Mike Cannon Brookes seeking nearly $9 million for Paddington trophy reno

Mike Cannon Brookes seeking nearly $9 million for Paddington trophy reno
Mike Cannon Brookes seeking nearly $9 million for Paddington trophy reno

About $9 million - and a suburb record - is being sought for billioniare entreprenuer Mike Cannon-Brookes' redundant Paddington home.

It is the former 1907 emporium converted into a four-storey, but eight level mansion by Duncan and Lynley Hardie.

Cannon-Brookes, the co-founder of Atlassian, and his fashion-design industry wife, Annie Cannon-Brookes paid $7.3 million for the Hargrave Street landmark in 2010, after it was on the market for two years.

Now with three children, they have relocated to the $12 million Centennial Park Federation trophy home, Braelin.

McGrath agent Ben Collier will be hoping to exceed Paddington's record that remains $7.75 million first set in 2006 for a double terrace on Union Street, and then matched in 2010 when developer Stephen Dunkley sold his contemporary Goodhope Street home.

Duncan and Lynley Hardie, best known for their Sweetwater Wines, Pokolbin, property, made a $4,625,000 purchase in 2003 of the former House of Desks outlet. Its $4 million plus building cost ranked among the dearest of Sydney's non-waterfront private residential projects.

This article was first published in the Saturday Daily Telegraph. 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Residential Listing

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