Terry Peabody relists New England-style Brisbane trophy home

The former billionaire and Transpacific Industries founder Terry Peabody and wife, Mary have relisted their vast estate on the Brisbane River.

It comes with a slightly amended asking price of $12 million.

White Waltham is one of Brisbane's largest private residential properties, given its 4.4 hectare holding.

It comes with 300-metre waterfront in Moggill.

The main residence was designed in the 1950s in a New England-style colonial revival style. It hasn't been traded in 46 years.

The six bedrooms, six bathrooms main residence comes with separate four-bedroom staff lodgings.

The grounds have  a pool, summer house, two tennis courts and an orchard. 

The original home was designed in the 1950s by Wilson Architects’ RM Wilson for a former British airman.

Terry Peabody, whose wealth was estimated last year by the BRW Rich List at $575 million, has appointed Nicolette van Wijngaarden from Unique Estates.

The Peabodys also own a Kangaroo Point apartment and a retreat on Hayman Island.

The Brisbane house price record is held by mining tycoon Gina Rinehart who spent $14 and another $4 million on an adjoining property on the river at Hawthorne.

Brisbane’s record residential sale price of $11.2 million was set in 2007 for a hilltop property on Eldernell Terrace, Hamilton.

The record had previously been with Lorna Jane Clarkson, the name behind sports brand Lorna Jane, who paid $10.3 million in 2011 for a five-bedroom waterfront home in the suburb of Hamilton.