The 28-year-old behind Cremorne’s $16 million house purchase

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A 28-year-old Sydneysider has bought his first Sydney home for $16 million – no mortgage required | Lucy_Macken

Still with Sydney’s high-end millennial house shoppers, Monica Hairu Yang was just 29 when she and her partner Junlin Lan made a big impression on Sydney’s high-end housing market, setting aBut that Vaucluse house with a tennis court, swimming pool and views to the Harbour Bridge looks like it wasn’t large enough to accommodate any family visiting from Hong Kong, prompting a DA lodged last year for a second dwelling to be built under the tennis court.

The Palazzina Nebbiosi is a landmark block of apartments in Rome designed by the late architect Giuseppe Capponi and built in 1932 by renowned engineer Pier Luigi Nervi, and in which Michael has paid about $2.6 million for an apartment. This is the four-bedroom residence that was for more than four decades the home of Michael and his late partner, the acclaimed jeweller Tony White, and that housed much of the couple’s extraordinary private art collection.

 

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Lucy_Macken And why is this worth reporting?

Lucy_Macken What a rip-off. 16 million for a 3 bedder in traffic congested Cremorne.

Lucy_Macken Huh so the son of a billionaire doesnt need a mortgage? Im shocked..

Lucy_Macken Who gives a 💩

Lucy_Macken Remember when we used to tax extreme wealth for the benefit of all society? I sure miss first class healthcare, quality schools… auspol

Lucy_Macken 'journalist'

Lucy_Macken Good to see the Aussie Battler is still a thing.

Lucy_Macken Why is this news?

Lucy_Macken BREAKING: Son of billionaire buys house for a fraction of family fortune while gutter trash tabloid lowers bar below sea level.

Lucy_Macken 😆🤣

Lucy_Macken

Lucy_Macken Ah, to have generational wealth.

Lucy_Macken Billionaire’s son buys a $16 million house. So what’s new here!

Lucy_Macken The boys club…. Rich parents buy kid a home. Imagine the prat he is…

Lucy_Macken Just further vindication - not that I needed any more - for why I cancelled my SMH subscription ages ago.

Lucy_Macken Great journalism - can’t hit the subscribe button fast enough so I can read more quality like this

Lucy_Macken 'With a small loan of 16 million dollars from his parents...'

Lucy_Macken LOL. what a non story. He is the son of a billionaire! 😂🤦🏼‍♂️

Lucy_Macken Gutter journalism again!

Lucy_Macken Fucks sake guys just say his parents bought him a house.

Lucy_Macken hmmmmmmmmmm

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