trophy home.

It was bought from the prestige car dealer Ian Pagent and his wife Marianne with listing details quickly taken down from the web.

Settlement has yet to occur on Braelin, restored and extended with high regard for its architectural heritage significance.

It stands on the largest landholding on the prized park-side avenue.

Designed in the inter-war Californian bungalow style by architect Donald Esplin and built in 1918 for Sir Allen Taylor, a former lord mayor of Sydney, the house has seven bedrooms, six bathrooms and grand reception rooms.

 

Sir Allen Arthur Taylor (1864-1940), timber merchant, ship-owner and politician, was born on 13 May 1864 at Wagga Wagga, the fourth child of John Bate. For reasons that remain obscure, he changed his surname to Taylor some time between 1890 and 1895. 

One of Centennial Park's finest residences, it sits on a 2,195 square metre land parcel opposite the park.

The suburb's record stood at $10 million for two Martin Road homes.

Local agents suggest local newspaper speculation as to the mystery buyer was likely to prove correct on settlement of the early March sale. 

 

The two blocks were purchased from the government in 1913 by brothers, Ernest and Harold Morgan

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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