Mansion facing the river sells for $5m at auction
The home at 127 Laurel Ave, ChelmerA lower-level main bedroom has a large walk-in wardrobe and an ensuite with a claw foot bathtub.There is also a library, gym and wine cellar.“It’s probably one of the best riverfront blocks in Chelmer,” Mr Adcock said. The home at 127 Laurel Ave, ChelmerRiverfront homes specialist Jason Adcock of Adcock Prestige Real Estate, said the 3122sq m property at 127 Laurel Ave sold to a local family who were renting just one street over.The opening bid was $4 million.More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoThe home at 127 Laurel Ave, Chelmer“We had two registered bidders and probably a crowd of 80 to 100 people,” Mr Adcock said.“It was pouring rain at 11am but it didn’t seem to deter the crowds.” The home at 127 Laurel Ave, ChelmerHe said the property’s “unbelievable” block size and its wide frontage to the river appealed to buyers most.The outdoor space includes a grass tennis court, pool, sprawling level lawn and a gazebo with timber decking. 127 Laurel Ave, ChelmerTHIS riverfront mansion has sold at auction for $5 million. The home at 127 Laurel Ave, ChelmerHe said that the market for prestige homes was the best that he had seen in more than a decade.“This just shows that the prestige market in Brisbane has certainly come back to life,” Mr Adcock said.