Gold Coast business and development: developer Ron Bakir’s $9.5m Chevron Renaissance penthouse back on the market

An apartment owned by one of the city’s biggest developers, that for three years held the price record for a Gold Coast penthouse, is back on the market. STORY AND MORE BUSINESS GOSSIP>>

Businessman Ron Bakir sold his Chevron Renaissance penthouse for $9.5 million, setting a new Gold Coast record in 2018. Photo: Supplied

• COOMERA DEVELOPMENT CANNED OVER KOALAS
• $100M OF DEVELOPMENT PLANNED IN GC NORTH

THE Surfers Paradise apartment that for three years held the price record for a Gold Coast penthouse is back on the market.

Developer Ron Bakir sold the Chevron Renaissance property to semi-retired technology company founder Kevin Chatfield and wife Vicki for $9.5 million in early 2018.

This time around the 918sq m ‘pad’ is being sold by expressions of interest through Tolemy Steven, an agent who re-set the record in May with a $15.25 million deal on the Soul penthouse.

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Businessman Ron Bakir sold his Chevron Renaissance penthouse for $9.5 million, setting a new Gold Coast record, in 2018. Photo: Supplied

* CHRISTINA Quinn, on an investment path since splitting with VIP Foods-Darrell Lea hubby Tony in 2016, is joining the Palm Beach development flurry.

She’s spent $6.2 million assembling a beachfront holding in Jefferson Lane and is chasing the green light for a nine level-building with eight apartments and two basements serviced by carlifts.

Christina, 64, and the owner of a $10 million-plus Sanctuary Cove house, operates from atop a five-floor office building she owns overlooking the Broadwater in Southport.

Christina Quinn.

* JAMES Rice, who’s gone solo after previously jointly founding Adelaide developer and Emerald Lakes villa builder Urban Construct, has shown his ongoing enthusiasm for Southport with a $3.725 million land buy.

The 51-year-old James, now heading new group Sun Luxe, has bought four titles spanning nearly 3000sq m in Spendlove St and owned by Southport resident Peter Hamilton.

His Sun Luxe, since 2019, has spent millions of dollars on Southport, Budds Beach and Main Beach sites.

James Rice and Elise Rice at Ferrari Esperienza in 2017. Photo: John Pryke