THE record for a home sale in the idyllic far north Queensland town of Port Douglas has been smashed with one of the country’s most luxurious hilltop estates fetching more than $8 million.
The hilltop estate at 1-3 Wharf Street was the long-time home of millionaire businessman and tourism identity John Morris, who built the property 30 years ago.
The sought-after 2390 sqm property, which offers uninterrupted views across the Coral Sea, was expected to sell for close to $10 million.
The sale was negotiated by Barbara Wolveridge of Sotheby’s International Realty, who declined to reveal the exact sale price or the identity of the buyer, except to say they were from interstate.
The last biggest sale in the town was in 2017 when Melbourne property developer Michael Yates sold his Wharf Street retreat for $6.8 million to Paragon Financial Group director Dean Cook and his wife, Larah.
The five-bedroom, six-bathroom home spans across a U-shaped winged configuration.
One wing accommodates living and entertaining areas, while another is for private family-living with guest bedrooms and a master residence.
Records show Mr Morris sold the house in May 2000 for $4.6 million to tourism company Quicksilver Connections, but then bought it back again in 2007 for $10 million.
Ms Wolveridge said she received strong interest in the property, particularly from southerners.
Mr Morris is downsizing to a smaller property in the Sheraton Mirage complex, also in Port Douglas.
Known as ‘Mr Port Douglas’, he is well known for putting the town on the tourism map, having developed and operated several resorts, including Sheraton Mirage and Radisson Treetops.
Port Douglas has been on the bucket list for southerners as the perfect blend of a sea change and a tree change long before the COVID-19 pandemic.