Salesforce co-founder buys Hope Island waterfront

Salesforce Australia founder and former chief executive Kevin Panozza has bought a luxury Hope Island waterfront.

The March settlement shows Panozza paid $3.9 million for the five bed, five bathroom home.

Set on 1794 sqm of landscaped waterfront land, the two level residence comes with an alfresco entertaining area with heated swimming pool.

The home had only been on the market for 20 days before Amir Main at Prestige Property Agents Paradise Point found a buyer after asking $4,495,000.

Panozza founded SalesForce Australia in 1993 that went on to become the largest provider of outsourced customer contact solutions in Australia and New Zealand. 

He sold the company in 2005 and left his chief executive role in 2007. 

Pazzone has stepped up the campaign to sell a his Brighton trophy home Marama, with a revised price guide of $6 million, down from $7 million when first listed last October.

The landmark 1880s mansion with five bedrooms, wine cellar and heated pool had been renovated by Melbourne architect Bruce Trethowan.

This article first appeared in The Weekend Australian's Mansion Australia section.