Opportunity for the shrewd and well heeled positioned buyer looking for a unique project. (Possible vendor terms and trades.)
Please consider this 120 square original mansion situated on beautifully established and treed 4.3 acres (1.75hectares) situated just 8 minutes to Broadbeach beach, Pacific Fair International standard shopping centre, MI motorway connection and a City train station to Brisbane. 5 bedrooms/ 3separate living areas/6 bathrooms. Full sized North Sized tennis court/25m inground pool Wine cellar/home theatre/excellent living separation/workshops Home office/A.C /Intercom/10ft ceilings/4 car garage/much storage. A huge 103m of PRIMEST north facing Nerang River- widest water views I have seen.
The choice is yours -
You can renovate this palatial style grand mansion to today standards and beyond and it would be worth it as the property does has that regal feel which would be retained by the right architect doing the right high quality refurbishment- Spend around $1m and you should have it done.
Then you can build another new Mansion of grand proportions on the main river frontage spare block on this private estate. Tennis court could be shared by same family as could a new helipad if desired. Again the right architect could match the look and feel of these properties to help create and private family/corporate retreat minutes from all the attractions of Surfers Paradise including Casino, theme parks, many shopping centres and world-class golf and sporting clubs yet only 25 minutes to International airport.
Or you can demolish and go a for subdivision of around 4 or more seriously large riverfront blocks each with room for pools and tennis courts and all capable of taking individual mansions which would prove to be terrific investments mid- term and beyond. This is truly the last of the last of this type of old family estates remaining. Why not get a family together and all build homes to create the secure private family enclosed estate that this position deserves.
Realistic seller now has extensive interests in North Queensland and wants it sold and will assist with high quality trades both commercial and residential and even part seller finance on reasonable terms to assist the right buyer take this on- ask agent for confidential full details.