Skase house to set a record
The Christopher Skase-built mansion in Brisbane’s exclusive Hamilton Hill has hit the market again, with the new selling agents expecting the nine-bedroom property to smash all previous residential sales in the Sunshine State.
“I believe it will exceed the latest highest sale in Queensland of $25 million,” said Sotheby’s International Realty Ascot principal Stephen Weber.
Soo Hian Beh and her estranged husband, the Malaysian Chinese industrialist Sir Yii Ann Hii, who is in dispute with the Australian Taxation Office over a $60m-plus tax bill, bought the Dickson Terrace mansion for $6.5m in 2001.
Skase and his wife Pixie amalgamated nine lots to create Bromley, which was built in 1988 into a 2759sq m parcel with views across the Brisbane River and the CBD.
“It is the most elite residence on the market in Queensland,” Mr Weber said.
Described as a “Great Gatsby-style palatial estate”, the property features a 12-metre high boundary made of metrethick concrete and steel. The estate includes a large pool, cabana, floodlit tennis court, ponds, fountains, waterways, terraces and raised gardens, and is described by the marketing agents as “amazing and irreplaceable”.
There is a medieval circular staircase and an internal bell tower, and palace-style decor fit for the kings and queens of the money market, the agents said.
“This is very much Queensland’s trophy home and Sotheby’s is looking for a visionary, like Christopher Skase who, let’s face it, built some amazing developments in the late 80s, to update it and bring it to its former grandeur,” Mr Weber said. “There is a formal lounge in which to retire after feasting in the grand dining room on a meal prepared in the spacious marble and granite kitchen, comprising a walk-in cold room and commercial-grade appliances.”
The billiard room is lined with rich timber wall panelling and ducted airconditioning is throughout the property.
“To replace this property would be cost prohibitive,” Mr Weber said.