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The next round in the amazing downfall of fitness company F45

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Sydney’s picturesque seaside manor owned by F45 co-founder Adam Gilchrist will be hammered after the Australian fitness giant’s stunning fall. Gilchrist (not a cricketer), who stepped down as chief executive of F45 last week amid plummeting shares and company-wide layoffs, is selling his “waterfront trophy house” at Freshwater on Sydney’s north coast. The house, 52 Ocean View Rd, rose to prominence in 2018 when Gilchrist and his wife Eli purchased the property for $14 million due to a minor dispute with neighbors. Camera Icon F45 co-founder Adam Gilchrist will auction his home in northern Sydney. Clarke & Humel Credit: provided The couple had purchased a three-bedroom cottage at 50 Ocean View Rd for $5.4 million in 2017 and plan to spend $2.5 million developing the property. But neighbors complained that it didn’t match the building’s height or control limits, which led Gilchrist to take the extraordinary step of withdrawing his proposal and settling the issue by buying his ne

Amazing revelation in the spectacular fall of the fitness giant F45

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Sydney’s picturesque seaside manor owned by F45 co-founder Adam Gilchrist will be hammered after the Australian fitness giant’s stunning fall. Gilchrist (not a cricketer), who stepped down as chief executive of F45 last week amid plummeting shares and company-wide layoffs, is selling his “waterfront trophy house” at Freshwater on Sydney’s north coast. The house, 52 Ocean View Rd, rose to prominence in 2018 when Gilchrist and his wife Eli purchased the property for $14 million due to a minor dispute with neighbors. Camera Icon F45 co-founder Adam Gilchrist is selling his beautiful home on Sydney’s north coast. Clarke & Humel Credit: provided The couple had purchased a three-bedroom cottage at 50 Ocean View Rd for $5.4 million in 2017 and plan to spend $2.5 million developing the property. But neighbors complained that it didn’t match the building’s height or control limits, which led Gilchrist to take the extraordinary step of withdrawing his proposal and settling the issue by

REVEALED: Australia's biggest tax scam and its tricks

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Thousands of Australians have been duped for shrewd tax-related behavior with those in the building and construction sector topping the list. Aussies across the country made a total of 43,000 tip-offs to the Australian Tax Office (ATO) in the 2021-22 financial year, with businesses, customers, employees and members of the public picking up the phone to report suspected violators. Hairstyling and beauty services came second on the list, followed by cafes and restaurants, road transport, and related management advice and consulting services. More than 13,400 calls were made to ATOs in the state, followed by Victoria, 11,500, and Queensland, 9,200. While Sydneysiders are the main culprits, Australians in regional locations are also exposing their alleged local criminals. Sunshine Coast Hinterland and Cairns in Queensland, Wellington in Sydney and Wodonga and Mornington Peninsula in Victoria were among the top five regional locations for tip offs – nearly 7,000 calls came from people outsi

Why WA is bucking the national trend towards apartments

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As interest rates continue to rise, some real estate experts expect an increase in apartment sales across Australia due to the large gap between the average house and unit prices. The Reserve Bank last week increased its interest rate target by 50 basis points to 1.35 percent. It also increased the interest rate on the exchange’s settlement balance by 50 basis points to 1.25 percent. James Kirkland, director of sales for national real estate agency Upside Realty, told NCA NewsWire that buyers’ borrowing power is dwindling and it’s being felt across the property market. Kirkland said he hopes the lifestyle apartments, which offer green space and amenities, will be seen as a viable alternative for those who can no longer afford a home. “Since March 2020, the value of the capital city unit has increased 9.8 percent, compared to 24.7 percent for houses, which makes it a more affordable option for the community,” he said. Camera Icon Lifestyle apartments, which offer green space and ameniti