BILLIONAIRE James Packer has splashed out $80 million on a sprawling Los Angeles mansion once owned by actor Danny DeVito.
The home includes seven bedrooms, an eight-car garage, a massive all marble kitchen and a resort-worthy outdoor swimming pool.
There is also a beauty salon, cigar room, extensive wine cellar and state-of-the-art private cinema, all spread across the nearly 2700 sqm property.
And the businessman got the pile of bricks for an absolute bargain.
The Sun reports Mr Packer purchased the Holmby Heights property for nearly $25 million below the asking price of $115 million.
This marks Mr Packer’s biggest property purchase since leaving Australia.
DeVito and his then-wife, actress Rhea Perlman, lived in the home 21 years before selling it in 2015 for about $27 million.
It was then bought by property developers, who sold it on to Mr Packer.
It’s believed Mr Packer decided several months ago to purchase a home in Los Angeles in order to be closer to his children, who live in California with their mother Erica Packer.
He had previously been renting a home owned by veteran actor Warren Beatty.
Earlier this year, Mr Packer resigned from the board of Crown Resort for mental health reasons.
Mr Packer is no stranger to pricey real estate deals. In 2015 he smashed the Australian record for a house sale when he sold his Vaucluse mansion La Mer for $70 million.
He also set a record in 2016 by splashing $60 million on a new Sydney apartment — breaking the Australian apartment price record.
According to Forbes, Mr Packer has a net worth of about $3.9 billion.