Billionaire Clive Palmer and family in buying spree at The Sovereign Islands on the Gold Coast

Clive Palmer and family have reportedly been buying property again at their favourite haunt, the Sovereign Islands.

PALMER IN SOVEREIGN ISLANDS BUYING SPREE

CLIVE Palmer, the owner of a money tree, and family reportedly have been buying property again on favourite haunt the Sovereign Islands.

Clive Palmer and family is active on The Sovereign Islands again.

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They are the mooted buyers, for close to $10 million, of a home and multiple bare lots at the elite Paradise Point enclave, where the market for vacant land is tightening rapidly.

Chris Moyer, an agent who has sold Sovereign properties to billionaire Clive previously, didn’t respond last week to a query about the deals.

SECOND PALAZZO VERSACE PENTHOUSE SALE

A SECOND Palazzo Versace penthouse has sold for more than $6 million but hasn’t matched the record-breaking $6.45 million that developer Norm Jenkin achieved in November.

The latest seller’s car buff John Edwards and the penthouse is a middle-floor one below the home of recruitment queen Sarina Russo.

A second Palazzo Versace Gold Coast penthouse has sold for more than $6 million.

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It’s believed the latest sale, at $6.25 million, was handled by Kollosche agent Duncan Longmore, who sold the Jenkin property to Chemist Warehouse co-founder, Sam Gance.

NIKIFORIDES IN OCEANSIDE VILLA PLAN

WILLIAM Nikiforides, one of three sons of Oracle towers developer the late Con Nikiforides, might have villa project ambitions near the ocean at Mermaid Beach.

The 34-year-old developer, via company Nikko 3, has paid $1.44 million for a 427sq m site in Dudley St – one that apparently earlier had caught the eye of a member of Sunland’s Abedian family.

William Nikiforides, James Nikiforides and John Nikiforides.

William, in tandem with brothers James and John, is biding his time

over plans for apartments on a highway-front Mermaid site.