A long-stalled Mermaid Beach development site opposite Pacific Fair, previously earmarked for a twin-tower project, is set for a fresh development push with plans for a major mixed-use residential tower.&nbsp;

Billionaire garbo Ian Malouf's development company, REMI Residences, is proposing Project Elegance, a 44-storey tower with over 270 residential apartments and 88 short-term accomodation units at&nbsp;2065 Gold Coast Highway, Mermaid Beach, on the corner of Mermaid Avenue.

Malouf paid $23.76 million for the 3,783 sqm site in 2022, six years after it traded for $34.1 million when it was bought by Hubei United Investment Group.

 
<img alt="First Look: REMI Developments plans major mixed-use tower with 360 apartments at stalled Mermaid Beach site" data-entity-type="" data-entity-uuid="" data-widget="image" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mermaid%20Beach%20da%20podium.png?VersionId=yRYSSPItvCA5ZeQ49LlwkQYVn7OhEqIC" /><img alt="" data-entity-type="" data-entity-uuid="" draggable="true" height="15" role="presentation" src="data:image/gif;base64,R0lGODlhAQABAPABAP///wAAACH5BAEKAAAALAAAAAABAAEAAAICRAEAOw==" title="Click and drag to move" width="15" />

&nbsp;

The design statement by DKO says Project Elegance "represents a holistic response to its coastal and urban context. It draws upon site, climate, and landscape to create a composed architectural outcome that prioritises occupant experience, public interface, and long-term viability via vibrant and active uses."

They say the subject site&nbsp;occupies a distinctive island parcel with three street frontages and prominent visual exposure to passing visitors.

"This unique position allows the development to form a panoramic dialogue with water and city, setting the foundation for a climate-responsive, site-specific architectural expression.&nbsp;The podium base, inspired by the region’s sandstone headlands and coastal setting, and adopts a sculpted and grounded character that provides a stable counterpoint to the slender tower above."

&nbsp;

<img alt="First Look: REMI Developments plans major mixed-use tower with 360 apartments at stalled Mermaid Beach site" data-entity-type="file" data-entity-uuid="4f088e10-6493-49d4-83cd-10fc039318ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mermaid%20Beach%20da%20tower.png?VersionId=Sbglj0tNBqyvY5V_DlVH.bvjXi8kBbfl" />

Residents and guests would have access to multiple communal recreation levels. Plans include a shared recreation deck on level six, with a pool and three padel courts. There will be a residential-only pool on level seven, and an upper-level communal space only accessible by those buyers towards the top of the tower.

&nbsp;

Ground-floor commercial spaces are proposed to operate between 5am and midnight, contributing to an activated street frontage along the busy Gold Coast Highway corridor.

The site sits within the High Density Residential zone and a Light Rail Urban Renewal Area, where planning policy encourages higher-density development close to transport infrastructure and services. The planning report states the project aims to “ensure the efficient reuse of this centrally located property” and support the transformation of inner-city areas into “more vibrant, compact, interesting, connected and active” precincts.

&nbsp;

The proposal marks the latest attempt to unlock the high-profile parcel, which previously carried approval for the “Elegance” twin-tower development, a project that included more than 500 apartments but ultimately stalled after sales activity ceased in 2019.

REMI Developments has been increasingly active in the Gold Coast property market, with the Malouf-led group positioning itself around premium residential and lifestyle-focused projects as the region continues to attract both interstate buyers and international interest.

Malouf is one of Australia's most impressive entrepreneurs, having sold his waste business fore more than $500 million, having started only with a small truck at 18 years old.

Joel Robinson

First Look: Billionaire Ian Malouf plans Mermaid Beach tower

A State Significant Development proposal from Ecove Group could see two high-rise residential towers developed above an ALDI-anchored retail podium in Gordon.

The 28-storey towers, dubbed Eight 10, would become the tallest in the sleepy Upper North Shore suburb, which has been stirred by changes to the Low to Mid-Rise Housing Policy aimed at triggering greater density around transport hubs.

Ecove Group’s plans for 810 Pacific Highway, a 2,357 sqm site around 400 metres from Gordon railway station, include 180 apartments, 39 of which would be dedicated as affordable housing.

Architecture firm PBD said in its Design Report the site "presents an exciting opportunity to positively contributes to the surrounding context, enhances the overall urban experience."

<img alt="First Look: Ecove lodges State Significant Development plans for dual-tower “Eight 10” project at 810 Pacific Highway, Gordon" data-entity-type="file" data-entity-uuid="e50141fa-fb0b-44b3-bf9b-c6d87b993c3b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Eight%2010%20podium.png?VersionId=YTgQPBxNnmQwr6x2AJSpVZ1COqa.9oLQ" />

The site previously received approval for a development comprising 56 apartments above retail in 2018.

PBD noted in its report that the planning&nbsp;context for the site has "evolved significantly since the original consent was issued."

In April 2024, the Department of Planning, Housing and Infrastructure (DPHI) identified the site as being located within a Transport Oriented Development (TOD) precinct. In parallel, Ku-ring-gai Council progressed a preferred planning framework for Gordon Town Centre, including proposed amendments to the Ku-ring-gai Local Environmental Plan 2015 (KLEP 2015).

<img alt="First Look: Ecove lodges State Significant Development plans for dual-tower “Eight 10” project at 810 Pacific Highway, Gordon" data-entity-type="file" data-entity-uuid="cf65fb26-a163-41ea-a4d3-8ddbeabd67e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Eight%2010%20MAP.png?VersionId=vrQJzXSg3xRH.APBmtth5mA2adPmUPjc" />

PBD said the proposed development "responds to the amended KLEP 2015 and, in addition, seeks to utilise the floor space ratio and height incentives available under Chapter 2, Part 2, Division 1 of the State Environmental Planning Policy (Housing) 2021."

Late last year the first project in Gordon through the NSW Government's Housing Delivery Authority was approved. That was for 106 apartments across two connected seven to eight-storey buildings.

Ecove plans 28-storey apartment towers in Gordon

<a href="https://www.apartments.com.au/developers/graya">Graya</a> has set its sights on one of Brisbane’s scarce remaining riverfront development opportunities.

They have spent $17 million on an 810 sqm site across 16-18 Sandford Street, where it is planning SILK, a 15-storey apartment tower with just 22 apartments.

Planning documents outline a single tower designed to take advantage of the site’s northerly outlook toward the river and Brisbane CBD.

There will be eight two-bedrooms and 14 three-bedroom apartments on offer, each either half- or full-floor.

<img alt="Graya" data-entity-type="file" data-entity-uuid="059e1aa4-695c-4556-bafa-e8b5970c06f5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-12%20at%203.07.50%E2%80%AFPM.png?VersionId=tEqwv_m8HYhrXSCStOMFHvGZZ5WgKfEx" />

&nbsp;

According to the Town Planning Assessment, the proposal "showcases a high quality architectural and landscape design outcome that is enhanced by the amenity of the Brisbane River… and provides a subtropical design response that celebrates Brisbane’s climate and lifestyle.”

Ground level includes landscaped communal areas facing the river alongside a gym and outdoor garden space, while the rooftop terrace will feature multiple leisure amenities like swimming pools,&nbsp;dining and barbecue facilities, as well as outdoor relaxation and yoga spaces.

<img alt="Graya" data-entity-type="file" data-entity-uuid="93982dbb-9f27-409b-a319-bd6f458f9ea7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-12%20at%203.09.05%E2%80%AFPM.png?VersionId=gCaaW82pEBxMvXkVkEm4TC_o7_UXA82p" />

Architecturally, the tower form draws inspiration from the movement of water along the river edge. Design documentation describes the building as “a form sculpted by flow, shaped by shifting water,” with curved forms, varied materiality, and sculptural elements used to soften the building’s visual bulk. Sandstone, an iconic material throughout St Lucia, is reinterpreted through a mix of refined and split-face textures across the façade.

The Sandford Street frontage is intended to present an articulated façade featuring vertical landscaping and sculptural architectural elements, helping the tower integrate with the evolving high-density character of the riverfront strip while maintaining visual interest from both the street and river corridor.

Graya has continued to expands its footprint across South East Queensland, with projects under construction across both Brisbane and the Gold Coast.

GRAYA unveils plans for SILK in St Lucia

Less than five months after submitting plans to redevelop the former Cadbury office on St Kilda Road into a luxury apartment tower, development giant <a href="https://www.apartments.com.au/developers/dexus-property-group">Dexus</a>&nbsp;has been given ministerial approval to push on with the project.

Apartments.com.au <a href="https://www.apartments.com.au/news/vic/first-look-dexus-joins-st-kilda-road-apartment-ranks-with-gateway-tower-proposal">revealed the plans in October last year</a>.

The approved project will see the 19-storey office building at 636 St Kilda Road replaced with a <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>-designed tower delivering more than 400 new apartments at the prominent intersection of St Kilda Road and Queens Road.&nbsp;

The design responds to the site’s gateway position at St Kilda Junction, with Bates Smart describing the tower as a “refined and sculptural built form that mediates between the scale of St Kilda Road and Queens Road,” reinforcing a civic presence at the key intersection.&nbsp;

<img alt="First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-10-06%20at%2012.52.37%E2%80%AFPM.png?VersionId=Tq3yyOWe0e0klvy5j4TIjiZT7yd3f1Xk" />

The development will comprise 402 apartments, including 40 studios, 87 one-bedroom, 203 two-bedroom, and 66 three-bedroom residences, alongside six penthouses. The project will also incorporate active frontages, new pedestrian through-links and a landscape strategy designed to integrate with the boulevard character of St Kilda Road.&nbsp;

Public realm improvements form part of the approved scheme, including a 138 square metre linear park, extensive landscaping and approximately 188 metres of active street frontage intended to improve permeability and safety at ground level. Four basement levels will provide 449 car spaces and 120 bicycle spaces.&nbsp;

The project includes a $9.6 million contribution to the Social Housing Growth Fund, equivalent to three per cent of the project’s estimated development cost, supporting broader affordable housing initiatives across Victoria.&nbsp;

<img alt="First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20kilda%20rd%20site.png?VersionId=m_ZioKYhwkvekE3ZUF6y7bz.5_5yFPnZ" />

Wholesale Australian Property Fund (DWAPF) Fund Manager Chris Davitt said the residences are intended to appeal to a broad mix of buyers seeking proximity to the CBD and surrounding amenities.

“We’re excited about the potential of the project to contribute new residential supply to one of Melbourne’s most sought-after areas,” Davitt previously said. “The landmark site at 636 St Kilda Road is at the gateway to Melbourne’s CBD, offering sweeping views and exceptional connectivity.”&nbsp;

The site’s three street frontages, St Kilda Road, Queens Road and Queens Lane, allow for generous setbacks and a flexible built form, while its proximity to the ANZAC Station tram-rail interchange and the St Kilda Road cycling corridor positions it within one of Melbourne’s most connected inner-city precincts.&nbsp;

St Kilda Road has become one of Melbourne’s most active apartment corridors in recent years, with projects such as Victoriana, The Muse and St Boulevard already completed overlooking Albert Park Lake, while Gamuda Land continues construction on Fareham and several other developments are planned nearby.&nbsp;

Dexus secures ministerial approval for St Kilda Road apartment tower

Just a few months after launching to the market,&nbsp;<a href="https://www.apartments.com.au/developers/gold-partners-australia">Gold Partners Australia</a>&nbsp;has sold 75 per cent of the apartments at&nbsp;Harmony on Broadbeach, its debut Gold Coast apartment development.

<a href="https://www.apartments.com.au/new-apartments/harmony-on-broadbeach-2797-gold-coast-highway-broadbeach-qld-4218">Harmony on Broadbeach</a>, which will rise 33 storeys on the corner of First Avenue and the Gold Coast Highway about 400 metres from the beach, will deliver a collection of two and three-bedroom apartments designed to appeal to a mix of local owner-occupiers, interstate buyers, and investors seeking newer stock in the tightly held Broadbeach market.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI Architects</a>, Harmony will home just over 100 apartments, with a typical floorplate limited to four apartments per level. The configuration allows for larger layouts and greater privacy compared to many higher-density coastal towers.

[smartcode_project:default project_id=113098 project_image_fid=355608]

The residences comprise generous two and three-bedroom apartments with open-plan living areas, large balconies and floor-to-ceiling glazing designed to maximise natural light and capture views across the ocean, hinterland and Broadbeach skyline. Interiors feature natural stone benchtops, engineered timber flooring and Miele appliances, with finishes intended to reflect the coastal character of the surrounding area.&nbsp;

Amenities are centred on a dedicated wellness offering, including a 20-metre swimming pool, spa, sauna, gymnasium and yoga lawn, alongside communal lounges, private dining areas and outdoor barbecue spaces for residents. The building will also include a hospitality venue at street level, activating the ground plane along the Gold Coast Highway.&nbsp;

[smartcode_project:default project_id=113098 project_image_fid=355611]

Olympus Property Group is handling sales for the development. Director Deanna Lockett said the project has resonated with a wide buyer pool drawn to the combination of location and pricing.

“There’s been nothing new come to the market in <a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> at this price point for nearly a year,” Lockett said. “It hits the sweet spot of affordability, good sized apartments, in a great location.”&nbsp;

Broadbeach remains one of the Gold Coast’s most established lifestyle precincts, with residents within walking distance of the beach, dining along Surf Parade, Pacific Fair Shopping Centre, and the Gold Coast Convention and Exhibition Centre. The suburb has seen limited new apartment supply over the past year, contributing to strong early demand for Harmony.&nbsp;

Construction is due to commence in Q2 2026, with completion targeted for late 2028, as Gold Partners Australia expands into the Gold Coast market alongside its established pipeline in New South Wales.

[smartcode_project_cta:default project_id=113098]

Harmony on Broadbeach races to 75 per cent sold as Gold Partners Australia target construction commencement

Clayfield

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Highgate, the historic Clayfield home, has been listed for sale for a July 6 auction.
Designed by Richard Gailey, the 1920's Spanish mission residence at <a href="https://www.raywhite.com/qld/clayfield/2120478/" target="_blank">117 Adelaide Street E, Clayfield </a>has been tightly held for the past four decades. 
It was once owned by Elizabeth Hart, a pioneering female in Brisbane law circles.
Hart worked at Flower and Hart Solicitors, one of Brisbane's oldest and largest legal firms. 
Set on 1,710 sqm, Highgate has six bedrooms, formal and informal dining and lounge rooms, a freestanding office and a billiard room.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/4/clayfield%202.jpg" alt="">
Under a terracotta tile roof, Highgate still has a number of original features, including a working fireplace, lead lighting, french doors, hardwood floors, decorative horse-hair plaster ceilings, and hand-cut crystal chandeliers.
In the grounds is a saltwater swimming pool.
Christine Rudolph and Matt Lancashire of Ray White New Farm has the listing. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/4/clayfield%203.jpg" alt="">
 
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Highgate, Clayfield's historic 1920s Spanish mission home, set for auction

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A renovated Queenslander in Clayfield, suitable for an executive family, is set to go under the hammer.
The <a id="LPlnk193351" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGKZ8wj2ZTWnppWKmoPO5lXnahMRrCaKacJbTDkucEl7g=&amp;rh=ff0043d0637ba7418869e46e0846b6a7210fdcef" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">29 Dublin Street, Clayfield</a> offering has been listed by Ray White Ascot agent Dwight Ferguson.
It retains timber flooring, soaring ceilings, capped off with glass windows and doors to flood the interiors with air and light.   The gourmet kitchen boasts a suite of Miele appliances including two integrated fridges and freezers, dishwasher, wine fridge, dual ovens, induction stove stop, Quasi-air exhaust, hot/cold zip tap and bench mounted filtered water tap.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/29-Dublin-St-2.jpg" alt=""> 
There's a hidden butler's pantry provides extra storage and amenities with a third sink, fridge, freezer, Miele dishwasher and ample preparation and storage space. 
Its outdoor entertainment area features a BBQ area with hot water sink, fridge and TV, with the area overlooking the manicured backyard with fully tiled swimming pool and cubby house.   On the upper level are five of the six bedrooms, plus an office and second lounge.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/29-Dublin-St-5.jpg" alt=""> 
“It pays tribute to the home's original Queenslander design with VJ walls, decorative breezeways and French doors, with the floor extending onto a private front balcony capturing cooling afternoon breezes," Ferguson said.   Seb Turnbull with his wife Anna Turnbull, purchased the property in 2007 and undertook the renovation in 2016.
The property will be auctioned on-site on December 1 unless sold prior.
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Clayfield Queenslander listed for December auction

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Clonlara, the 100-year old East Clayfield home that belonged to the late Sir Edward and Lady Dorothy Williams, has sold for a suburb record.
The Williams' called the Brisbane property home for six decades, until Sir Edward's death in 1999. Lady Dorothy died last year.
Ray White New Farm agents Christine Rudolph and Matt Lancashire sold the property for the family.
Clonlara, a six bedroom Federation home, was constructed in 1916 and was named after an Irish village in County Clare.
It sits in 3,3315 sqm of gardens which features two championship sized grass tennis courts.
Sir Edward was a former judge of the Supreme Court, as well as a former Australian of the Year. He also chaired the 1982 Commonwealth Games.
<div>The suburb record sits with 108 Oriel Road, Clayfield at $6.75 million off market. </div>
This article was first published in the Weekend Australian.
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Historic Clonlara in East Clayfield sells for suburb record

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White Gables, a four bedroom house in Clayfield, an inner northern suburb in the City of Brisbane, sold at weekend auction.
The $4 million buyers were local medical professionals with two young boys, who Domain reported had been hunting for their perfect home for three to four years. 
It was offered by Matt Lancashire and Christine Rudolph from Ray White who had three registered bidders.
Bidding opened at $3 million going up in $250,000 increments. It was announced on the market at $4 million. 
The <a href="https://www.realestate.com.au/property-house-qld-clayfield-128335058" target="_blank">9 Craven Street</a> home combines traditional elegance with architectural style.
White Gables, a much-admired Brisbane residence, has been held by only three separate families since its creation in the early 1900s. 
The house was commissioned by wealthy timber merchant George Brown who chose to construct the statement wedding gift for his daughter out of red brick with an extensive use of the finest timbers throughout the interior. 
<div>
<div>The current vendors Kate and John Naughton purchased its 15 years ago from a prominent local resident who had lived on the property until he was 102. </div>
</div>
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It comes with six spacious bedrooms, gourmet stone kitchen, living and entertaining on in one level, and six car garage.
Other features include  alfresco, pool, and tennis court area, wine storage and study room.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/14/clayfield%202.jpg" alt="">
Nestled on a 1240 sqm block, it is only 100 metres walking distance to St Rita's College and 10 minutes travel time to Brisbane CBD and Brisbane Airport.
The listing was the sixth most viewed property in Queensland during May with more than 150 people turning up to watch the weekend's 3pm on-site auction.
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Clayfield's White Gables sold to local medical professionals

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The Ray White bi-annual Auction Under The Stars event last night in Brisbane saw almost $14 million of property changing hands.
Auctioneer Haesley Cush sold 10 properties of the 27 on offer in front of a crowd of 300.
“The good news story in Brisbane is the inner north continue to shine,“ he said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/24/cush2.jpg" alt="">
A two bedroom ground floor courtyard townhouse in New Farm at 7/32 Hazelwood St got away first selling for $780,000 through Ray White New Farm marketing agent Scott Darwon.
Then a luxury five bedroom contemporary Clayfield home at 52 Union Street (top) sold under the hammer for $2.145 million to a Sydney family moving to Brisbane.
“This beautiful home was bought by a lovely family from Sydney whose daughters are going to St Margarets,” said joint marketing agent Christine Rudolph, of Ray White New Farm.
Ray White New Farm | Spring Hill director Matt Lancashire said the market was “not too hot and not too cold”.
“There’s plenty of people looking to buy in all price brackets in Brisbane and we had action on pretty much  everything tonight which shows great confidence in the market and the auction process which creates competition for our vendors,” Mr Lancashire said.
Cush said the resurgence of the inner city apartment market was a theme of the current market.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/24/cush1.jpg" alt="">
“No doubt units have been softer up until now but we saw the comeback of the unit market tonight with strong competition on all the unit stock we had.  
“We saw good interest on 27/4  Wandoo Street, Fortitude Valley which sold for $537,000."
Other  sales included 11 Stafford Street, Windsor sold under the hammer for $1.225 million and 21 Blaikie Street, Hendra at $1.530 million.
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Sydney family buy Clayfield home for $2.145 million through Ray White

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A six bedroom Clayfield house has been sold for $1.75 million making it Brisbane’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-qld-clayfield-125260494" target="_blank">122 Alexandria Road</a>, the property has been recently renovated. It last traded in 2010 at $1.3 million.
Enjoying many living zones including a gourmet kitchen that leads to an oversized private alfresco dining/entertaining guest area which overlooks the pool and gardens.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/21/122%20Alexandra%20Road-2.jpg" alt="">
The kitchen has a huge island bench, stone and marble benches, walk-through butler’s pantry including Miele appliances.
Master suite features walk-in robe along with ensuite with dual basin.
The property was offered through Ray White agent Damon Warat.
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Six bedroom Clayfield house sold for $1.75 million

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Domino’s Pizza downsizing head Don Meij has sold his Clayfield house for $3,125,000.
It cost him $3.75 million. <a href="https://www.realestate.com.au/property-house-qld-clayfield-118312723" target="_blank">The Clayfield home</a> went on the market as the business offshore growth sees him spend more time overseas with 1400 stores in six countries.
“The Clayfield home is a large, historical beautiful home on a big property and does take more to upkeep," the spokesperson advised.
"As you can appreciate with Don’s travel commitments, this wouldn’t always be that easy. 
"I can confirm he still lives in Brisbane and is still very much a local ‘Brisbanite’.”
The New England style home, Plymouth in Riverton Street was bought in September 2013.
Leigh Kortilang of Ray White Ascot sold the 1,619 square metre property to buyers from Greenslopes.
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