Billionaire Clive Palmer is selling two of his luxurious waterfront mansions just days after his political party failed to gain a Senate seat in the federal election.
The properties are part of the Palmer family’s housing portfolio on the Gold Coast and are in the name of his son, Michael.
Both are at Sovereign Islands and were listed less than one week ago by experienced agent Chris Moyer from Professionals Vertullo Real Estate.
Sale history data online shows the King Arthurs Court home sold for $1.4m in April 2009.
It boasts five bedrooms, separate formal and informal living areas, separate media room, a large gourmet kitchen, a boat shed and an infinity pool on a huge 845sq m block.
“With its prestigious address, ever-present connection to water and huge potential, there’s so much to love about this warm and welcoming home,”
Mr Moyer wrote in the ad.
“Enjoying long water vistas across the wet edge pool and anchored just off the Broadwater, the well-conceived floorplan provides the opportunity to modernise this property to the standard of surrounding homes.
“Space is plentiful with multiple living zones, including an open plan lounge and dining area that offers easy access to the alfresco entertaining terrace.
“Boaties will also appreciate the protected pontoon, the large waterside boat shed and the quick bridge free access.”
The second home on King Charles Drive was last sold in January 2012 for $1.3m.
It is a slightly smaller 700sq m block but equally impressive, with four spacious bedrooms, two living areas, a waterside pool and floating pontoon.
“This classic contemporary residence combines a dress circle location with timeless design to offer the waterfront lifestyle you’ve been dreaming of,” Mr Moyer wrote.
“The well-conceived floor plan is expansive yet practical, with both intimate and large scale spaces coming together to create a relaxed and private environment.
“Boasting multiple living and entertainment areas, a large alfresco terrace, gourmet kitchen, four bedrooms, canal-side pool and a sheltered water frontage, this is truly a great family home.”
Article source: www.theaustralian.com.au