$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.


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