Brisbane's Raby Bay sets Bayside record with $8.5 million sale

Brisbane's Raby Bay sets Bayside record with $8.5 million sale
Brisbane's Raby Bay sets Bayside record with $8.5 million sale

The Raby Bay, Brisbane home designed for Savage Garden's Daniel Jones, has sold for a bayside record $8.5 million. 

It topped the former record, from Bulimba, where a McConnell Street home sold for $8.4 million at auction just under a year ago.

The Raby Bay home at 32 Sentinel Court was architecturally designed and built in 2004 for Jones, who sold it for $5.8 million in 2006.

Brisbane's Raby Bay sets Bayside record with .5 million sale

The price then went backwards following the GFC, selling for $4.96 million in 2013, despite it asking $8.5 million plus two years earlier.

The most recent owners undertook a full renovation in 2016,

The five bed, five bath home sits on a sprawling 2,325 sqm with its own private marina and beachfront.

It has also features a study, library, music room and a media room, as well as a pavilion set by the waterfall swimming pool and spa.

Brisbane's Raby Bay sets Bayside record with .5 million sale 

There were seven offers received before auction, with the buyer a Brisbane local and paying in cash.

McGrath Bayside agents Joseph Lordi and Pamela Neilson secured the sale after 43 days on the market.

 

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Record Sale Raby Bay

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