Brisbane’s most expensive home sells again for close to $18m

first_imgThis property at 1 Leopard St, Kangaroo Point, has sold for close to $18m.THE most expensive home ever sold in Brisbane has changed hands again for close to $18 million.Three years after setting a new record for a residential property sale in the city, the clifftop mansion at 1 Leopard St, Kangaroo Point, is believed to have been snapped up by a local buyer.Heath Williams of Place New Farm, who was the listing agent along with colleague Judy Goodger, declined to comment when contacted by The Courier-Mail, citing confidentiality reasons, but it is understood the property sold for close to the $18 million asking price.The infinity-edge pool overlooking the cliffs at 1 Leopard St, Kangaroo Point.The riverfront trophy home fetched $18.48 million when it last sold in March 2017, but the new, albeit lower, sale price is enough for the property to maintain top position as the highest amount paid for a residential property in the city.The sale smashed Brisbane’s sale record at the time of $14 million, which was set when Australia’s richest person Gina Rinehart bought a home at Aaron Ave, Hawthorne, in 2014.The second highest residential sale in Brisbane was achieved late last year when the Tennyson home of Brisbane Broncos chairman Karl Morris fetched $17.6 million.The property at 1 Leopard St, Kangaroo Point, offers uninterrupted views of the city skyline.Chinese owners Huihui Zhai and Zijian Zheng bought the Leopard Street property off City Motor Auction Group boss Angelos Russo and his wife, Sandra.Mr Zheng told The Courier-Mail at the time of listing in May last year that a change in circumstances meant the time had come to sell.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:56Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:56 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThe dream beachside family home!01:56“What we’ve loved about the home is the stunning 180 degree views that capture the city, river and beyond,” Mr Zheng said.“It has been one of our favourite places to live and we’re sad to be selling, however we have moved overseas for work purposes.”Inside the opulent home at 1 Leopard St, Kangaroo Point.The house spans three levels and sits on an 1184 sqm block with almost 72 metres of uninterrupted views of the city skyline.The six-bedroom home was designed by Greg Harris, has 1445sq m of living space and marble flooring imported from Greece in the living and entertaining areas.But the opulence doesn’t end there.The kitchen in the home at 1 Leopard St, Kangaroo Point.Other features include an internal lift, a gym, a cinema, a steam room, a climate-controlled wine cellar, a teppanyaki grill and a wood-fired pizza oven.There is also an infinity lap pool and spa running along the cliff edge.Speaking during the campaign, Mr Williams said he had received multiple cash offers above $15 million for the property from locals, expats and interstate buyers.The deck and barbecue area of the property at 1 Leopard St, Kangaroo Point.“There’s no comparison to the view,” Mr Williams said.“It really is one of a kind.”Mr Williams said Brisbane’s prestige property market represented “amazing value” compared to its Sydney and Melbourne peers.Even the bathroom has a stunning view.The top end of the market in Brisbane has already had a strong start to the year, with a number of big sales including Cintra House at 23 Boyd St, Bowen Hills, which sold for close to $7.5 million.BRISBANE’S BIGGEST HOME SALES1. 1 Leopard St, Kangaroo PointVendor: Anthony RussoCurrent owner: Huihui Zhai and Zijian ZhengSale price: $18.48m (before current sale)Sold: March 2017The view from one of the decks on the property at 1 Leopard St, Kangaroo Point.2. 1 King Arthur Tce, TennysonVendor: Karl Morris, Brisbane Broncos chairmanCurrent owner: Canstuct International CEO Rory MurphySale price: $17.6mSold: October 2019This property at 1 King Arthur Tce, Tennyson, recently sold for $17.6m.3. 250/1 Newstead Tce, NewsteadVendor: MirvacCurrent owner: Howard StackSale price: $14.25mSold: June 2008A penthouse in this apartment building at 1 Newstead Tce, Newstead, sold for $14.25m in 2008.4. 46-48 Aaron Ave, HawthorneVendor: Gregory and Alwyne NunnCurrent owner: Gina Rinehart’s company Wingfield Ave Pty LtdSale price: $14mSold: August 2014(Note: Records show the property was transferred into Gina Rinehart’s name in 2017 in a ‘beneficial interest’ transaction, valuing the property at $18.5m)This sale of this riverfront Hawthorne property set a Brisbane price record when it sold to Gina Rinehart for $14m in 2014.5. 33B Harbour Rd, HamiltonVendor: Hamilton Stage 2 Pty LtdCurrent owner: Naiqi DuanSale price: $11.8mSold: April 2015This property at 33B Harbour Rd, Hamilton, is back on the market after selling for $11.8m in 2015.6. 39 Eldernell Tce, HamiltonVendor: The Corporation Of The Synod Of The Diocese of BrisbaneCurrent owner: John and Susan GeorgeSale price: $11.2mSold: April 2007This mansion known as ‘Farsley’ at 39 Eldernell Tce, Hamilton, sold for $11.2m in 2007.7. 106-110 Virginia Ave, HawthorneVendor: Arrow Energy chief executive Shaun ScottCurrent owner: Good Price Pharmacy Warehouse founder Anthony YapSale price: $11.13mSold: May 2018This property at 106-110 Virginia Ave, Hawthorne, fetched $11.13m in 2018.8. 27 Sutherland Ave, AscotVendor: Dominos Pizza CEO Don MeijCurrent owner: Glenn RutherfordSale price: $11mSold: January 2018This property at 27 Sutherland Ave, Ascot, sold for $11m in 2018.9. 21 Sykes St, AscotVendor: Noeleen and David MorganMore from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoCurrent owner: Emma KehoeSale price: $10.4mSold: February 201510. 33A Harbour Rd, HamiltonVendor: Karen TysonCurrent owner: Lorna Jane founder Lorna Jane ClarksonSale price: $10.3mSold: September 2010Fitness guru Lorna Jane bought a home in Harbour Rd, Hamilton, for $10.3m in 2010. Photo: AAP/Megan Slade.11. 14 Sutherland Ave, AscotVendor: Helen and Andrew GriffithsCurrent owner: Linda and Christopher MiersSale price: $10.2mSold: June 2014This house at 14 Sutherland Ave, Ascot, is back on the market after selling for $10.2m in 2014.12. 36 Dickson Tce, HamiltonVendor: Soo Hian BehNew owner: Hotelier Steven ShoobridgeSale price: $10.138mSold: December 2017This house at 36 Dickson Tce, Hamilton, was the former home of Christopher Skase and last sold for $10.138m in 2017.13. 128 Crosby Rd, AscotVendor: Brett WalkerCurrent owner: James and Kathryn CampbellSale price: $8.8mSold: September 2017This home at 128 Crosby Rd, Ascot, last sold for $8.8m in 2017.14. 102 Virginia Ave, HawthorneVendor: Nicola and John BriggsCurrent owner: Wendy ThorsenSale price: $8.6mSold: September 2016This property at 102 Virginia Ave, Hawthorne, sold for $8.6m in 2016.15. 980/1 Newstead Tce, NewsteadVendor: MirvacNew owner: Peggy FlannerySale price: $8.55mSold: May 2011(Source:, CoreLogic; based on reported home sales)last_img read more