Brisbane property developer sells riverfront pad for top dollar

BRISBANE property developer Ronnie Tarabay has sold his stunning riverfront Bulimba pad for $3.6 million.

Ronnie Tarabay, pictured here with Natalia Lampante.

BRISBANE property developer Ronnie Tarabay has sold his stunning riverfront Bulimba pad for $3.6 million — $1.3 million more than he paid for it a decade ago.

The modern, black and white masterpiece has four bedrooms and two bathrooms, with uninterrupted views of Brisbane’s CBD and Newstead.

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Ronnie Tarabay has sold his Bulimba riverfront home. Picture: Mike Batterham.

The near-new home on 601 sqm was for sale by negotiation through Michael Clarke and George Petavrakis of Ray White Bulimba and is now under contract.

Records show the site last sold for $2.35 million in 2008.

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The kitchen inside the Bulimba house that has sold for $3.6m.

The house spans three levels and comprises a core filled brick construction with suspended concrete floors.

Features include a media room, four-car garage, wine cellar and parents’ retreat.

The view from the Bulimba pad Ronnie Tarabay has sold. Picture: realestate.com.au.

Ronnie Tarabay, whose real name is Ronald Carabay, owns the property development business, Bekaa Group.

He has built several residential apartment buildings in Brisbane — the most recent being a 190-apartment tower in Newstead.

This house in Bulimba has sold for $3.6m. Picture: realestate.com.au.

He has also worked as a consultant for pubs and clubs including Gerard’s Bistro, Laruche nightclub and the APO.

In 2016, he bought renowned Gold Coast restaurant The Fish House.

This house in Bulimba has sold for $3.6m. Picture: realestate.com.au.

Originally published as Brisbane property developer sells riverfront pad for top dollar