Bondi Beach Penthouse

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Joshua Chan, the 45 year old founder of an online gambling review website, Joshua Chan, has been pinpointed as the mystery weekend auction buyer of the $20.1 million Bondi Beach apartment.

It was the penthouse offered by hardware company director James Mayo.

The penthouse ranks as the most expensive apartment ever sold under the hammer in Australia.

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Chan's purchase was more than $3 million higher than the auction reserve.

Chan is the founder of online gambling review site LCB (Latest Casino Bonuses) which has more than 145,000 members who get advised on good and bad gambling websites. 

Chan founded it in 2006 with the aim to educate online gamblers.

His partner Melanie Attwell is its marketing manager.
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The 45 year old founder of an online gambling review website, Joshua Chan, has been pinpointed as behind Saturday’s top auction apartment sale result of $20.1 million

jchancellor

Online gambling website review founder pinpointed as $20.1 million Bondi Beach record setter

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A Bondi Beach penthouse sold for $20.1 million at weekend auction, becoming the most expensive apartment ever sold at auction in Australia.

But it is not a record price for Bondi Beach penthouses.

The 16/16 Notts Avenue home was sold by former world champion yachtsman and hardware store director, James Mayo.

It last traded for $9.8 million in 2016 and at $8 million before that in 2009.

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The opening bid for the four-bedroom, four-bathroom penthouse was $14.5 million - and within the pre-auction buyer’s guide of $13 million to $15 million.

The penthouse sold through Ben Collier of The Agency Eastern Suburbs to a local buyer.

Bondi Beach’s $21 million suburb record for an apartment was set in 2013 when fund manager Will Vicars bought a double penthouse in the the Bondi Pacific project off-the-plan.

It is believed the highest prior auction sale of an apartment in Sydney was the Cliff Towers, Point Piper sale last October for $13,025,000 at a hotly contested auction.

The three-bedroom apartment at 2/124 Wolseley Road sold through Sydney Sotheby’s International Realty agent Michael Pallier when three of the seven registered bidders were active throughout the auction.  
 
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There were seven buyers registered for the Bondi Beach penthouse that sold for $20.1 million at auction on Saturday

Bondi Beach Penthouse

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