Big prices and slow sales – close look at Pullenvale trophy acreages

The secluded hill-side neighbourhood of Pullenvale out of Brisbane is in the spotlight after coal tycoon Nathan Tinkler listed his magnificent acreage and there are many listings there that seem to take forever to sell.

The Tinklers are seeking to sell their indulgent four hectare acreage (pictured below) in Pullenvale for between $4 million and $5 million. Rebecca Tinkler bought the property in 2007 for $5.2 million.


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It is one of many luxurious listings in the suburb of Pullenvale, 14 kilometres south-west of Brisbane, but if the marketing campaign goes anything like their neighbours it may be some time before it sells.

A four-bedroom, four-bathroom Geoffrey Pie designed house on a four hectare acreage at 736 Grandview Road Pullenvale (pictured below) is still listed for sale.

It has been on the market for more than 18 months.

It has an undisclosed asking price, but in April last year agent Noel Elliott from Urban 8 Real Estate was looking for $4.85 million for the property.

The home includes a billiard room with adjacent bar, a 1,500 bottle wine cellar, a library, an outdoor spa, a 2 million litre dam, and a private elevator.

The vendors bought the property in 2003 for $700,000, according to RP Data.

 

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