A Chinese designed mansion on over half an acre block in Ascot has hit the market.
The nine bedroom, ten bathroom property was built in 2005 and has price expectations around $8m.
“The land value itself is around $3.5m,” Dwight Colbert, selling agent at Ray White Northside Group said.
“The home was designed and built by Chinese owners and no expense was spared.”
Designed to incorporate positive feng shui throughout the home, Mr Colbert says the property design would be appreciated by Chinese investors.
“The current owners are Chinese and they they designed a home that is rich in Chinese culture, under the guidance of a feng shui grand master.
“It was built following strict principles to enhance prosperity and good fortune - something Chinese Australians and investors would appreciate.”
The property, located at 1 Palm Avenue, Ascot, sits on an acre of land - a rarity for the suburb.
Featuring custom-made Italian chandeliers with Swarovski crystals, custom-made parquetry floors and lounge furniture plus a 22 seat dining table set made from Burl and Queensland Maple, the residence is one of the most luxurious in a premier suburb.
“Ascot is one of Brisbane’s most coveted areas with some of the best real estate in the area. This property stands out as one of Ascot’s very best,” Mr Colbert explains.
Other features of the property include servants quarters, an executive office, indoor pool, gym, sauna, wet bar and massage room.
Private inspections at 1 Palm Avenue, Ascot can be arranged by appointment.
