‘I love Gold Coast property’: Clive Palmer on $28m beachfront buy
Billionaire Rich Lister and prolific property collector Clive Palmer has set a Gold Coast residential record with the purchase of a $28 million beachfront block on exclusive Hedges Avenue, a week after he purchased another Gold Coast beachfront for $16.95 million.
The $28 million Mermaid Beach deal was inked on Friday, with the billionaire and former politician set to take the keys from long-time owner and lotteries promoter David Kennedy, who began amassing the three-title compound in 2002.
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