An Adelaide mansion built by hotel tycoon Peter Hurley is tipped to become the state's most expesnive home, topping the $6.5 million price paid for Glenelg property Stormont in 2010.
Located at 9 Hillside Rd, Springfield, the property last traded hands in 2008 when it sold for $4.2 million. The mansion was built in 1998 by Hurley, who spent 14 years on the Adelaide Football Club board and has also been on the ABC board and the Australian Tourism Commission board. The home boasts 1000sqm of living space and is set on a 2200sqm block. Features include five bedrooms, four bathrooms, a tennis court, gym, billiard room, indoor pool, home cinema and parking for 22 cars, including 10 in an underground garage. The master suite comes with his and hers walk-in robes and a marble ensuite.
Real Estate Institute of South Australia chief executive Greg Troughton said the house was likely to set a new residential sale record, and there had not been a property like it on the market in some time. "It’s the only place on the market that I am aware of that could break, if not beat, the state record," said Troughton.
It is being sold by Adcorp Property Group director Joe Oppedisano, who described the home as one of Adelaide's most coveted addresses. "It's an exclusive home very much reminiscent of a Beverly Hills property," said Oppedisano. "Springfield is Adelaide's most exclusive location, and this is an exclusive home." Oppedisano said the current owner did not wish to be named, and was an Adelaide identity.
"It went on the market last Friday and there are some interested parties we are working with," Oppedisano said. "At the moment we're dealing with some local people. We're not quoting a price range per se."