Brisbane entrepreneur Vaughan Bullivant lists extravagant Scarborough house next door

Brisbane entrepreneur Vaughan Bullivant lists extravagant Scarborough house next door
Larry SchlesingerSeptember 10, 2012

Former vitamin king Vaughan Bullivant, the maverick Queensland millionaire and owner of the Daydream Island Resort & Spa, has listed the Georgian-style mansion he built for his former wife in the Brisbane bayside suburb of Scarborough.

The opulent three-level, six-bedroom residence at 118 Prince Edward Parade features palm trees and a salt-water swimming pool with views over Moreton Bay from the master bedroom.

It is one of two neighbouring mansions constructed by Bullivant in 2000 following the sale of his Nature's Own vitamin business for $137 million to FH Faulding in 1999.

Bullivant started the business in an old tin shed on the Redcliffe Peninsula in 1995, transforming it into a major packager and wholesaler with a turnover of several million dollars a year.

The two properties came to be known as the "His and Hers" mansions – one occupied by Bullivant and the other by his former wife, Carmel.

The couple divorced in 2004.

The house is being offered for sale via tender by Ray White Ascot principal Dwight Ferguson, with the Australian Financial Review reporting that it has a replacement value of $10 million.

The Georgian-style property is located on more than 4,000 square metres of beachfront land with 70 metres of beach frontage enjoying panoramic views over Moreton Bay.

“I will be continuing to live in my home next door, but as most of my children have grown up and moved on I think it’s a waste for it to be largely unused,” says Bullivant.

“As I look forward to retirement I hope the next person enjoys it to the full.”

The property includes a large resort-style heated salt water lagoon pool, a full-sized tennis court with night lighting and a tennis pavilion, polished feature timber floors, a large study/library and a media room.

The master bedroom takes in the entire width of the home, including a large private balcony with unrestricted views of Moreton Bay and Moreton Island.

“There’s also a private sunken parents’ lounge, bar, large marble spa with floor to ceiling bay windows,” says Ferguson.

The tender campaign closes on October 18.

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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