Russell Staley sets house price record in Collaroy, Sydney, of $15 million-plus as work starts on his $21 million home project
Save Share Oil and gas multimillionaire Russell Staley and his wife, Jennifer, have sold their landmark designer home on Collaroy Beach for more than $15 million, setting a new suburb high for a single residence. It took three years for the distinctive residence, known as The Point House, on the northern-most point of the Collaroy Basin to exchange and for close to the original $15.5 million asking price. Staley is a former rich lister thanks to his time as a senior executive at engineering group Worley Parsons (now known as Worley) and as chairman of Benthic, before it was acquired by subsea...
Source: afr.com