Brisbane's Raby Bay sets Bayside record with $8.5 million sale
The Raby Bay, Brisbane home designed for Savage Garden's Daniel Jones, has sold for a bayside record $8.5 million.
It topped the former record, from Bulimba, where a McConnell Street home sold for $8.4 million at auction just under a year ago.
The Raby Bay home at 32 Sentinel Court was architecturally designed and built in 2004 for Jones, who sold it for $5.8 million in 2006.
The price then went backwards following the GFC, selling for $4.96 million in 2013, despite it asking $8.5 million plus two years earlier.
The most recent owners undertook a full renovation in 2016,
The five bed, five bath home sits on a sprawling 2,325 sqm with its own private marina and beachfront.
It has also features a study, library, music room and a media room, as well as a pavilion set by the waterfall swimming pool and spa.
There were seven offers received before auction, with the buyer a Brisbane local and paying in cash.
McGrath Bayside agents Joseph Lordi and Pamela Neilson secured the sale after 43 days on the market.