ARTICLE PRIOR TO ITS SELLING:

From News.Domain.com.au

One of the Gold Coast’s most lavish mansions will be auctioned later this month after failing to sell for the bargain basement price of $9.5 million.  The Tuscan-style mansion, in the exclusive Sovereign Islands estate, reportedly carried a $15 million price tag when it was put up for sale last year.  It went to auction but failed to sell. A post-auction contract for $9.5 million then fell through.  Advertisement: Story continues below The opulent seven-bedroom, nine-bathroom home, owned by property developer John Fish, is now in the hands of receivers and will be auctioned on October 30.  The enormous property also features multiple entertainment areas, a sprawling terrace, a 25-metre pool, a gym, steam room and panoramic views from Surfers Paradise to South Stradbroke Island.  Mr Fish, whose partner is 2000 Sydney Olympic gold medallist and former Hockeyroos captain Nikki Hudson, developed the $1 billion Marina Quays residential-retail project at nearby Hope Island.  He reportedly paid $6.5 million for the luxury home in October 2003, then spent millions on extensions and renovations.

  • Grrrowler

    It’s big. It has great views. That’s about it for the positives I can find. It looks better in pics than it does in the video, for whatever that’s worth. It’s really just an Australian version of an American McMansion.




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  • Nick

    Another fantastic mansion with stunning views in beautiful Australia.

    The interior is magnificent, albeit the home theater room could have been much better.

    Unfortunately, we can’t see this mansion from Bird’s Eye View…




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  • CincyRob

    Nick I can’t agree with you more. That theater was dreadful for such an amazing home. I would have sprung for some slightly higher grade counters but other than that, the home is gorgeous.




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  • Marie

    Has great views, the exterior looks great, the interior will have to be upgraded, my only drawback is too much water surrounds it.




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  • Cole

    In Australia, there “mega-mansions” are much nicer and of better quality than here in the US. I like this home a lot, it is very neat!




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  • Al Robinson

    There is a bird’s eye view on Bing Maps Silverlight. Point the direction towards to west. 3 Sir Lancelot Close, Sovereign Islands, Qld 4216 is the address.




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    • Al Robinson

      There is also a street maps view on Google Earth. You can see the front of the home. Pretty nice.

      I like this place, I think that is was done right, as a ritzy mansion should be.




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