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Quadpay co-founder Brad Lindenberg has kept a low profile compared with fellow eastern suburbs fintech entrepreneurs, but he is set to become one of the best housed, given he is said to have bought designer digs in Bellevue Hill for $26.5 million.
The buy now, pay later fintech sector has given rise to a few notable home purchases in Sydney in recent years, such as the $45 million consolidation of apartments at North Bondi by Afterpay co-founder Nick Molnar and David Hancock’s $14 million Paddington compound.
The Luigi Rosselli-redesigned residence was sold by Nick and Emma Leos for $26.5 million.
But Lindenberg is no Afterpay alumni. He co-founded the US-based Quadpay with Adam Ezra – both Moriah College alumni – in 2018, but has left the company following its acquisition by local BNPL platform Zip Co in a deal worth $403 million.
Having returned to Sydney since then, Lindenberg and wife Lori have been renting in North Bondi, but sources say he has bought the trophy home of Melbourne-bound construction boss Nick Leos and his wife Emma.
Brad Lindenberg co-founded Quadpay.Credit:
This is the grand 1930s-built residence that was redesigned by architect Luigi Rosselli when owned by fashion designer Camilla Freeman-Topper and bought by the Leos family in 2018 for $16.5 million.
Despite its more lofty recent sale price of $26.5 million, it was a good purchase by Lindenberg. It was for sale with $38 million hopes this year, but did not sell, and the listing was handed to The Agency’s Steven Chen with a revised $28 million guide.
Confirming the exact sale figure will need to await settlement, however, given Chen and buyer’s agent Simon Cohen have refused to be drawn on it.
Meanwhile, Luke Bortoli, former chief financial officer at Afterpay and now on the board of Beforepay, has listed his Tamarama home for $6 million.
The listing comes a month after Bortoli and his wife Emma sold their Bronte sub-penthouse in the Wimbourne building for $4.4 million and as the couple relocate to the United States.
Steve Bellotti turned to crypto after leaving ANZ in 2018.Credit:Michele Mossop
Still with the fortunes of our fintech movers and shakers, crypto investor Steve Bellotti sold his designer Mosman trophy home this week for more than $30 million, making it the second-highest house sale outside the eastern suburbs.
After closing the sale, Atlas’ Michael Coombs quickly moved his attention to another Mosman trophy home – the historic Georgian colonial-style house, Kirkoswald House, owned by businessman and environmentalist Rob Purves.
The historic Kirkoswald House is one of Mosman’s oldest residences.
Built in 1873 for insurance broker and banker Joseph Willis on what was originally 120 hectares, it ended up in the hands of receivers in the early 1990s when bought by Purves for $1.855 million.
Mike and Kerryn Baird sold their North Curl Curl home ahead of this weekend’s auction.Credit:
Mike Baird has swapped North Curl Curl’s clifftop for Freshwater.Credit:James Brickwood
Former premier Mike Baird and wife Kerryn have made quick work of selling their North Curl Curl home, securing a sold sticker this week ahead of this Saturday’s planned auction.
Clarke & Humel’s Cherie Humel and James Eyden declined to offer the result, but had a guide of $5.5 million, making a decent capital gain on the $3.6 million they paid for it in 2017 when he stepped down from the state’s top job.
The Bairds are off to their recently purchased $5 million duplex in Freshwater.
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