Pub baron Bill Young buys $14.6m luxury waterfront home

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Pub baron Bill Young buys $14.6m luxury waterfront home
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Pub king and former Wallaby Bill Young has purchased a luxury Sydney waterfront for $14.6m, while Westpac’s Alexander Bischoff swaps Vaucluse for Kangaloon.

Pub baron Bill Young and his wife Anna have emerged as the buyers of a $14.62 million luxury waterfront home in Sydney’s inner west, which set its suburb record when it sold in November last year. Recently lodged settlement documentsThe Cabarita purchase timed with the Mr Young auctioning his prized Northwood estate, Yandama, for $14.2 million in December last year. Yandama recently settled under a company name linked to Anthony and Corienne Karam, of labels outfit TMA Group.

While it was reported at the time the Northwood sale was prompted by the Youngs moving to the Gold Coast, the family’s relocation south of the Harbour Bridge brings them closer to Mr Young’s burgeoning pub empire.The Cabarita home is fewer than four kilometres from the Concord Hotel which Young Hotels owns alongside the Illinois Hotel in Five Dock, the Five Dock Hotel, the Royal Hotel Top Ryde, the Mortlake Hotel and the recently acquired Bar Broadway in Sydney’s Chippendale which Young.

Alexander and Leah Bischoff are swapping Vaucluse for the Southern Highlands after buying a Kangaloon estate. Now, the couple is trading the eastern suburbs high life for bucolic bliss, having emerged as the buyers of real estate boss Geoff Lucas and wife Nicola’s Kangaloon estate for about $9.75 million.Mrs Bischoff announced the news of the move on her Instagram account, where she captioned pictures of the Kangaloon property with “The Bischoffs are on the move! Very excited to be starting a new chapter and adventure in the Southern Highlands.

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