WESTPAC CEO, Gail Kelly Acquires $8.95 Million Mansion For Personal Use

Gail Kelly, the CEO of one of Australia’s biggest private banks, Westpac has reportedly finalized the purchase of a mansion worth $8.5 million after selling off her previous residence for $1.73 million. Ms. Kelly is known to be one Australia’s highest paid employee and for the year 2009, her annual income amounted to a whopping $10.6 million. Her all new house is the 2ha resort-style Terrey Hills mansion that she purchased in the month of November last year. This gorgeous luxury residence boasts of five-bedroom, five-bathroom along with five lock up garages, including a guest house.

Some of most modern and luxurious amenities of this ultra expensive mansion includes a heated indoor lap pool with views, a spa, floodlit tennis court and an Olympic-sized arena. The mansion can also be equipped with a helipad, subject to the approval of state council. Ms. Kelly’s newly acquired mansion went up for sale in the year 2008 with a tag of more than $10 million. Her previous residence, St Ives was brought by Ms. Kelly in September 1998 for $812,500 and has now changed hands to the owner of the Chatswood office of RAMS, Avinder Paul.

Via The Daily Telegraph

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