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Perth couple who imported rapid antigen tests buy $16.5million mansion

Couple who got rich importing rapid Covid antigen tests buy one of Australia’s most expensive mansions for $16.5 million

  • Perth couple buy big on ‘prestigious’ street after supplying rapid antigen tests
  • Matthew James Fry and his wife Anna bought the house for $16.5 million last month.
  • Mr. Fry secured a number of lucrative contracts to supply RAT to the country.

A couple who saw their fortunes soar thanks to rapid antigen tests have landed a lavish $16.5 million mansion on a “prestigious” street.

Matthew James Fry and his wife Anna Katarzyna Fry bought the 2,372-square-meter block in an affluent Perth suburb last month after their import business exploded during the pandemic.

The price of $16.5 million is the highest price paid for a house in Western Australia this year with the house located on one of Perth’s most expensive streets.

The three-story brick house (pictured) features Romanesque column features, was built in 1973, and has Roman-style themes throughout, including high arches and tall pillars.

The three-story brick house (pictured) features Romanesque column features, was built in 1973, and has Roman-style themes throughout, including high arches and tall pillars.

There is plenty of natural light in the house, with floor to ceiling windows and a grand sweeping staircase (pictured)

There is plenty of natural light in the house, with floor to ceiling windows and a grand sweeping staircase (pictured)

The spacious property (pictured) is located in one of Perth's most expensive suburbs

The spacious property (pictured) is located in one of Perth’s most expensive suburbs

The five-bedroom residential property that overlooks the Swan River was built in 1973, with Roman-style themes throughout, including high arches and tall pillars.

The three-story brick home features Romanesque columns, wrought-iron gates, and elegant light fixtures, including a gilded chandelier.

There is plenty of natural light with floor to ceiling windows facing the Swan River and a grand staircase near the front door.

The Battle Ax House was last sold in 1998 for $3.7 million, with the former owners attempting to sell the property later in 2017 for $15 million.

Mr. Fry’s company, AM Diagnostics, was the first Australian company to obtain clearance from the Therapeutic Goods Administration to supply rapid antigen test kits to the domestic market.

The company acquired contracts worth tens of millions of dollars to supply the country with much-sought product, including nasal swabs and oral fluid RATs.

The firm manufactures and distributes medical and diagnostic supplies to Allied Health professionals, the corporate sector and government.

It also distributes a variety of other health equipment, such as drug and alcohol tests, over-the-counter pregnancy tests, ear cleaning products, and incontinence pads.

The April purchase is a step up for the couple from the $400,000 piece of land they bought in 2014, where they built a five-bedroom house, 30km northeast of the Perth CBD.

AM Diagnostics manufactures and distributes diagnostic and medical supplies to Allied Health professionals, the corporate sector and government, including RAT oral fluid (pictured)

AM Diagnostics manufactures and distributes diagnostic and medical supplies to Allied Health professionals, the corporate sector and government, including RAT oral fluid (pictured)

The Battle Ax House (pictured) was last sold in 1998 for $3.7 million, with the former owners attempting to sell the property later in 2017 for $15 million.

The Battle Ax House (pictured) was last sold in 1998 for $3.7 million, with the former owners attempting to sell the property later in 2017 for $15 million.

AM Diagnostics (pictured) has acquired contracts worth tens of millions of dollars to supply the country with highly sought-after RATs, including nasal swabs and oral fluid kits.

AM Diagnostics (pictured) has acquired contracts worth tens of millions of dollars to supply the country with highly sought-after RATs, including nasal swab kits and oral fluids.

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