Daniel Tzvetkoff's Hedges Avenue Mansion Sells For $17 Million

THE Gold Coast mansion of IT tycoon Daniel Tzvetkoff has sold for $17 million.

The Gold Coast's Bulletin Report says a local businessman has purchased the nearly-completed mega mansion in Hedges Avenue. The six-bedroom home is reported to need another $500,000 spend on renovation, and cost Mr Tzvetkoff about $28 mllion last year.

The mansion includes underground parking for ten cars and occupies four house blocks on Mermaid Beach.

Mr Tzvetkoff purchased the unfinished mansion off hospitality entrepreneur Tony Smith last year.

Knight Frank and Ray White Broadbeach were marketing the property.


Related article: http://www.realestatesource.com.au/gold-coast-mansion-of-daniel-tzvetkoff-hits-the-market.html