NewsBite

‘I love Gold Coast property’: Clive Palmer on $28m beachfront buy

Bonnie Campbell
Bonnie CampbellLuxury property reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
Bonnie Campbell is the luxury property reporter at The Australian Financial Review Email Bonnie at bonnie.campbell@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/i-love-gold-coast-property-clive-palmer-on-28m-beachfront-buy-20240221-p5f6od