Aristocrat pokie scion Cristian Ainsworth sells Palm Beach retreat with $400,000 loss

Aristocrat pokie scion Cristian Ainsworth sells Palm Beach retreat with $400,000 loss
Title TattleNovember 9, 2018

Christian Ainsworth, of the Aristocrat pokie machine family, has taken a $400,000 loss on his Palm Beach retreat which sold mid-week.

He paid $3,425,000 for the dress circle, four bedroom Ocean Road property in 2013 and sold for $3,025,000 through BresicWhitney Balmain agents Adrian Oddi and Callum Edmonds.

Ainsworth is the 45-year-old youngest son of billionaire Aristocrat poker machine founder Len.

Another Ainsworth, his eldest brother Geoff Ainsworth and his wife, poet Johanna Featherstone have recently bought two adjoining homes on nearby Northview Road.

The two homes on 2300-square-metre cost a combined $16.1 million.

Stephen and Nanette Ainsworth are the family's longest owners at Palmie having paid $2.3 million in 2000.

This article was first published in the Saturday Daily Telegraph. 

Editor's Picks

Builder appointed, ANZ funded: Inside Fernhurst, Kew's newest residences
Lendlease creating world-class resident experiences at Collins Wharf
Hirsch & Faigen plots fourth Gold Coast apartment development, Marbella Broadbeach
First look: Immerse Projects plan new apartments at Kirra Beach
City Beat March 2025: Olympics announcement to drive further growth in Brisbane property market