KPMG executive Jon Adgemis sells at Byron Bay
Piccadilly Hill, a Byron Bay hinterland retreat, has been sold for $4.8 million.
It was offered by a company directed by Jon Adgemis, the high-profile KMPG executive.
The sale was more than $2 million higher for the Coopers Shoot acreage, which cost $2.65 million in 2015.
The near 30 hectare estate with jasmine-lined verandas came with approval for a guest cottage.
The homestead with a wet edge pool has views to Broken and Lennox Heads.
Six paddocks, four with spring dams, are cleared pastures for cattle.
Adgemis, KPMG’s head of mergers and acquisitions, has done well in property.
Last year he sold his 1910 Rose Bay home for $4.25 million, $1.4 million more than the $2.85 million he paid for it in 2015.
He upgraded to a nearby $4.5 million home just before Christmas.
He split with the Sutherland Shire-born model Cheyenne Tozzi in 2017.
This article was first published in the Sunday Telegraph.
