John Gillett emerges Peppermint Grove’s Taj-on-Swan super block

John Gillett emerges Peppermint Grove’s Taj-on-Swan super block
John Gillett emerges Peppermint Grove’s Taj-on-Swan super block

The new owner of Peppermint Grove’s Taj-on-Swan superblock has emerged as businessman John Gillett.

He plans to build a family home to share with his family, The Weekend West reported after the $17 million acquisition.

Mr Gillett is a former Moran Health Care executive who sold WA aged care provider Craigcare last year in a deal worth $50 million to $100 million. 

The Nedlands-based businessman bought the business in 2003 for a reported $25 million from the Pix family.

The business was sold to Bain Capital coming with about 900 beds across seven aged care and retirement homes in WA and Victoria.

The Bayview Avenue block, which had a $30 million price tag two years ago, failed to sell at auction last month.

It was passed in at $15.6 million.

Speaking publicly about his purchase for the first time, Mr Gillett told The West as a private person he had “naively” hoped to avoid attention.

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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Peppermint Grove Oswal

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