Nathan Tinkler Pullenvale estate finds buyer

Nathan Tinkler Pullenvale estate finds buyer
Jonathan ChancellorSeptember 26, 2016

The Pullenvale estate of the mining tycoon Nathan Tinkler has been sold by his receivers.

The former mining mogul's seven-bedroom Brisbane mansion fetched around $3 million, according to The Australian, down from its 2007 purchase price of $5.2 million.

The 421 Grandview Road, Pullenvale, estate had been on the market since mid-2013.

It failed to sell at recent auction, but is now under offer.

The coal baron Nathan Tinkler bought the property in 2007 for $5.2 million from Brad Sugars. 

It hit the market in May 2013.

The seven-bedroom, five-bathroom Pullenvale home is nestled in the hills 15 kilometres west of Brisbane.

It has a resort-style spa and pool with two waterslides and a poolside bar. 

There is a floodlit champion size tennis court and a private golf green at the front of the four hectare block.

There are also stables and paddocks for a number of horses.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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