Ron Bakir penthouse buyers list Paradise Waters home

Businessman and philanthropist Kevin Chatfield and wife Vicki have listed their redundant Paradise Waters home having bought the record-breaking Gold Coast penthouse of entrepreneur Ron Bakir earlier this year.

There's five bedrooms, seven bathrooms, a fully equipped gym, steam room and a wine cellar with tasting room across its four levels which are all accessible by the internal lift.

The top floor entertainment precinct features a marble bar, billiards room and a 260 degree terrace.

The entry level has a theatre, home office, a 20 metre lap pool and a heated spa.

The couple paid $4.8 million for the home on the Admiralty Drive dress circle in 2011 when buying from the Ferrari collecting Kiwi businessman Grant Baker and wife Donna.

The couple spent $9.5 million for the Chevron Renaissance penthouse earlier this year.

The sale topped the previous penthouse high of $9.2 million, set six years ago when Melbourne builder Peter Devitt bought in Main Beach’s Liberty Panorama tower.

This article was first published in The Weekend Australian.