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Entrepreneurs Tom and Emma Lane shut $9.2m Christmas deal on Coast pad

editor_team by editor_team
December 29, 2022
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Entrepreneurs Tom and Emma Lane shut $9.2m Christmas deal on Coast pad
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Entrepreneurs Tom and Emma Lane have offered their Hedges Ave condominium


BYRON Bay richlisters Tom and Emma Lane have offloaded their luxurious Gold Coast condominium for $9.2m, making a formidable $2m on resale of the newly accomplished sky house they bought lower than one yr in the past.

The entrepreneurial couple and founders of the favored northern NSW restaurant, The Farm, had listed the glamorous Mermaid Seaside condominium for a January public sale, however it was snapped up in a deal closed two days earlier than Christmas.

The Lanes paid $7.2m in February to safe their 513sq m sky house in Sunland Group’s 44-storey beachfront tower, named 272 Hedges Avenue, however have since resolved to maneuver their household to NSW’s Southern Highlands.

The luxurious condominium within the Sunland Group’s 242 Hedges Avenue tower.


The unit occupies the twenty seventh and twenty eighth flooring


The attention-watering resale value equates to $17,933 per sq m — trumping the file set within the tower in November, when a 318sq m unit modified arms for $5.5m, or $17,460 per sq m.

Commanding a front-row seat within the Gold Coast’s most prestigious oceanfront stretch of Hedges Ave — often known as Multimillionaire’s Row — the two-storey condominium has 4 ensuited bedrooms, three residing areas, a media room, and assertion spiral staircase.

A 132sq m wraparound balcony affords prolonged entertaining house, in addition to a great vantage level to absorb uninterrupted ocean views south to Coolangatta, and throughout to the Hinterland.

The master suite holds a main beachfront place, with its personal sitting space and free-standing tub within the ensuite.

Assertion spiral staircase


The sky house has 4 ensuited bedrooms and three residing areas


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Different options of the condominium occupying ranges 27 and 28 of the constructing embrace marble benchtops and a butler’s pantry within the kitchen, two basement carparks, and splendid finishes and fixtures all through.

Residents have entry to a concierge service and facilities together with an indoor lap pool and spa, steam room, sauna, plunge pool and therapy room, in addition to a shared kitchen, assembly room and performance space.

Tom and Emma Lane, pictured with TV presenter Catriona Rowntree, offered The Farm at Byron Bay in 2020


The condominium was marketed by Kollosche principal, Michael Kollosche, with agent Harry Kakavas.

Each Mr Kollosche and Mr Kakavas additionally personal items inside the growth.

Mr Kollosche and his spouse, Denise, bought a four-bedroom condominium for $6.5m in Might 2021, whereas Mr Kakavas splashed $5,473,036 for his three-bedroom digs in February, 2022.

Tom Lane is the grandson of the founding father of the Oroton vogue empire, Boyd Lane.



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