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Atlassian’s Scott Farquhar sold the house next door to his cofounder for $130 million

  • Atlassian cofounder Scott Farquhar has sold his waterfront mansion, Elaine, next to his cofounder's house for $130 million.
  • Farquhar and his wife bought Elaine for $71 million in 2017 and had plans for its redevelopment, but objections from the neighbour may have influenced the sale.
  • The buyer, an unnamed local, could use previous redevelopment plans or take advantage of the site's zoning to build luxury apartments.
  • The sale not only brings a handsome ROI for Farquhar but also delivers $9 million in stamp duty to the NSW government.

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