Busways founder Dick Rowe’s Avalon Beach home sold for $11m

3 weeks ago 10

The long-time Northern Beaches home of Busways founder Dick Rowe has been sold for $11m. The Morgan family of Whale Beach are set to emerge as the $11m buyers of the Avalon home of Busways founder Dick Rowe. Having bought the land in the 1960s for £4100, Rowe lived in the home from its 1973 construction until his death aged 100 in 2024. He established Rowes Bus Service in 1942 when he was 17. Rowes Bus Service became Australia’s largest family-owned bus company. MORE: Jackie O’s cunning $30m exit plan amid Kyle payout North facing. Great views. Inside the home. The living room. The north-facing home is one of only four fronting the ocean and is in a tightly held cul-de-sac. The six-bedroom, four-bathroom home with four-car garage and room for two more cars on the driveway at 2 Surfside Ave has 180-degree views across the full arc of Avalon Beach, level access from the road. Jonothan Gosselin, of L.J. Hooker Avalon, said potential buyers inspecting the home during opens valued its private, sunny position. MORE: How David Jones signed its own death warrant Richard Rowe founded the bus company in 1942 at the age of 17, before later changing the name to Busways. The home has two living...

Read Entire Article