Quirky Tudor manor sells for 6.5 times median house price

A quirky Tudor-style house in the most unlikeliest of places has sold for 6.5 times the median house price after developers subdivided it off a large hectare it was on.

A quirky Tudor-style house in the most unlikeliest of places has sold for 6.5 times the median house price after developers subdivided it off a large hectare it was on.

The six bedroom house was declared the top sale two years ago at $17.25m for the Queensland capital – a deal which is believed to have fallen through with another developer taking up the block on a longer term settlement.

The house at 673 Musgrave Road, Robertson went to auction over the weekend with a much reduced 2,577sq m block of land, rather than the 9,900sq m site it originally came with.

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The Tudor-style house was on a 9,900sq m block when it sold for $17.25m two years ago, and has since been subdivided as lot 1 with a 2,577sq m block and sold at auction.

Two families battled for the reduced size 673 Musgrave Road, Robertson, home at auction over the weekend.

It then sold under the hammer for $6.2m after two bidders fought it out, going to a family with dual Chinese-Australian residency – the top sale in Queensland in the past week.

The suburb of Robertson – made up of many large acreage estates – has been attracting developers seeking land close to the Brisbane CBD. It is just 13km from the city centre.

Lot 1 which sold over the weekend for $6.2m.

In 2022, the property sold with the vast 7,323sq m block behind it as well which is earmarked for development.

The Tudor manor’s sales result eclipses the median house price in Robertson more than three times over, with Robertson houses currently $1.975m after rising 24.8 per cent in the past year.

The median house price in Brisbane in August was $964,000, a figure which has grown 13.4 per cent in the past year.

The property comes with two pools.

There’s also a floodlit tennis court which gives the buyer options for the future.

The home is tidy if dated.

Agent Jimmy Lu of Ray White Robertson confirmed the property had sold under a long-term agreement over the estate.

According to the listing on realestate.com.au the home, the Tudor manor was “a secluded sanctuary” with manicured grounds, two pools, a spa, floodlit tennis court, basketball hoop, gazebo and outdoor entertainment gallery.

The property has been a mystery for many since it was announced as having sold for $17.25m in 2022.

The kitchen is modern but in keeping with the style of the home.

The home has two fireplaces.

Unusual for Brisbane homes given its unique architecture, the house also has two fireplaces, a grand foyer, cascading staircase, draping chandelier, six bedrooms, formal and informal lounges and dining areas, a reading room/office and a modern “era-inspired kitchen”.

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Originally published as Quirky Tudor manor sells for 6.5 times median house price