IT entrepreneur Danny Wallis spends $7 million for Brinbara on Sunshine Beach
Danny Wallis, the entrepreneurial DWS managing director, has emerged as the $7 million buyer of Brinbara, the prestige property hidden at the end of Queensland's Sunshine Beach on its sprawling 3,595-square-metre two-title beachfront holding.
It was initially listed wth $14 million price hopes by property developer Michael Brown, the REMM builder and developer of the Myer Centre in Brisbane and Adelaide.
Tom Offermann Real Estate secured the sale of the nine-bedroom Noosa district mansion that was sold earlier this year at an undisclosed price, having been most recently listed with a $9.25 million price guide.
The Middle Park-based IT industry entrepreneur Danny Wallis was the energetic $1.01 ambush marketing bidderman of the The Block 2012 reality television auction of the South Melbourne terrace offerings.
Brinbara is entered through iron security gates, down a winding driveway, past the tennis court with pavilion to the house with soaring porte-cochere. Inside the double entry doors is the massive foyer and the immediate framing of the ocean.
There's a sweeping staircase to most of its nine bedrooms.
It was built originally by Brian Wood for his wife Barbara hence the name Brinbara, bringing a bit of Toorak by the Sea when they first came to town.
Located on Webb Road, the property boasts a 70-metre water frontage.
The property was first listed in March 2011 with a $14 million price guide.
The home last traded in May 2003 for $7 million, and prior to that, for $3 million in 2001.
Danny Wallis founded DWS in 1992 having begun his career in the I.T. industry as a system programmer.
