PHOTO: Mike and Annie Cannon-Brookes moved to the Southern Highlands a year ago where they have amassed a $70 million property portfolio.
Tech entrepreneur Mike Cannon-Brookes’s property binge on Southern Highlands real estate shows no signs of abating given he has bought the Think Big Stud from the estate of the late Malaysian billionaire and global property magnate Dato Tan Chin Nam.
Despite paying $15.25 million for one of the region’s top thoroughbred horse studs, don’t expect to see the billionaire co-founder and co-chief executive of software giant Atlassian start taking an interest in the trackside antics at next week’s Melbourne Cup.
A well-placed source says the 120-hectare property that has previously lay claim to two Cox Plate winners, four Melbourne Cup winners and two Caulfield Cup winners will no longer be for horse breeding or racing, but instead for regenerative agriculture efforts like his other Southern Highlands farms.
Think Big Stud was formerly known as Inverness Stud when sold by Jack and Sue Woolridge in 2006 for $3.5 million, and Dato Tan expanded the Burradoo operation by buying adjoining 40-hectare properties in 2010 for $3.2 million and 2011 for $3.4 million on the winnings of horse races.
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