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What next for Point Piper’s ‘Bang & Olufsen’ house?

Summary by Ground News
The Bang & Olufsen house last traded in 2013 for $33.5 million. The waterfront property, nicknamed by Elton John given its resemblance to a high-tech stereo, was last sold in 2013 by Seven commercial director Bruce McWilliam to a beneficial trust fronted by Shandong Ruyi's former Australian boss Tony McKenna. The Qiu family is rumoured to be planning a quiet exit from the landmark Sydney house.

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Sydney Morning HeraldSydney Morning Herald
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What next for Point Piper’s ‘Bang & Olufsen’ house?

The former owners of Australia’s largest cotton farm, Cubbie Station, look to be making a ‘quiet exit’ from their other significant Australian property.

·Sydney, Australia
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Sydney Morning Herald broke the news in Sydney, Australia on Friday, June 3, 2022.
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