28 Dec '12, 11am

#Aussie mansion to be auctioned:

Dubbed Bellagio La Villa, the 2,547 sq m estate is owned by property developers Paul and Viki Sweeney, founders of developer Coral Homes. They bought the land in August 2006 for AU$8 million (S$10.15 million) and completed the dream home in 2008, which cost another AU$8 million. Meanwhile, the auction follows a court-appointed separation sale. “The home is truly unique – there's nothing as grand or opulent in the region,” said Robert Graham, an agent with Ray White Prestige, who expects the property to attract national attention. “We're anticipating strong interest from interstate, particularly southern buyers who recognise great value in the Gold Coast's prestige property market.” The mansion comprises 10 ensuited bedrooms, multiple living areas, media and music rooms, library, indoor pool and spa, gym and five-car garage. The estate also comes with horse stables and yard...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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