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Lachlan and Sarah Murdoch take over the $38.5 million Point Piper boathouses

Australia’s most expensive boathouse is being renovated.

The $38.5 million home in Sydney’s posh Point Piper neighborhood was purchased by Lachlan and Sarah Murdoch last year.

According to data from Woollahra Municipality, the old boathouse and the residential flat above it will be renovated with a wooden bridge over it.

Lachlan and Sarah Murdoch’s file development app will complete a $698,000 renovation on Australia’s most expensive boathouse after it was purchased for $38.5 million

According to Woollahra Municipality documents, the old boathouse and residential flat above it will be renovated with a wooden deck above it.

According to Woollahra Municipality documents, the old boathouse and residential flat above it will be renovated with a wooden deck above it.

According to the Sydney Morning Herald report, at least $698,000 in “changes and additions” is expected on the 200-square-foot site, with plans drawn up by Series A architect Kelvin Ho.

The couple, who have been married for 23 years, bought a $30 million superyacht called Istros in April.

Now in Sydney Harbour, the boat is moored near the Murdoch family’s $100 million Bellevue Hill property called Le Manoir.

The 43-foot ship is too big to sit at Point Piper’s docks, but with ideal crew rooms, the ship has plenty of room for tender, according to the Sydney Morning Herald.

The classic 42-metre Istros, rebuilt from 1954, was once from the sailor dynasty of Pappa.

In 2001, she won the first prize for the best restored ship at the Monaco Yacht Club Prada Classic Yacht Show.

But when it was salvaged, salvaged and rebuilt from a Maltese port in 2015, it fell into disrepair and was little more than a rusty carcass.

The interiors were redesigned “in the Scandinavian chic style of Van Geest Design,” according to Robb Report.

Spacious: The boat (pictured) will moor in Sydney Harbor, where it will dock near the $100 million Murdoch family's Bellevue Hill property called Le Manoir.

Spacious: The boat (pictured) will moor in Sydney Harbor, where it will dock near the $100 million Murdoch family’s Bellevue Hill property called Le Manoir.

The news came amid reports that Lachlan and his wife, 49, Sarah, and their three children – sons Kalan Alexander, 17, Aidan Patrick, 16 and daughter Aerin Elisabeth, 12 – are about to stay in Australia.

In April, the Sydney Morning Herald reported that the Murdochs “will be in Australia for years, not months, as originally thought.”

The family, headquartered in the Bellevue Hill complex, came to life in Sydney after Sarah was spotted with her children at the Royal Easter Show in Olympic Park.

In the city: The news came amid reports that Lachlan and his wife, 49, Sarah (right) are staying in Australia with their three children.

In the city: The news came amid reports that Lachlan and his wife, 49, Sarah (right) are staying in Australia with their three children.

The publication also confirmed that the Murdoch children are enrolled in Sydney schools.

While no reason was given for the family’s return to Australia, one report said it was the political climate in the United States that made the family decide to leave Los Angeles in favor of their Sydney home.

A source said: ‘The school communities here are very close and extend to the larger families, clubs and parties that everyone goes to.

“This Hollywood set is very pro-democracy.

“They’re usually big fundraisers for Biden, so you can imagine how things went when the father of one of his classmates was at the helm of the biggest anti-Biden machine in the country.”

Despite living for years in Los Angeles, where Lachlan was the Chief Executive Officer and CEO of Fox Corporation, the couple has always maintained their Bellevue Hill residence.

Local: The publication also confirms that Murdoch children are enrolled in Sydney schools

Local: The publication also confirms that Murdoch children are enrolled in Sydney schools

Source: Daily Mail

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