Nathan Tinkler’s mega-mansion set on a four hectare property just outside Brisbane, has been relisted.
Rebecca Tinkler bought the property in 2007 for $5.2 million from Brad Sugars. It’s among several trophy homes owned by the Tinkler family.
“All serious offers considered,” the advertising by First National Bayside agent Peter McDonald says.
It hit the market in May 2013, but withdrawn from marketing around September last year.
Offers have been made at $3 million plus, but not yet at $4 million plus.
The seven-bedroom, five-bathroom Pullenvale home is nestled in the hills 15 kilometres west of Brisbane.
It has a resort-style spa and pool with two waterslides and a poolside bar.
There is a floodlit champion size tennis court and a private golf green at the front of the four hectare block.
There are also stables and paddocks for a number of horses.Tinkler has spread his collection of sports memorabilia and Hollywood minutia around the timber-floored house.
Tinkler currently retains homes at Merewether in the Newcastle beachside precinct and his $11.5 million oceanfront mansion on Sapphire Beach, Noorinya.
Noorinya sits at the top of the list of Nathan Tinkler’s private property assets.
The mining magnate smashed the mid north coast record in 2008 when he purchased Noorinya, on a Sapphire Beach headland, for $11.5 million from Microsoft pioneer Jaybe Ammons.
Noorinya, with 1.8 hectares of private headland, comes with lap pool and a secluded beach.
The following year Stockland’s David Pitman and ABN Amro’s Simon Perrott purchased oceanfront properties from developer Barry France on the next headland along at Sapphire Beach.
Ammons and his wife, Shelly, had spent about $2.75 million on the site amalgamation, including a $1.85 million purchase from the late hospital industry operator Paul Ramsay in 1999. Locals say the family used it regularly during the early years of ownership, but not much recently since the family relocated from their Newcastle base to Singapore.
Tinkler retains his Merewether holding, a two-block 1,587-square-metre amalgamation overlooking Bar and Dixon Park beaches, which cost an $8.8 million total in 2008. It’s been in limbo since a development application for a six-bedroom Rosie Stollery-designed compound overlooking Dixon Park Beach was approved in June 2011.
And there’s suggestions there’s actually been an off market sale of the Merewether holding, although that will need to first dispense with the March 2014 caveat by the Office of State Revenue before any settlement.
The properties have been mortgaged to New York-based investment bank Jefferies.
Original article published at www.propertyobserver.com.au by Johnathan Chancellor 21/5/2014