$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

TOWER SELLS OUT AMID FEARS OF BRISBANE APARTMENT GLUT

ALL 147 apartments at the $86 million Trafalgar Lane at Woolloongabba have settled following the tower's compl...

SPRINGBOARD TO REVEAL NATIONAL BUSINESS HEAVYWEIGHTS

POWERHOUSE Australian companies iVvy, Mentorloop and Canva all share a common thread. During their respective ...

QINGJIAN GROUP TAKES OVER SURFERS PARADISE DEVELOPMENT

GLOBAL development and construction giant Qingjian Group has taken control of the $107 million Northcliffe Residences...

ROBINA GROUP 'THE LOGICAL BUYER' IN $5 MILLION DEAL

THE Robina Group has re-invested in its own stomping ground, after acquiring the Robina Professional Centre for ci...

Related News

CONSUMERS MAINTAIN CONFIDENCE DESPITE SHOCKS

CONSUMER sentiment in Australia has held strong despite shocks that typically dent the appetite for spending, such as...

TOURISTS CASHED UP AND HEADING FOR AUSTRALIA

INTERNATIONAL tourists flocked to Australia in FY16 with the tourism industry growing three times faster than the ...

HOTCOPPER FLOAT SLAMMED AS 'CRAZY'

CUDECO founder Wayne McCrae (pictured) has ripped into share market discussion board HotCopper ahead of its IPO, s...

FROM THE TANK: GOOD OLD-FASHIONED BUSINESS STILL RELEVANT

BEING involved with Shark Tank and my friendship with startup guru Steve Baxter has inspired me to seriously engage w...

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