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Billionaire pays about $20m for second pad in Crown Towers Sydney

Billionaire pays about $20m for second pad in Crown Towers Sydney

Techie billionaire Robin Khuda and his wife Melea have bought another pad in Barangaroo's Crown Towers for between $20 million to $21 million, local sources say, in the latest addition to their burgeoning multimillion-dollar property portfolio.
The luxury three-bedroom, four-bathroom unit on one of the highest levels of the building takes the value of the couple's residential real estate assets, which are dotted mostly north of the bridge, to more than $90 million.
With commanding trophy northern aspect views of the harbour and Meyer Davis design, the 235-square-metre home oozes Manhattan luxury in the middle of Sydney's CBD.
Robin, who is the founder and chief executive of data centre business AirTrunk, and his wife emerged as the buyers after lodging a caveat through a company of which they are both directors. It sold through Tasman Fallshaw of City Living, who declined to comment when contacted.
It seems to be an upgrade for the couple, as they are selling a smaller unit on a lower floor with a price guide of $11.5 million through Monika Tu of Black Diamondz Property Concierge. The Khudas purchased that two-bedroom, two-bathroom unit for $10.7 million in 2021.
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Listed at number 109 on The Australian Financial Review 's Rich List, Robin has an estimated wealth of $1.5 billion, which increased 36.3 per cent last year as he still owns 12 per cent of AirTrunk.
The purchase of the luxury apartment in the Crown Residences comes after Robin's billionaire status was cemented at the end of last year when the world's largest alternative asset manager Blackstone, which also owns Crown Resorts, purchased AirTrunk to the tune of $24 billion – the largest data-centre deal globally and largest corporate transaction in Australia in 2024.
The Khudas purchased the home from Carole Meers, the wife of former Sydney lord mayor, philanthropist and pub investor Nelson Meers AO, who passed away in 2022. The couple purchased the property off the plan for $17.5 million.
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Billionaire pays about $20m for second pad in Crown Towers Sydney
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Billionaire pays about $20m for second pad in Crown Towers Sydney

Techie billionaire Robin Khuda and his wife Melea have bought another pad in Barangaroo's Crown Towers for between $20 million to $21 million, local sources say, in the latest addition to their burgeoning multimillion-dollar property portfolio. The luxury three-bedroom, four-bathroom unit on one of the highest levels of the building takes the value of the couple's residential real estate assets, which are dotted mostly north of the bridge, to more than $90 million. With commanding trophy northern aspect views of the harbour and Meyer Davis design, the 235-square-metre home oozes Manhattan luxury in the middle of Sydney's CBD. Robin, who is the founder and chief executive of data centre business AirTrunk, and his wife emerged as the buyers after lodging a caveat through a company of which they are both directors. It sold through Tasman Fallshaw of City Living, who declined to comment when contacted. It seems to be an upgrade for the couple, as they are selling a smaller unit on a lower floor with a price guide of $11.5 million through Monika Tu of Black Diamondz Property Concierge. The Khudas purchased that two-bedroom, two-bathroom unit for $10.7 million in 2021. Loading Listed at number 109 on The Australian Financial Review 's Rich List, Robin has an estimated wealth of $1.5 billion, which increased 36.3 per cent last year as he still owns 12 per cent of AirTrunk. The purchase of the luxury apartment in the Crown Residences comes after Robin's billionaire status was cemented at the end of last year when the world's largest alternative asset manager Blackstone, which also owns Crown Resorts, purchased AirTrunk to the tune of $24 billion – the largest data-centre deal globally and largest corporate transaction in Australia in 2024. The Khudas purchased the home from Carole Meers, the wife of former Sydney lord mayor, philanthropist and pub investor Nelson Meers AO, who passed away in 2022. The couple purchased the property off the plan for $17.5 million.

Billionaire pays about $20m for second pad in Crown Towers Sydney
Billionaire pays about $20m for second pad in Crown Towers Sydney

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time16-05-2025

  • The Age

Billionaire pays about $20m for second pad in Crown Towers Sydney

Techie billionaire Robin Khuda and his wife Melea have bought another pad in Barangaroo's Crown Towers for between $20 million to $21 million, local sources say, in the latest addition to their burgeoning multimillion-dollar property portfolio. The luxury three-bedroom, four-bathroom unit on one of the highest levels of the building takes the value of the couple's residential real estate assets, which are dotted mostly north of the bridge, to more than $90 million. With commanding trophy northern aspect views of the harbour and Meyer Davis design, the 235-square-metre home oozes Manhattan luxury in the middle of Sydney's CBD. Robin, who is the founder and chief executive of data centre business AirTrunk, and his wife emerged as the buyers after lodging a caveat through a company of which they are both directors. It sold through Tasman Fallshaw of City Living, who declined to comment when contacted. It seems to be an upgrade for the couple, as they are selling a smaller unit on a lower floor with a price guide of $11.5 million through Monika Tu of Black Diamondz Property Concierge. The Khudas purchased that two-bedroom, two-bathroom unit for $10.7 million in 2021. Loading Listed at number 109 on The Australian Financial Review 's Rich List, Robin has an estimated wealth of $1.5 billion, which increased 36.3 per cent last year as he still owns 12 per cent of AirTrunk. The purchase of the luxury apartment in the Crown Residences comes after Robin's billionaire status was cemented at the end of last year when the world's largest alternative asset manager Blackstone, which also owns Crown Resorts, purchased AirTrunk to the tune of $24 billion – the largest data-centre deal globally and largest corporate transaction in Australia in 2024. The Khudas purchased the home from Carole Meers, the wife of former Sydney lord mayor, philanthropist and pub investor Nelson Meers AO, who passed away in 2022. The couple purchased the property off the plan for $17.5 million.

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