A LUXURIOUS mansion at Kewarra Beach that sold for $4.2 million in March has topped the list of the highest-priced sales in north Queensland and ranks 20th in the state.

The six-bedroom, eight-bathroom house with views of the coastline to Double Island and Taylor Point was the most expensive house sold in the region this year, according to the Real Estate Institute of Queensland.

The Kewarra St property, which was built by Sydney developer Christian Ainsworth for $15 million in 2003, was sold to a European businessman who is now renovating it.

Colliers International agent Jay Beattie, based in Cairns, said the owner would use the mansion as his holiday home.

Mr Beattie said the 3300sq m property boasted a European-built kitchen that was shipped to Cairns, a mosaic-bottomed, glass-walled lap pool, gymnasium, sauna and wine cellar.

"(The owner) has formed an emotional attachment to this home and it will be a holiday house for him," he said.
"The property has a 60m frontage to the beach, it has got a palatial pool upstairs and its own movie theatre and gaming room downstairs.

"And a garage that would accommodate 10 cars.

"It was built to accommodate people used to living on a different dollar value."

Other prestigious properties in Cairns and Port Douglas took out the top four highest selling houses this year.

A home on Mansfield St at Earlville was second on the list, selling for $2.3 million in January, third was a home on Summer Hill Dr, Mooroobool, that went for $2.1 million in April, and fourth was a Port Douglas property on Solander Blvd that sold in August for $1.6 million.

Two homes in Castle Hill, Townsville, also made the list, with both selling for about $1.5 million.

As for units and townhouses, a Townsville City penthouse topped the region's list, followed by a $1.4 million sale on Macrossan St in Port Douglas.

According to statewide figures, a Hope Island house on the Gold Coast sold for $12 million in April this year. tag Tomorrow: Find your new home in The Weekend Post property guide.

NEW CAIRNS.COM.AU COMMENT POLICY
We welcome your comments on this story. Comments are submitted for possible publication on the condition that they may be edited. Comments submitted without a full name and suburb/location will not be considered for publication. Please read our full comment policy and publication guidelines.

Share this article