Billabong founder Gordon Merchant is building a new beach “shack” in Angourie, NSW. The house will cost nearly AUS$12 million when it is completed and feature a five car garage, an open-air theatre beside the driveway and a full time caretaker. All that, and it’s still about half the price of Globe co-founder Stephen Hill’s place on the Goldie.
[Link: The Sunday Mail]