Summer House, Surfers Paradise sale
The Surfers Paradise home of the entrepreneurial, former Rolls-Royce car dealer David Baird and his wife, Marion is under contract with the sale through Ray White agents Sam Guo and Julia Kuo.
It is the trophy home, Summer House, which is credit as the Gold Coast's biggest residence.
They're looking at downsizing from the six bedroom, six bathroom behemoth on 2318 sqm on Cronin Island.
The mansion has three kitchens, a gymnasium, numerous spas and saunas, a 25 metre, four-lane lap pool and a 10 car basement garage.
Designed by Main Beach architects Mobb Thompson and Payne, the home was built 26 years ago for the president of Daikyo Shoji Yokoyama - the Japanese company behind the QT.
It was bought by video game designer Masafumi Miyamoto for $6,553,136 in 1997 - a Gold Coast record which stood for eight years.
He sold it to the Bairds for $8 million in 2004 despite having $13 million hopes.
The home featured in the film Crocodile Dundee, which cost the creators $35,000 in the 1990s to use the home for 10 days of filming.
It was also rented by Hollywood stars Sarah Michelle Gellar and Freddie Prinze Jr when they were making Scooby-doo.
They will move to their weekender, a five bedroom contemporary home on the Isle of s Pagewood that they bought for $6.35 million in 2012.
David was the Australian head of US company Textron.
The Gold Coast Bulletin report the price was $11 million when bought by Celine Guan, wife of Junxiong Yang, owner of the Links Golf Course at Hope Island Resort.
It was the third highest sale on the Coast this year behind 159 Hedges Avenue which sold for $13.25 million and the $11 million sale of 107 Albatross Avenue.
Other developments for sale on the Gold Coast
Shoreline, Surfers Paradise
Shoreline is the latest Surfers Paradise tower to be created by Marquee Development Partners.
The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.
Miles Residences, Kirra Beach
The Miles Residences Kirra Point will be one of Kirra Point's most impressive towers when it's completed in 2023.
The development of 118 apartments is part of the redevelopment of the Kirra Beach Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.