Beach house sells for $4m discount, still setting a record for the Sunshine Coast region

first_imgThis mansion at 21-23 Webb Rd, Sunshine Beach, has sold for $18 million.A SUNSHINE Beach trophy home has sold for $4 million less than it was advertised for, but the $18 million sale price still sets a new record for the entire Sunshine Coast region.In one of the biggest real estate deals in Queensland in recent years, the seven-bedroom, eight-bathroom mansion at 21-23 Webb Road was listed with an eye-watering $22 million price tag, but records have revealed it actually changed hands for $18 million on March 16. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE The view of the pool from the home at 21-23 Webb Rd, Sunshine Beach. Picture: Paul Smith. This property at 21-23 Webb Rd, Sunshine Beach, has sold for $18m. Picture: Paul Smith.The Webb Road property features 44m of beach frontage, a hotel-style glass swimming pool and a domestic and commercial kitchen.It also includes­ private self-contained guest ­accommodation, with ocean views from every room. Inside the property at 21-23 Webb Rd, Sunshine Beach. Picture: Paul Smith.Mr Russell also reportedly recently snapped up cricket star Shane Warne’s grand Victorian home in Melbourne’s Brighton, in a deal worth close to $20 million. The sale price of the home of tennis great Pat Rafter has been revealed as $15.2m. This property at 21-23 Webb Rd, Sunshine Beach, was listed for $22m but sold for $18m. Picture: Paul Smith.It is understood the home was bought by a company associated with Singapore-based David Russell, co-founder and owner of private equity group Equis Energy.Selling agent Nic Hunter of Tom Offermann Real Estate told The Courier-Mail Mr Russell “fell in love” with 21-23 Webb Road after just a two-hour inspection. MODERN MANSION SETS NEW RECORD More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours ago HOW TO MAKE $100K IN 9 MONTHS PAT RAFTER LOSES MILLIONS IN PROPERTY DEAL Cricket star Shane Warne recently sold this home in Brighton, Melbourne.The Webb Road absolute beachfront estate is only streets away from where tennis great Pat Rafter sold his beachfront home, with the sale price recently revealed as $15.2 million — a $2.8 million discount on what the Rafters had forked out to develop the property.last_img