Latest news with #TomMisner
Sydney Morning Herald
2 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
2 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.
