Rivergum Retreat, Figtree Pocket goes under contract
The Figtree Pocket trophy home, Rivergum Retreat has gone under contract.
It had been on the market with an asking price of more than $8 million.
There were more than 140 inspections during the Ray White campaign.
The vendor is Peter Bond, the founder of the failed Linc Energy Group, who paid $9.5 million for the luxury waterfront in 2008.
The luxury waterfront has a 132m of water frontage to the Brisbane River, nine bathrooms and seven parking spots.
Clive Palmer, whose company Mineralogy in November won a claim for $US150m in unpaid royalties against two Citic Pacific subsidiaries, was a rumoured buyer.
The Australian reported last month the rumoured acquisition by Clive Palmer, along with Palmer's denial.
News Ltd later reported Palmer made an offer of $7.4 million.
The Brisbane home of the mining magnate Peter Bond and wife Louise had been listed for sale in 2016.
Bond and his wife, Louise, took the property to auction in August last year, where they knocked back a bid of $9.25 million.
They bought it for a cut price $9.5 million in 2009 after it had spent over two years on the market.
It had initially been listed for $12 million by Zoe Cheihk, wife of developer George Cheihk.
The homestead encompasses a vast 1956 sqm of floor space and has seven bedrooms, nine bathroom and three home offices.
The luxury aspects continue with a 12 seat gold class cinema room.
