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A billionaire and his son have put their foot on reportedly Queensland’s largest residential development site sold in 20 years, paying $177 million.

A billionaire and his son have put their foot on reportedly Queensland’s largest residential development site sold in 20 years, paying $177 million.

Sydney’s industrial land boom has delivered a windfall profit for Financial Review Rich Lister Bob Ell family’s Leda Holdings, which has tripled its money in four years with the sale of an industrial site in south-west Sydney.

Sydney’s industrial land boom has delivered a windfall profit for Financial Review Rich Lister Bob Ell family’s Leda Holdings, which has tripled its money in four years with the sale of an industrial site in south-west Sydney.

Billionaire investor and developer Bob Ell has added to his already extensive industrial property empire after his Leda Holdings outlaid $57 million to buy a 4.68 hectare business park in Sydney’s north-west.

Billionaire investor and developer Bob Ell has added to his already extensive industrial property empire after his Leda Holdings outlaid $57 million to buy a 4.68 hectare business park in Sydney’s north-west.