Latest news with #TomMisner
News.com.au
a day ago
- Business
- News.com.au
Hemsworth guru's $13m pay day
Billionaire music industry pioneer Tom Misner has paid a record price for a Byron Bay dream home owned by a wellness guru to the stars. Misner, who made his fortune after selling his audio engineering school SAE Institute for more than $300m in 2012, spends his time between Monaco and Australia. And settlement records reveal he's paid close to $12.9m ($12,869,290.00 to be exact) for 'Cedar Hill' at Newrybar. That was owned by wellness coach James Duigan, who has reportedly counted Chris Hemsworth and a range of other celebrities including Zoe Kravitz, Rosie Huntington-Whiteley and Nigella Lawson among his clients, and his wife Chrissy. Cedar Hill, which is an award-winning eight-bedroom, eight-bathroom designer residence with pool on 2ha, is close by a luxury compound owned by Chris Hemsworth's brother, Liam. Cedar Hill had been on the market for several years. Duigan clearly had stars in his eyes with his original expectations of $20m with different agents, before Sotheby's gun Will Phillips clinched the recent deal. The result was sufficient to secure the Newrybar record price, beating the previous record for a nearby home on a much larger 15ha block. Phillips also has another home owned by Misner, a nine-bedroom Tuscan-inspired residence, in nearby Bungalow, listed for sale in an expressions of interest campaign. He's only owned that since last November, when he paid $15m — a record at the time. That record was smashed in May, with Chemist Warehouse millionaire Brett Clark's purchase of the equine estate Copperstone for $27.5m, previously owned by Tom and Emma Lane of the Oroton fashion empire.
Sydney Morning Herald
4 days ago
- Business
- Sydney Morning Herald
Audio guru pays $12.9m for personal trainer to the stars' Byron spread
Music engineer pioneer Tom Misner, of SAE Institute, has emerged as the nearly $12.9 million buyer of Cedar Hill in Byron Bay's hinterland, breaking the suburb record in Newrybar. The Croatian-born businessman, who made his fortune selling his audio engineering school SAE Institute for about $300 million in 2010, purchased the eight-bedroom, eight-bathroom award-winning home and it settled under the company Byron Dream Holdings, of which he is a director. Misner purchased the two-hectare property from wellness guru and personal trainer to the stars James Duigan and his wife Chrissy. Duigan has trained the likes of supermodels such as Rosie Huntington-Whiteley and Elle Macpherson as well as Australia's own Thor actor Chris Hemsworth. Misner will be joining Chris' younger brother Liam Hemsworth, who is a Newrybar local. Liam is in the process of building his own luxury compound. The property sold through Will Phillips of Sotheby's International Realty Byron Bay, who declined to comment. It ends a multi-year campaign to offload the property and while it falls short of the initial $20 million asking price when it was first listed with a different agent, it has managed to reset the suburb record by almost $1 million. The previous suburb record was held by philanthropist Arvid Petersen who paid $12 million in 2021 for a five-bedroom house set on almost 37 acres. It's not the first time Misner has broken the record in the Byron shire as he is moving from his nearby Bangalow property, for which he paid a then-suburb record of $15 million for his Tuscany-inspired multi residence.
The Age
4 days ago
- Business
- The Age
Audio guru pays $12.9m for personal trainer to the stars' Byron spread
Music engineer pioneer Tom Misner, of SAE Institute, has emerged as the nearly $12.9 million buyer of Cedar Hill in Byron Bay's hinterland, breaking the suburb record in Newrybar. The Croatian-born businessman, who made his fortune selling his audio engineering school SAE Institute for about $300 million in 2010, purchased the eight-bedroom, eight-bathroom award-winning home and it settled under the company Byron Dream Holdings, of which he is a director. Misner purchased the two-hectare property from wellness guru and personal trainer to the stars James Duigan and his wife Chrissy. Duigan has trained the likes of supermodels such as Rosie Huntington-Whiteley and Elle Macpherson as well as Australia's own Thor actor Chris Hemsworth. Misner will be joining Chris' younger brother Liam Hemsworth, who is a Newrybar local. Liam is in the process of building his own luxury compound. The property sold through Will Phillips of Sotheby's International Realty Byron Bay, who declined to comment. It ends a multi-year campaign to offload the property and while it falls short of the initial $20 million asking price when it was first listed with a different agent, it has managed to reset the suburb record by almost $1 million. The previous suburb record was held by philanthropist Arvid Petersen who paid $12 million in 2021 for a five-bedroom house set on almost 37 acres. It's not the first time Misner has broken the record in the Byron shire as he is moving from his nearby Bangalow property, for which he paid a then-suburb record of $15 million for his Tuscany-inspired multi residence.
