Bono’s one-time Sydney holiday home sells for record $55.4 million

Bono, lead singer of the band U2 and ONE organization co-founder once rented a mansion that just sold for $55 million. Must be nice.
Bono, lead singer of the band U2 and ONE organization co-founder once rented a mansion that just sold for $55 million. Must be nice.

A Sydney harborfront mansion has been sold for a record-setting $55.4 million to a Chinese-born businessman, reinforcing the city’s growing status as a hot property destination, newspapers said on Thursday.

On the market for six years, the luxurious eight-bedroom “Altona” in exclusive Point Piper was bought in a secret deal with the businessman who currently lives in Melbourne, the newspapers reported.

The property and its heated waterside pool and boathouse, rented by U2 rock star Bono in 2006 for a family holiday, was last sold in 2002 for A$28 million.

While Australian capital city home prices rose by only 1.3 percent in March, top end Sydney properties have attracted strong interest from Chinese buyers, and almost three in four international sales have gone to Asian buyers in recent years.

The Altona sale beat the previous Sydney property sale record of A$45 million, but fell short of the national record of A$57.5 million paid in 2009 by mining services magnate Chris Ellison for a sprawling riverfront home in Perth.

 


News
Entertainment
Sports
Lifestyle
National

Every dog has his day in court, in…

(Reuters) - Call him juror K-9.A computer glitch is likely to blame for a summons that called a German Shepherd to report for jury duty,…

Breaking: Local

Judge rules Tsarnaev can view victim autopsy photos

Boston bombing suspect Dzhokhar Tsarnaev can view the autopsy photographs of the victims of the Boston Marathon bombing, a federal judge ruled Wednesday.

Local

Police warn of attempted assault on woman near…

Police in Cambridge issued an alert after a woman said she was the victim of an attempted sexual assault after leaving Porter Square early Wednesday.…

Local

Kevin Kayvon Edson: Finish line hoax suspect sent…

The man who allegedly left a backpack near the finish line on the anniversary of the Boston Marathon bombings was due in court on Wednesday.

Television

Jim Rash talks 'The Writer's Room' and amazing…

For Jim Rash, as the fifth season of "Community" comes to a close, the second season of "The Writer's Room" begins.

Television

'Dexter' star Jennifer Carpenter moves into producing role

The actress who played the title character's sister in "Dexter" is teaming up with producer George Stelzner to adapt Erika Hayasaki's book "The Death Class:…

The Word

Wahlburgers announce North America domination

Tuesday was a huge day for Donnie Wahlberg.

Entertainment

Here's what to do in Boston this weekend

THEATER The Wholehearted Thursday through April 27 Paramount Center 559 Washington St., Boston $25-$49, 617-824-8400 www.artsemerson.org This conceptually rich show from Stein | Holum Projects,…

NFL

2014 NFL Mock Draft: Updated, new April version

2014 NFL Mock Draft: Updated, new April version

NHL

Bruins 2014 playoffs preview: Vegas odds say Stanley…

Bruins 2014 playoffs preview: Vegas odds say Stanley Cup will return to Boston

MLB

MLB Power Rankings: A's are baseball's best, Brewers…

MLB Power Rankings: A's are baseball's best, Brewers and Braves right behind

MLB

Injury bug tearing holes in Red Sox

Red Sox fans will recall that last year the bullpen was decimated by injuries. From Franklin Morales to Andrew Miller, from Craig Breslow to Andrew…

Wellbeing

Oh baby: Scientists find protein that lets egg…

By Will DunhamWASHINGTON (Reuters) - You can forget about the birds and the bees. If you really want to learn how babies are made, you…

Tech

5 surprising facts about Google Glass

Your sex life could get more interesting.

Wellbeing

Cognitive skills begin to drop at age 24

But the news isn't all that bad.

Career

How to get a job at a startup:…

We talked to Tarek Pertew, one of the co-founders behind Uncubed, about how to get your dream job at a startup.