Nathan Tinkler’s ex-wife selling Hawaiian mansion

Nathan Tinkler’s ex-wife selling Hawaiian mansion
Nathan Tinkler’s ex-wife selling Hawaiian mansion

Bankrupt former billionaire Nathan Tinkler’s ex-wife Rebecca is selling her Hawaiian mansion for $US15.8 million, at not much more than break even.

The three acre property on the island of Maui has six bedrooms, six bathrooms, an infinity pool, chef's kitchen, an over-sized wine room and a movie theatre.

The Zillow website says an offer has been pending on the property since last month with the Sothebys Volker Weiss agency.

It initially hit the market early last year at $US19.9 million.

The former couple bought the mansion together in 2011, with Ms Tinkler understood to have been living in the 2004-built home since they split in 2013.

The purchase was made by Queen St Property Holdings. Land title records at the time show the assessed value of the property was $US8.6 million. It is now $15.6 million.

Set on a hill looking out over the Pacific ocean, the 640 square metre home on 12,500 square metres in the gated Keauhou subdivision of Makena, the most expensive area on Maui.

The Tinkler’s Brisbane trophy home recently sold at a $2 million discount.

Their former Pullenvale retreat was sold after the receivers Grant Thornton moved in on him.

The expansive mansion was sold to Brisbane buyer for $3.05m which was $2.15m less than the $5.2 million paid almost a decade earlier.

The former BRW Young Rich list leader had a trust estimated at its peak to have hold more than $1.4 billion worth of assets including his many homes and horse studs, his stake in Whitehaven Coal as well as The Newcastle Knights and Jets via Hunter Sports Group.

Tinkler's Falcon 900 jet was repossessed by creditor GE Capital in Singapore in 2012.

Last week Tinkler was given permission to travel to the United States for a Hawaiian holiday as long as he follows strict conditions ordered by a Sydney judge.

Justice Nicholas at the Federal Court gave permission as long as he returns to Australia no later than April 8.

Tinkler surrendered his passport when he was declared bankrupt with debts of $554 million in March last year.

This article first appeared int he Sunday Telegraph.

Tags: 
Nathan Tinkler Hawaii

Comments

Be the first one to comment on this article
What would you like to say about this project?