Positioned around 20km from the Brisbane CBD in a sought-after Burbank precinct, this sprawling 5.19-acre (approx 2.1ha) property has been sold by Malcolm Li of Queensland Sotheby’s International Realty after 10 days on the market.

The property offers dual living or income potential with a 1-bedroom guest/caretaker's cottage that features kitchen, living room, ensuite, and pool views.

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The main residence sprawls across a 467sqm single-level floorplan, with 4-bedrooms, well-appointed kitchen and butler's pantry, and a media room featuring tiered seating, a projector and large screen.

Also on the property, a self-contained cottage is ideal for guests or caretakers, and a supersized 22m x 12m shed will store your boat, caravan or more. Horse lovers are well catered for with stables, a tack room and a feed room while entertainers will appreciate the resort-style pool, tennis court and pavilion with built-in BBQ and wet bar, an expansive alfresco patio and Bali hut.

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Speaking to LUXURY LIST WEEKEND, Malcolm Li said close to 100 buyers inquired about the property during the 10-day campaign.

“Styled in Balinese fashion, the property garnered significant interest from many potential buyers, greatly aided by the high-quality videos and images,” Malcolm explained.

“The home sold for $3,400,000, which satisfied the seller. The buyers were locals who plan to live on the property.”

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“We are seeing very high demand for acreage, and I have 10-20 active buyers ready to go,” Malcolm told LUXURY LIST Weekend. 

“This marks our fourth transaction in Burbank this year, with an impressive average sales price of $2,993,750. We've achieved a listing and sale ratio of 100%, indicative of our successful track record. Each of our sales contracts has been an unconditional one, providing assurance of a smooth transaction process.” 

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“These statistics stand as testament to our capability in delivering top-tier real estate services in the area. We warmly invite potential buyers and sellers to reach out to us for more in-depth conversations about their property needs.”

Source: Queensland Sotheby’s International Realty

To view the listing or for more information click here.

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