'We love it': Inside Rudd's new $17 million mansion

Anastasia Santoreneos
·1-min read
Kevin Rudd has been revealed as the buyer of Pat Rafter's former $17 million Noosa pad. Source: Getty/Realestate.com
Kevin Rudd has been revealed as the buyer of Pat Rafter's former $17 million Noosa pad. Source: Getty/Realestate.com

Former Prime Minister Kevin Rudd and his wife Therese Rein have been revealed as the mystery buyers of former tennis player Pat Rafter鈥檚 home, which they purchased for a whopping $17 million back in May.

The beachfront Sunshine Coast property boasts seven bedrooms, and was snapped up by Betty鈥檚 Burgers & Concrete Co founders David Hales and wife Louise in 2018 for $15.2 million.

The pair reportedly hoped to get $20 million for the property at Sunshine Beach, but settled for the $17 million sale to Rudd, the AFR reported.

Source: Realestate.com
Source: Realestate.com

The house is H-shaped, and was designed by architect John Burgess. It boasts a 12-metre pool, a three-car garage, a home theatre room and a climate-controlled cellar.

Rudd鈥檚 wife Rein said the purchase was in a bid to invest back into Australia.

"We鈥檝e made a conscious decision to bring our investments home to Australia," Rein said.

"While Kevin was in office, we had to invest overseas to avoid conflicts of interest. We鈥檝e now mostly brought those investments back home to Australia."

Source: Realestate.com
Source: Realestate.com
Source: Realestate.com
Source: Realestate.com

Rudd, who is currently the president of New York-based think tank Asia Society, said he was pleased with the purchase.

鈥淚t鈥檚 our community and we love it," he said.

"It鈥檚 where I grew up and it has a really bright future."

Source: Realestate.com
Source: Realestate.com
Source: Realestate.com
Source: Realestate.com

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