Domino’s Pizza boss Don Meij has sold his home in Eldernell Tce, Hamilton.
Fresh off a 70-store shake-up of the Domino’s business, the man behind much of the growth of the ASX-listed firm has also bitten the bullet on a buyer for his own hillside home.
Don Meij, the Brisbane-based CEO of Domino’s Pizza Enterprises, has had his home on Brisbane’s Hamilton Hill on the market since February, when it was initially listed at expressions of interest around $10m-plus, according to property records.
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Mr Meij bought the home the year after his 30th anniversary in the industry, having started as a delivery driver in 1987. Picture: NCA NewsWire/Tertius Pickard
Domino’s Pizza boss Don Meij put his home in Eldernell Tce, Hamilton, on the market in February this year.
That changed a day after Mr Meij made his June 13 ASX announcement that the firm was closing Domino’s Denmark and either selling off or closing 65 to 70 underperforming corporate stores to provide annualised savings of as much as $59m to the business.
On June 14, the triple storey home at exclusive Eldernell Terrace in Hamilton was listed as being open to offers over $8m, and is now showing as being under contract on realestate.com.au.
Mr Meij has held the property – which is believed to have sold in the mid-$8m range – since February 2018 when he paid $7.25m for the home. The home was bought a year after his 30th anniversary in the industry, starting as a delivery driver with Silvio’s Dial-a-Pizza in 1987, which evolved into Domino’s Pizza, and then became the country’s first publicly listed pizza firm in 2005.
He bought the property for $7.25m on February 11, 2018.
The home is spread out across three levels and has dual street entrances.
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The five bedroom, four bathroom home sits on a 910sq m block on the hillside overlooking the Brisbane River, with panoramic views across to the city skyline.
Place Ascot agent Patrick McKinnon listed the home as having a kitchen with top of the range Gaggenau, Sub-Zero and Miele appliances, dedicated outdoor zones with built-in Zieglar Brown barbecues, a secure wine cellar and cold room plus a bar area with ice machine and bar fridge, as well as its own basketball court.
The home sits amid some of the most expensive real estate in Brisbane on Hamilton Hill.
The property has multigenerational living options with a self-contained flat having its own entrance.
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Mr McKinnon has said it was a privilege to sell such an elegant home.
“We had around 60 groups through the property, multiple offers.”
The home has a dedicated office, separate study and gym, as well as a self-contained lower level with its own separate entry, perfect for multi-generational living.
The home’s garage accommodates four vehicles, and has its own Tesla Powerwall and Tesla and Porsche car charging station.
Domino’s shares closed Friday at $43.48, dropping -1.136 per cent.
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The post Domino’s head Don Meij’s luxury Brisbane home sold appeared first on realestate.com.au.
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