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

More from Rajeev Saxena

New York All Set For The ‘Manhattan Cocktail Classic’ Event

The city of Manhattan in New York is all gearing up for...
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *