Norm Jenkin sets ‘record’ with $6M sale of Palazzo Versace penthouse on Gold Coast

A commercial and industrial developer with a penchant for trotters and pacers is believed to have set a record with the sale of his penthouse at Palazzo Versace.

NORM Jenkin, a commercial and industrial developer with a penchant for trotters and pacers, is believed to have set a record with the sale of his penthouse at Palazzo Versace.

Norm Jenkin is believed to have set a record with the sale of his penthouse for $6 million.

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The condo has sold for well in excess of $6 million in a deal that’s being cloaked in secrecy.

It’s the first sale above $6 million at the Versace, where the condos are held on company title and sales do not go on public record.

SMITH SPLURGES ON LUXURY MIAMI PROPERTY

SIMONE Smith, wife of BreakFree travel founder Tony Smith, has popped up as the suggested buyer of a $5.75 million penthouse overlooking the ocean at Miami.

The two-level, four-bedroom penthouse sits above three other apartments in a new five-level Marine Pde building, developed by John and Joshua Thomas.

The former Smith family home at 2 Heron Ave.

The Smith family home, fronting the beach in Mermaid Beach’s Heron Ave, was put under contract in May to developer Dean Pask for $25 million.

SUNLAND OFFLOADS COOLY SITE IN $12M DEAL

THE Sunland Group, in selloff mode, appears to have found a buyer for a holding adjoining its Greenmount Beach Resort at Coolangatta.

The near 1200sq m Marine Pde parcel, on the resort’s southern side, looks likely to change hands for around $12 million.

154-156 Marine Pde is adjacent to the Greenmount Beach Resort.

Sunland, which is working on revised plans for its $26 million resort site, paid $6.5 million for the land in 2017 and demolished two blocks of units that occupied it.