Tattersall beneficiaries the Playoust family sell Palm Beach cottage

Julian, Nicholas, Margarita and Luke Playoust, beneficiaries of the Tattersall gambling empire, have sold Treetops at Palm Beach for $2.5 million.

Treetops is a charming 1960s beach cottage that harks back to a bygone era. 

The land, that sits between Florida Road and Mitchell Road, was initially secured by patriarch architect John Playoust in the mid-1960s who practice was expanded in the 1970s to a successful development company, then private equity fund.

The Playousts paid $15,000 for the block which was bought from the Bible Garden founder Gerald Hercules Robinson.

It was sold through Andrew Mappin in conjunction with Christies International.

This article was first published in the Saturday Daily Telegraph.