A Toorak house that the independent school sold for $3.4m in 2020 to a developer has been rebuilt and relisted for $14.5m to $15.5m.
Home owners who assumed their solar panels would help cut the cost of their electricity have just received a surprise bill,and they’re outraged.
The 12-bedroom,18-bathroom estate with every mod con has found a buyer after more than a year on the market.
Property buyers could have made a 70 per cent capital gain in five years – if they picked the right time and place.
Two parties registered for the spacious luxury home with a rental return of $1300 a week and south-facing leafy views.
Three determined bidders fought “tooth and nail” for one of the Brisbane suburb’s last original Queenslanders.
The winners beat eight other parties for a family home at a heated auction that pushed well above the vendor’s reserve price.
After a decade of saving,even many higher-paid professionals would be short of their goals as property prices rose out of reach.
The founders of legendary venues such as Revolver,Cookie and the Toff in Town have extended their vision to their own home.