$24m Glasshouse sale shines again after developer and agent smooth over commission dispute
The shine from selling a $24m penthouse dubbed “Queensland’s most expensive” was momentarily dulled by a tiff between the developer and a sales agent which left a six-figure commission hanging in the balance.
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The shine from selling a $24m penthouse dubbed “Queensland’s most expensive” was momentarily dulled by a dispute between the developer and a sales agent over its $400,000-plus commission.
Gold Coast agent Amir Mian told followers of his Instagram page he’d “sold and settled” the four-bedroom penthouse at Brisbane-based Spyre Group’s Glasshouse building at Burleigh Heads, back in February last year.
However, property records still listed it this week as being owned by 10 Goodwin Terrace, a company directed by Spyre directors Daniel Laruccia and Andrew Malouf.
So what’s happening? For his part, Mr Mian said he was unable to comment due to legal reasons, but did go as far as saying “I’m not happy”.
Mr Laruccia was audibly unhappy when questioned on the matter, saying he felt Spyre was the victim of a “smear campaign”.
Asked repeatedly if all agent commissions had been paid for Glasshouse, Mr Laruccia said “one’s in dispute”.
“I’ll write you a response for your article, I’ll write you an email,” he said.
But the following day – after being contacted by Citybeat – the parties appear to have reconciled, with Mr Mian saying they “don’t have a dispute”, and that he had been paid.
A statement from Spyre echoed the sentiment, saying Mr Mian had received a $419,000 commission for the sale. Both developer and agent declined to say when the payment was made.
Spyre’s statement added that the agent for the other Glasshouse penthouse, Nick Clydesdale of CBRE, had also pocketed his commission – a tidy $320,000.
Glasshouse has made headlines throughout its development, largely due to its breathtaking location on the Burleigh headland and for the luxurious largesse of its build – which includes walls made of fluted glass to capitalise on the view.
Initially slated for three huge apartments, the plans were altered to combine the two lower units to create a massive five-bedroom home.
Youthful shopper
Westfield Chermside is celebrating its 68th birthday on Saturday and it doesn’t look anything like its age.
Originally known as Chermside Drive-In Shopping Centre, it opened on May 31, 1957, as the first suburban-style shopping precinct in the Southern Hemisphere.
It was developed by Allan & Stark and included an Allan & Stark department store (later becoming Myer), a BCC supermarket, and 24 specialty shops.
The centre has expanded dramatically and is Australia’s third largest and is owned by ASX-listed Scentre Group.
Rainbow reward
Folks at The Star haven’t had a lot to be proud of in recent times, but they had reason to celebrate this week after receiving their first Platinum AWEI Award (Australian Workplace Equality Index) as a leader in LGBTQ+ inclusion.
The award recognised The Star’s strong commitment to creating a safe and inclusive environment for employees and guests across its properties at Brisbane, Sydney and the Gold Coast.
The Star also won the Joint 2025 Employer of the Year Award for the second consecutive year.
The Star Brisbane CEO Daniel Finch, executive sponsor of the group’s dedicated Proud@TheStar group, said: “Winning Employer of the Year for the second consecutive year reflects our ongoing commitment to being a leader in LGBTQ+ inclusion and creating a workplace where every team member feels valued and respected.” Bravo.