Nando’s billionaire revealed as buyer of A$17.4m North Bondi beach house
Nando’s billionaire Richard Enthoven and his wife Karen have purchased a luxury beach house in North Bondi for A$17.4 million. The property is located in an area increasingly known as 'billionaire's row' due to the high concentration of wealthy residents.
Why it matters
The sale highlights the extreme appreciation of luxury real estate in coastal Australia and the concentration of wealth in specific neighborhoods.
A beach house on the Ben Buckler headland has sold for A$17.4 million. This is more than four times what the same property fetched in 2015. The mystery buyers of this laid-back coastal luxury home are a couple better known for their chicken than their real estate! Nando’s billionaire owner Richard ‘Dick’ Enthoven and his wife, Karen, are the buyers, according to a report by the Wentworth Courier.A quiet sale on a busy streetThe house sits at 148 Hastings Parade, in the stretch of North Bondi that is fast becoming a ‘billionaire’s row’, with Afterpay founder Nick Molnar, Australia’s youngest billionaire, living just up the road and Lorna Triguboff, the daughter of billionaire property developer Harry Triguboff, who is worth $32 billion, living further along.The sale of this four-bedroom beach house was completed on 20 June through a private treaty via Raine & Horne Double Bay.
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