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Home News Aussie tech billionaire rumoured to have snapped up $8million home on a secluded island in Sydney

Aussie tech billionaire rumoured to have snapped up $8million home on a secluded island in Sydney

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Aussie tech billionaire rumoured to have snapped up $8million home on a secluded island in Sydney

Aussie tech billionaire rumoured to have snapped up stunning $8million home on a secluded island on Sydney’s northern beaches

  • Mike Cannon-Brookes, 41, has reportedly purchased the home in Sydney
  • Atlassian co-CEO and co-founder paid $8million for northern beaches property
  • He already owns a home at neighbouring Newport, worth a cool $24.5 million
  • In December last year, he also bought a minority stake in NBA side Utah Jazz

A high profile Aussie tech billionaire is rumoured to have snapped up a stunning $8million home on Sydney’s northern beaches.

Mike Cannon-Brookes, 41, the Atlassian co-CEO and co-founder, has reportedly bought the property at Scotland Island, which is only accessible by boat.

Dubbed ‘Bangalla’, the estate, which was first built in the early 1800s, was developed by global finance whiz Alistair Jeffery. 

The recent sale of Bangalla has also set a new price record for Scotland Island real estate.

Mike Cannon-Brookes, 41, the Atlassian co-CEO and co-founder, has reportedly bought the property at Scotland Island, which is only accessible by boat, for a cool $8million

The luxury property, on Sydney's northern beaches, features rich hardwood floors, casement windows and an adjacent cottage for guests

The luxury property, on Sydney’s northern beaches, features rich hardwood floors, casement windows and an adjacent cottage for guests

Other notable features of the property in the affluent Pittwater region in Sydney include a striking sandstone fireplace (pictured above), multiple bathrooms and air conditioning

Other notable features of the property in the affluent Pittwater region in Sydney include a striking sandstone fireplace (pictured above), multiple bathrooms and air conditioning

The previous record was in 2013 when the ‘Yamba’ waterfront estate sold for $7 million to Singapore’s wealthiest man, Philip Ng, according to realestate.com.au.

Cannon-Brooks’ supposed new digs also boasts its own beach overlooking the region of Pittwater, with two jetties.

If required, the property has room for a moor a yacht as well as access to a boathouse.

The property itself features beamed ceilings, an eye-catching sandstone fireplace, rich hardwood floors and a stunning heated wet-edge tiled pool.

Other notable features include a sauna equipped for six people, multiple bathrooms and air conditioning.

Bangalla also features an adjoining cottage for guests, decked out with eye-catching teak interiors, a kitchenette and veranda.

Property on Sydney’s affluent northern beaches clearly appeals to Cannon-Brookes.

Last June, he purchased a mansion previously owned by supermodel Jennifer Hawkins for $24.5million in neighbouring Newport.

Also in 2020, the married father of four bought a minority stake in NBA side Utah Jazz.

Cannon-Brookes played basketball in high school at the prestigious Cranbrook School in Sydney’s east and at one stage wanted to play the sport professionally.

The property (pictured above) features its own beach and room to dock a luxury yacht if required

The property (pictured above) features its own beach and room to dock a luxury yacht if required

The property in Church Point also boasts an adjoining cottage and a stunning heated wet-edge tiled pool (pictured above)

The property in Church Point also boasts an adjoining cottage and a stunning heated wet-edge tiled pool (pictured above)

Co-founder and CO-CEO of Atlassian, Mike Cannon-Brookes, amassed his fortune after founding the global software firm with good mate Scott Farquhar in 2001

Co-founder and CO-CEO of Atlassian, Mike Cannon-Brookes, amassed his fortune after founding the global software firm with good mate Scott Farquhar in 2001

In recent years, he and his wife Annie purchased the $100million Point Piper property named Fairwater in September 2018, which was formerly owned by Lady Mary Fairfax.  

He amassed his fortune after co-founding software firm Atlassian with good mate Scott Farquhar in 2001.

The company’s main product Jira – a project management and bug tracking software suite – became the gold standard, being used by the likes of NASA and eBay.

They now have nine offices in six countries: Amsterdam, Austin, New York, San Francisco and Mountain View, California, Manila, Yokohama, Bangalore, and Sydney.

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