Billionaire Graham Tuckwell buys record Hyams Beach home

The Jersey-based billionaire funds pioneer Graham Tuckwell and wife Louise have emerged as the buyers of the record setting Hyams Beach sale.

They paid $4.8 million for the beachfront Cyrus Street dress circle offering that came with two houses, dubbed Jacaranda and Driftwood.

It was bought sight unseen by the Canberra born philanthropist.

Jacaranda is the original home closest to the Jervis Bay foreshore. 

Driftwood is a four bedroom contemporary home with two courtyards that sits on 1,370 sqm, one of the largest blocks in the popular tourism hamlet.

JB Beach Houses Vincentia agent Geoff Keighran sold the home in just 39 days.

Tuckwell is the founder and chairman of ETF Securities which holds $30 billion in assets. 

This article was first published in the Saturday Daily Telegraph.