Nathan Tinkler lists indulgent Brisbane acreage mansion

Beleaguered coal baron Nathan Tinkler, who just dropped off the BRW Rich List, has listed his $5.2 million mega-mansion on a four hectare acreage outside Brisbane. 

Rebecca Tinkler bought the property in 2007 for $5.2 million. It's among several trophy homes owned by the family.

Last year Tinkler came 34th on the BRW Rich 200 with estimated net wealth of $915?million, but this year he fell under the $235?million threshold.

It is being sold by Benjamin Smith and Kel Goesch from BrisbaneRealEstate.com.au.

Fairfax Media reports the house is likely to resell for between $4 million and $5 million at its June 15 auction.

The seven-bedroom, five-bathroom estate comes with a vast array of features to keep any buyer occupied for months. The Pullenvale home in nestled in the hills 15 kilometres west of Brisbane.

It has a resort-style spa and pool with two waterslides and a poolside bar. The pool area leads into the professional gym and sauna room.

Inside the 1600 square metre house there is an 18-seater home cinema which is currently furnished with an arcade style basketball game and a state of the art sound system.

Outside is a floodlit champion size tennis court for night time games of tennis and pictures reveal a private golf green at the front of the four hectare block.

There are also stables and paddocks  for a number of horses if the purchaser is an equine enthusiast.

There is a 3,500 bottle climate controlled cellar seating inside for 12 people. And most of the guests will be able to stay given there is parking for 9 cars and a separate guest quarters two bedrooms and one bathroom.

And to keep the kids entertained there is a children's playground area.

Inside, as well as the exceptionally well appointed kitchen there is a teppanyaki bbq grill with seating for eight people.

There is a pool room which features arcade games and a four-seater bar. Guests enter the house by walking past the waterfall which cascades into a welcoming pond.

Tinkler has spread his collection of sports memorabilia and Hollywood minutia around the timber-floored house.

Tinkler currently retains homes at Merewether in the Newcastle beachside precinct and his $11.5 million oceanfront mansion on Sapphire Beach, Noorinya. 

Noorinya sits at the top of the list of Nathan Tinkler's private property assets, should he seek further funds to get himself out of his current business liquidity situation.

But having paid $11.5 million, it's in a league of its own when it comes to the prestigious second home coastal market.

The mining magnate smashed the mid north coast record in 2008 when he purchased Noorinya, on a Sapphire Beach headland, for $11.5 million from Microsoft pioneer Jaybe Ammons.

Noorinya, with 1.8 hectares of private headland, comes with lap pool and a secluded beach.

The following year Stockland’s David Pitman and ABN Amro’s Simon Perrott purchased oceanfront properties from developer Barry France on the next headland along at Sapphire Beach.

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Ammons and his wife, Shelly, had spent about $2.75 million on the site amalgamation, including a $1.85 million purchase from hospital industry operator Paul Ramsay in 1999. Locals say the family used it regularly during the early years of ownership, but not much recently since the family relocated from their Newcastle base to Singapore.

Last June the Hunter Sports Group boss Troy Palmer was the immediate direct beneficiary of his boss Nathan Tinkler’s decision to quit Newcastle for Singapore.

Palmer bought one of Tinkler’s redundant beachside Merewether properties (pictured below) for $2.8 million – at under the commonly believed market value.

Tinkler bought the four-bedroom, three-bathroom 2006-built Merewether house for a then bullish record-setting $4.3 million in 2008 from the rugby league legend Andrew Johns.

Palmer’s same-day exchange settlement was in wife Emma’s name last month. The 34% price drop shocked several estate agents. “It turns out Nathan Tinkler's sale was a 'friendly deal', so should be seen as out of line by valuers,” one agent tweeted.

Prior to working at the Tinkler Group, the Newcastle-born and raised Troy Palmer was the chief financial officer of Bluetongue Brewery, another well-known Newcastle organization.

Palmer was responsible for the acquisition of the Newcastle Knights and Newcastle Jets.

Tinkler retains his other Merewether holding, a two-block 1,587-square-metre amalgamation overlooking Bar and Dixon Park beaches, which cost an $8.8 million total in 2008. Locals reports it’s been in limbo since a development application for a six-bedroom Rosie Stollery-designed compound was approved in June 2011.

Video source LJ Hooker, 2008 marketing campaign

Video prepared by HTM Digital