Laser clinic's Alistair Champion spends $7 million on weakening Palm Beach weekender
Jonathan ChancellorDecember 7, 2020
Alistair Champion, the co-founder of Laser Clinics Australia, has bought a Palm Beach retreat.
It cost $7 million, $200,000 less than its 2010 sale by the Green hotelier family. It wsas the smaller of the two Tuscan-inspired residences sold for $7.2 million through David Edwards to veteran builder Robert Gough.
It is a bit of a trend for young Rich Listers to buy on the strip.
In 2013 Mike Cannon-Brookes, the co-founder and CEO of Atlassian Software Systems, spent $8.7 million to buy.
With an estimated net worth of $43 million, according to last year's BRW Young Rich List, Alistair Champion and his wife Kate McIvor paid $5.4 million for a mansion on Bellevue Hill in 2013.
The Victoria Road house was bought from derivatives trader Ian Clody.
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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