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Chloe’s landlord sold her home to a billionaire. Then she was told to leave
Australia🏛️ PoliticsLean Progressive4 hr. ago

Chloe’s landlord sold her home to a billionaire. Then she was told to leave

Chloe Aldenhoven, a 37-year-old employee of a non-governmental organization, lived in a one-bedroom apartment at 5 Stonehaven Court in Toorak, Victoria, since October 2021. She paid $450 per week in rent and built a close-knit community with neighbors. On April 13, 2026, she received a notice from Shape Property Group, the property manager, requiring her to vacate by June 15, 2026. The notice cited the sale of the property to Cape Clairault Investments Pty Ltd, owned by billionaire Leonie Baldock and her sister Alexandra Burt, who are collectively valued at $7.86 billion. Public records reveal Baldock acquired the property in November 2021, which was previously listed for sale in October 2021. The sale was confirmed through public records, though the seller did not comment. Later, it was revealed that the new owner was the Bastas family, with Georgina Bastas purchasing the unit in May 2026. The Bastas family has invested over $174.6 million in the neighborhood, including a $124 million purchase of a high-value home named Coonac.

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The Age logoThe AgeIndependentCenter4 hr. ago
Chloe’s landlord sold her home to a billionaire. Then she was told to leave

Chloe Aldenhoven, a 37-year-old employee of a non-governmental organization, lived in a one-bedroom apartment at 5 Stonehaven Court in Toorak, Victoria, since October 2021. She paid $450 per week in rent and built a close-knit community with neighbors. On April 13, 2026, she received a notice from Shape Property Group, the property manager, requiring her to vacate by June 15, 2026. The notice cited the sale of the property to Cape Clairault Investments Pty Ltd, owned by billionaire Leonie Baldock and her sister Alexandra Burt, who are collectively valued at $7.86 billion. Public records reveal Baldock acquired the property in November 2021, which was previously listed for sale in October 2021. The sale was confirmed through public records, though the seller did not comment. Later, it was revealed that the new owner was the Bastas family, with Georgina Bastas purchasing the unit in May 2026. The Bastas family has invested over $174.6 million in the neighborhood, including a $124 million purchase of a high-value home named Coonac.

Bias read (Center): The article presents information about a housing dispute involving private property ownership and wealth disparity, but does not take a clear ideological stance. It reports on the sale of a rental property to wealthy individuals and the resulting eviction of a tenant, without overtly criticizing or颂

The Sydney Morning Herald logoThe Sydney Morning HeraldIndependentProgressive4 hr. ago
Chloe’s landlord sold her home to a billionaire. Then she was told to leave

Chloe Aldenhoven, a 37-year-old tenant in a one-bedroom apartment in Toorak, Australia, was forced to vacate her home after the property was sold to a billionaire investor. She had lived at 5 Stonehaven Court since 2021, paying $450 per week in rent. The property was purchased in November 2021 by Cape Clairault Investments Pty Ltd, a company linked to iron ore heiress Leonie Baldock, who is part of a wealthy family with ties to the mining industry. The property was later resold in May 2026 to Georgina Bastas, wife of pharmaceutical billionaire Dennis Bastas, who has invested heavily in the Toorak area, including purchasing the nearby mansion 'Coonac.' Under rental laws, property owners can require tenants to move out upon selling the property, giving them a specific timeframe to vacate.

Bias read (Progressive): The article highlights the displacement of a tenant due to the purchase of her rental property by billionaires, emphasizing the impact of wealth concentration on housing affordability and tenant rights. While the narrative remains factual, the focus on the power imbalance between private landlords/b

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