A Bridgeman Downs mansion has changed hands again, just 12 months after selling for over $4m


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UPDATED: The sales price for one of Brisbane’s most stunning suburban estates has been revealed, with the vendor taking a $324,500 hit to the back pocket.

That works out to be a loss of about $27,000 a month – or roughly the monthly salary for four to five workers.

The average CEO earns about $160,000 a year, while top tier surgeons take home about $350,000, according to jobs data.

When the sale of the property was first revealed, the agent refused to divulge the undisclosed price.

But the price has now been revealed by CoreLogic.

Previously, the Courier Mail revealed that the vendor had bought the property at Bridgeman Downs just 12 months ago, but changed his mind and never lived there.


EARLIER: One of Brisbane’s most outstanding suburban estates has changed hands again — just 12 months after it was bought for $4.42 million.

The vendor — who never lived at the property — bought the Gatsby-style residence off a New Zealand couple, who returned to the Land of the Long White Cloud in July last year.

The American-style estate, which is located at 58 Retreat Street in Bridgeman Downs, was originally built in 2003 for printing industry entrepreneur, Earl Baskerville.

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58 Retreat Street, Bridgeman Downs, was sold again by Place Bulimba

Property data shows it sold again on July 1, with the price yet to be disclosed.

It was sold by Place Bulimba agents Brenton Faehrmann and Morgan Stevenson after 127 days on the market.


Mr Faehrmann said the vendor, a businessman, had never lived in the property.

He said the new owners, a couple with interests in the rural sector, had fallen in love with the gardens, in particular.

“They wanted space and privacy,” he said. “They loved the outdoors lifestyle this property offered.

“They loved the house but particularly loved the gardens.”

RELATED: Bridgeman Downs mansion has wow factor

The American-style estate is sprawled across 2.5 acres of manicured grounds.
It has five bedrooms, each designed to be their own private sanctuary, with the master suite featuring a walk-in robe, a private Juliet balcony and a lavish ensuite finished with two marble vanities, dual showers and exquisite tiling.

Features within the 800 sqm interior include natural materials such as Blackbutt timber, Comerford sandstone and Western Australian jarrah, which has been used for the ornate skirtings and cornices, elegant architraves, and soaring cathedral-esque ceilings.

At the heart of the house is the kitchen which overlooks a main living area that opens on to the courtyard via sliding, stackable doors.

Other features include a formal lounge, home office or library and a games room with a fireplace and timber trusses that are over 100 years old.

How’s that for a games room!

Outside there is an in-ground pool, pergola, tennis court, a fully self-contained pool/tennis house including kitchenette and ensuite and pathways that weave their way through the gardens.

Your own personal Wimbledon!

Other notable features include an integrated audio system, comprehensive security system, three phase power, ducted airconditioning throughout, Vacu-Maid, Dynalite Home Management System, irrigation system and three bay shed.

The property is situated in Bridgeman Downs’ Millionaires Row.

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