Hemsworth guru’s $13m pay day

Billionaire music industry pioneer Tom Misner has paid a record price for a Byron Bay dream home owned by a wellness guru to the stars.

Misner, who made his fortune after selling his audio engineering school SAE Institute for more than $300m in 2012, spends his time between Monaco and Australia.

And settlement records reveal he’s paid close to $12.9m ($12,869,290.00 to be exact) for ‘Cedar Hill’ at Newrybar.

That was owned by wellness coach James Duigan, who has reportedly counted Chris Hemsworth and a range of other celebrities including Zoe Kravitz, Rosie Huntington-Whiteley and Nigella Lawson among his clients, and his wife Chrissy.

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Cedar Hill, which is an award-winning eight-bedroom, eight-bathroom designer residence with pool on 2ha, is close by a luxury compound owned by Chris Hemsworth’s brother, Liam.

Cedar Hill had been on the market for several years.

Duigan clearly had stars in his eyes with his original expectations of $20m with different agents, before Sotheby’s gun Will Phillips clinched the recent deal.

The result was sufficient to secure the Newrybar record price, beating the previous record for a nearby home on a much larger 15ha block.

Phillips also has another home owned by Misner, a nine-bedroom Tuscan-inspired residence, in nearby Bungalow, listed for sale in an expressions of interest campaign.

He’s only owned that since last November, when he paid $15m — a record at the time.

That record was smashed in May, with Chemist Warehouse millionaire Brett Clark’s purchase of the equine estate Copperstone for $27.5m, previously owned by Tom and Emma Lane of the Oroton fashion empire.

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