Ric Stowe's Bullsbrook Mansion to be Sold, Perth

THE palatial Perth mansion of businessman Ric Stowe is expected to be auctioned in May.

Bullsbrook (right), on Perth's outskirts, is expected to sell for some $70 million.

The estate includes a frass field cut into a hillside, a polo clubhouse and two helipads. It has reportedly been host to royalty.

Bullsbrook was one of several assets recently seized by receivers.

Other assets, according to The Australian, include a coal-fired power station.