Mike Chapman’s sale of note

Cintamani, the Noosa hinterland weekender of US-based music producer and songwriter Mike Chapman, has sold for $4.25m.

Cintamani, the redundant Noosa hinterland weekender of US-based music producer and songwriter Mike Chapman, has sold for $4.25 million through Tom Offermann Real Estate agent Eric Seetoo. Chapman bought the 35ha property just over a decade ago for $8m. He was willing to take $5.7m last year. Cintamani was built by Austrian tennis champion Thomas Muster in the mid-1990s, so of course features a championship tennis court. It is a replica of centre court at Flushing Meadows in New York, home of the US Open. The net posts were once installed at the All England Club in Wimbledon. The single-level, five-bedroom retreat offers more than 1400sq m of living space. The music room and studio were sure to be a driving force behind the purchase by Chapman, who helped pen Tina Turner’s hit song Simply the Best. Muster paid $1m for the parcel in 1994 and sold his newly built home for $7.6m in 2002 to Stephen Walker, co-founder of debt collection agency Collection House, and wife Sue.

Whitsundays view on offer

An Airlie Beach home in Chesapeake Estate overlooking the Whitsundays has hit the market at $3m. The property dates back to the 1980s, when eccentric Kiwi millionaire Ron McDonald had a vision to create a compound for deposed African dictators, who were to be guarded by ex-SAS soldiers.

The Chesapeake Estate home.

McDonald, who made his money selling airconditioning units in Saudi Arabia, also promised parklands and a private hospital for the community dubbed Parc Exclusif. The estate never eventuated but the initial Mandalay Road home did. It is listed through Robyn Tyson at The Professionals Whitsundays and is being sold by author and investor Bruce Bickerstaff, who bought the home from Hogs Breath Cafe chain founder Don Algie in 2000.

Riverfront buyer hits target

The Hawthorne riverfront of Arrow Energy CEO Shaun Scott and wife Sarah has sold for $11.1m to Anthony Yap, who founded Good Price Pharmacy Warehouse, and wife Hahn Luu. The sale is Brisbane’s biggest so far this year. David and Garry Price at Ray White sold the home. Yap is seeking to sell Wandana in Balmoral through Place agent Sarah Hackett. The Scott home has five bedrooms, six bathrooms, two pools, a heated spa, a tennis court, boat house, putting green and private 12m jetty. It last sold for $6.85m in 2010. Scott engaged Brisbane architect Donovan Hill to build in 2014 after paying $6.84m for the 2135sq m riverfront parcel.

Tiger offloads Richmond lair

Alex Rance, the Richmond defender who signed a two-year contract extension midweek, finally offloaded his Richmond flat last weekend at $678,000. It cost $675,000 off the plan in 2009. Rance, who has been an estate agent at Little Real Estate, recently moved to Brighton paying about $1.35m for a three-bedroom cottage he shares with wife Georgia. There’s work at the 460sq m parcel that might engage Rance, who briefly studied landscape architecture before being drafted to the Tigers at 18.

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