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Millionaires’ Row mansion looked at by Spyre for unit project, Clive Palmer’s $4M property buy in Palm Beach and more

A development group looks at a $25M home for unit project, Clive Palmer’s latest property purchase and more - here’s the latest real estate gossip on the Gold Coast.

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BUYER CANS MILLIONAIRES’ ROW APARTMENT PLAN

DANIEL Laruccia’s Spyre Group cast an eye over the beachfront family home of BreakFree travel founder Tony Smith and wife Simone before it sold for $25 million last month.

The Brisbane group apparently was assessing whether the 2112sq m site in Mermaid Beach’s Multi-Millionaires’ Row viably could take apartments.

Businessman and former footballer Tony Smith.
Businessman and former footballer Tony Smith.

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Spyre, which has a $16.15 million 1011sq m site on The Esplanade at Burleigh, apparently baulked at either the three-level height limit, the asking price, or both.

CLIVE ACQUIRES TASTE FOR PALM BEACH

CLIVE Palmer, billionaire and inveterate buyer of swanky property, is reported to have developed a near $4 million taste for the beachfront at Palm Beach.

He’s been linked to the sale of a new three-level house in Jefferson Lane, an abode with a private jacuzzi deck and a rooftop entertaining area.

Clive Palmer has reportedly bought a three-level home in Palm Beach.
Clive Palmer has reportedly bought a three-level home in Palm Beach.

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Clive, back in 2018, paid $12 million for the beachfront four-level Hamptons-style mansion of developer John Potter at Mermaid Beach.

STREETWEAR OWNER ‘HOT TIP’ FOR MANSION BUYER

SIMON and Tahnee Beard, of homegrown global streetwear group Culture Kings, could be set to call giant Isle of Capri home Riverpoint their new abode.

They are the hot tip as buyers of the three-level giant following its $11.75 million sale last month by law-firm principal John Ramsden.

Simon Beard is the hot tip as the buyer of the Riverpoint mansion.
Simon Beard is the hot tip as the buyer of the Riverpoint mansion.

They are no strangers to the riverfront — Tahnee six years ago bought a $3.3 million home, with tennis court, on a 4000sq m-plus block at Ashmore.

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Original URL: https://www.goldcoastbulletin.com.au/business/millionaires-row-mansion-looked-at-by-spyre-for-unit-project-clive-palmers-4m-property-buy-in-palm-beach-and-more/news-story/e24223224825755db1f7c73ca6a704ce