$20M TAG FOR SURFERS PENTHOUSE THAT WAS NEVER LIVED IN

Written on the 3 May 2012

$20M TAG FOR SURFERS PENTHOUSE THAT WAS NEVER LIVED IN

AN opulent Surfers Paradise penthouse is tipped to sell for an Australian record $20 million after being placed on the market by the owner just three months before its completion date.

Brisbane businessman Charlie Caltabiano says the luxury property no longer suits his lifestyle.

Caltabiano bought the sprawling, four-storey penthouse five years ago for $16.8 million. The price tag at the time was the highest paid in Australian for an apartment.

John Ashmore from Knobel and Davis Property Services and Karyn O'Dea from Varsity Lakes-Robina Ray White are marketing the property via an expressions of interest campaign that closes on June 15.

The sale has its own website named worldsbestpenthouse.com.

“It is a stunning and amazing property,” says Ashmore.

“You are not going to find anything like it on the Gold Coast or even Australia.”

The penthouse, 240m above Surfers Paradise beach, covers levels three levels of the Soul high-rise with total floor space of 1040sq m.

It includes a rooftop pool, spa and entertainment area and a private internal glass lift and staircase.

The master suite has a separate outdoor spa and retreat. There are six bedrooms, six car spaces and 24-hour room service available.

Caltabiano, is a director of Brisbane-based machinery rental company Forcecorp. He says he now has two young children and the apartment no longer fits his lifestyle.


Latest News

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN New...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter