Primo Smallgoods empire heir Brad Hunt snaps up 2 First Ave Broadbeach for $7.1m
The multimillion-dollar beachfront house spans 500sq m across three levels and comes with a lift and multiple garages.
Gold Coast
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THE heir to the Primo Smallgoods empire has emerged as the owner of a beachfront pad at Broadbeach approved for a nine-level luxury beachfront project.
Government records show BH Broadbeach Pty Ltd, which lists Brad Hunt, the son of Primo Smallgoods co-founder John Hunt, as its sole director, is the new owner of 2 First Ave after splashing out $7.1 million for the property.
The beachfront house spans 500sq m across three levels and comes with a lift and multiple garages.
It was sold by veteran developer Kevin Seymour, who bought the house for $6 million in March, 2018, and later laid plans for a nine-level apartment building called Solace.
Mr Seymour earlier this year abandoned those plans and listed the house for sale, making a tidy $1.1 million profit when the Hunt company signed a contract for $7.1 million in January.
The sale settled last month.
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Mr Hunt could not be reached for comment.
The businessman is no stranger to the property game.
In March this year he sold his Clontarf mansion in Sydney for $8.8 million to cricketing legend Brett Lee. The mansion had been on the market for three years before it sold.
Mr Seymour’s Solace building was to have full-floor apartments that started above $3 million, with two earmarked for family.
He previously said the project would be “world class”.