Brisbane’s most expensive house resold at a loss
Brisbane Broncos chairman Karl Morris and his wife, Louise, are paying a speculated price close to $16 million for the Kangaroo Point home which set a metropolitan record when the vendors bought it four years ago.
One Leopard Street sold for $18,488,888 then.
An attempt to offload it last year for $18m fell through.
Coincidentally, Mr Morris – the chief executive of Ord Minnett – is behind the city’s second biggest single residential sale: 1-5 King Arthur Terrace in Tennyson trading for $17.6m in October, 2019.
The year earlier, Gina Rinehart paid $18.5m for neighbouring Hawthorne properties which have since been amalgamated (story continues below).
Heath Williams and Judy Goodger of Place Estate Agents marketed 1 Leopard St for China-based Zijian Zheng and Huihui Zhai.
On 1184 square metres, the site is famed for its panoramic Brisbane CBD view.
The three level home contains 1445 sqm of area including a cinema, gym and wine tasting room.
