Tamborine Mountain Winery sold to Scenic Rim Council for $6.435m, Pimpama Pavilion sold

A local Council bought a vineyard, a suburban pub found new owners and an expanding Gold Coast church added to its property portfolio - all in a single month. DETAILS:

A local Council bought a vineyard, a suburban pub found new owners and an expanding Gold Coast church conglomerate has added to its property portfolio – all in a single month.

A flurry of key commercial properties totalling more than $90m were settled in August, according to State Government records.

The largest sale settled was for a 7862sq m property at 5 Dixon Dr, which sold for $22.2m and is home to brand new watering hole, the Pimpama Pavilion.

The seller was a company majority held by former Affinity Education boss Gabrielle Giufre.

The buyer was Robina-based company Chin Yuan International, which is directed by Chin-Wen Wen and Chiu Hsui-Yun Wen.

The newly-built pub onlyopened for business in August.

Meanwhile, the rapidly-expanding Glow Church added a vast tract of land next to its Robina headquarters to its property portfolio.

287 Scottsdale Dr, Robina.

The church, which logged revenue of $5.7m last financial year, paid $8.36m for 6985sq m at 287 Scottsdale Dr, which fronts the M1 and heavy rail line.

The property had been owned by Gold Coast City Council until it was sold for $5.15m in February last year.

The seller, Verdun Developments, a company directed by Darren Nye, whose other company Elite RV imports luxury motorhomes.

Glow Church founders Joel and Ellen Cave.

Elite RV director Darren Nye.

Gold Coast wasn’t the only council making multimillion-dollar property deals in August, with Scenic Rim splashing $6.435m to buy the 6.17ha Mount Tamborine Vineyard & Winery on the famed Gallery Walk.

The high-profile winery, at 122-128 Long Rd, includes a restaurant, shop and wedding venue.

It had last sold to the Hart family for $1.775m 20 years ago and had been on the market since 2019.

Winery operator Danielle Hart held a 50 per cent share of the winery through Tamborine Holding Company, with the remaining half owned by Hong Kong-based couple Rosemary and Desmond Inglis.

Former Tamborine Mountain vineyard and winery owner Danielle Hart. Picture: Glenn Hampson

Other key commercial sales settled in August included 185 High St, Southport, which is zoned as a hotel or guesthouse and sold for $6.425m.

It has an area of 1130sq m, was sold by company Statewall to Robert Schinasi.

At Coomera, 2 Naves Dr, which is earmarked for a new Pearl Energy site, sold for $6.3m.

The 3848sq m vacant lot was sold by company SOS SPV to companies B Kratzmann and San Ancona.

At Miami, 47 Lemana Lane, sold for $4.07m to a company directed by Hedges Ave resident Simon Lee.

The 587sq m streetfront warehouse was sold by Todd and Zac Leigh to company Lewani Springs Resort.

47 Lemana Lane, Miami

Yatala and Stapylton saw a lot of August activity, with a 4.04ha property at 167 Quinns Hill Rd East selling for $11.312m.

The buyer is a company associated with residential developer Royce Blackburne, founder of Roycorp.

Meanwhile, 191 Sandy Creek Rd, a 4.08ha property, sold for $10.1m. The buyer is a company directed and held by Oxenford’s Brendon Welch.

A 6031sq m block at 60 Computer Rd sold for $7.545m.

The buyer was Zhang Ming (Qld), a company jointly held by Ming Zhang and Pei Zhao.