Apartment management veteran Frank Picone lists on Mermaid Beach: Title Tattle
Frank Picone, the apartment management industry veteran, has listed his Mermaid Beach apartment.
It’s a spacious beachfront villa on Hedges Avenue. It has four bedrooms, four bathrooms plus five-car garaging. It’s got 802 square metres of space. It’s been listed through Michael Kollosche at Ray White Broadbeach for January 22 auction.
It last traded in 2006 for $7.32 million when bought from Melbourne investor Tony Khoury. The other duplex is owned by Lisa Perrin who paid $9 million in 2006.
In 2008 Picone set the year's top price for Queensland when his imposing Mermaid Beach house fetched $17.5 million through Michael Kollosche when it sold it to the landfill operator Maxwell Twigg.
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.
