Westfield fortune

Heiress of billionaire Westfield fortune snaps up six neighbouring properties

PHOTO: Ms Klimenko bought her first double-block property in Vaucluse in 2007 and began buying up houses when her sons began to move away

The adopted heiress of the Westfield fortune has bought six properties in an elite Sydney suburb so she can keep her family close to her.

Betty Klimenko, who is a businesswoman and the owner of the Erebus Motorsport SuperCars racing team, says she now has an ‘acre of land’ after snapping up the pieces of prime real estate at Vaucluse, in Sydney’s eastern suburbs.

Two of her three sons live in adjoining properties and Klimenko has already laid out plans to turn the new houses into a family guesthouse and a grandchildren’s retreat.

She also plans to install an outdoor toilet housed in an English phone box on the lawn.

‘I wouldn’t say it is the world’s most expensive property but it has nice views, with the ocean on one side and the harbour the other,’ she said.

Ms Klimenko is the adopted daughter of the late John Saunders, who co-founded the world’s largest shopping centre chain, Westfield.

Betty Klimenko said she now has an 'acre of land' after snapping up the pieces of prime real estate at Vaucluse, in the eastern suburbs

Betty Klimenko said she now has an ‘acre of land’ after snapping up the pieces of prime real estate at Vaucluse, in the eastern suburbs

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