Two of Brisbanes Mega Mansions have hit the market with Place Estate Agents this week, just weeks after a Gold Coast residence set a new benchmark when it sold under the hammer for $24 million.
In Robertson, a 1.01ha estate owned by Australia's biggest shopping centre family is now going to Auction.
Initially listed for sale by negotiation, marketing agents Patrick McKinnon and Drew Davies decided to switch tack to capitalise on the big money swirling around for prestige properties, by taking the property to Auction.
Publicly-available property records show that Michael Fu, who has his postal address listed as Sunnybank Plaza, one of over 20 centres owned by the Fu and Lin families under their YFG Shopping Centres (Fu) and Trondage Enterprises (Lin) portfolios, is the owner of the grand digs. Michael is the son of Queensland rich-lister Gordon Fu.
The families have ownership of centres including Australia Fair on the Gold Coast and Toowong Village and Tower in Brisbane, plus a whole host of suburban shopping malls. YFG Shopping Centres is the largest private owner of shopping centres in Australia and only Westfield owns more centres.
The decision comes after 10 cashed-up buyers battled into the night for a Surfers Paradise tropical-style mansion rumoured to have hosted Hollywood royalty which recently sold under the hammer for $24 million.
The result smashed the previous auction record set in April when 130-year-old Amity in New Farm sold for $20.5 million.
While it is illegal to reveal an auction reserve in Queensland, the Robertson mansion rivals some of the biggest and most exclusive estate to hit the market in recent times.
Mr McKinnon said that high-end buyers were “enjoying” the competition and transparency of auctions, adding that nine out of the 10 buyers of the Surfers Paradise mansion had missed out.
“Hopefully, they may consider a move to Brisbane,” he said.
“You could be anywhere in the world at that estate.”
The sprawling residence has five opulent bedrooms, five luxe bathrooms, bespoke chandeliers, multiple living and dining zones, dual offices, a home theatre and an abundance of terraces and alfresco dining options.
There is also a championship-sized tennis court and a pool house that includes a 25m pool, spa and cold plunge pool, plus his and her bathrooms and kitchen facilities.
Fully-fenced, the property has manicured gardens, including Bluetooth-enabled water fountains.