Elite AgentIndustry NewsQLDReal Estate Industry News

Kevin Rudd has bought Pat Rafter’s former $17m Noosa mansion

While a lot of Aussies assumed we’d be watching week two of Wimbleton at the moment, nobody could have predicted that it would be Kevin Rudd serving up the aces.

The mystery buyer for the $17m Noosa mansion, original built for Aussie tennis legend Pat Rafter, has been revealed as none other than Therese Rein, the wife of the former PM.

The pair got themselves a bargain, too, paying $3m below asking price for the breathtaking property, which had been on the market since last November.

Life’s a beach for Rudd and Rein

In a statement released through Rudd’s office, Ms Rein says she is pleased to invest again in Australia.

“While Kevin was in office, we had to invest overseas to avoid conflicts of interest,” Ms Rein explains.

“We’ve now mostly brought those investments back home to Australia.

“Now is exactly the time for Australian investors to show the confidence to invest in their local communities if they’re able to do so.”

Rudd grew up on the Sunshine Coast, so the purchase represents somewhat of a homecoming for him.

“Therese and I want to be here on the Sunshine Coast because it’s our community and we love it. It’s where I grew up and it has a really bright future.”

Show More
Back to top button