Laser clinic's Alistair Champion spends $7 million on weakening Palm Beach weekender
Alistair Champion, the co-founder of Laser Clinics Australia, has bought a Palm Beach retreat.
It cost $7 million, $200,000 less than its 2010 sale by the Green hotelier family. It wsas the smaller of the two Tuscan-inspired residences sold for $7.2 million through David Edwards to veteran builder Robert Gough.
It is a bit of a trend for young Rich Listers to buy on the strip.
In 2013 Mike Cannon-Brookes, the co-founder and CEO of Atlassian Software Systems, spent $8.7 million to buy.
With an estimated net worth of $43 million, according to last year's BRW Young Rich List, Alistair Champion and his wife Kate McIvor paid $5.4 million for a mansion on Bellevue Hill in 2013.
The Victoria Road house was bought from derivatives trader Ian Clody.