Coffee king forks out $6.5m for Queensland home
COFFEE king Phillip Di Bella and his wife Gianna, have beaten two other interested buyers to secure a New Farm home for $6.5 million.
The couple, who have listed their 30 Turner St, New Farm home for sale, bought the 1016sq m residence in Sydney St, New Farm which was architecturally designed by Monster Ideas Architects and built by CGH Construction.
Matt Lancashire of Ray White New Farm negotiated the sale which was finalised on Friday.
"There were three seriously interested parties in the Sydney St home which sits on the corner of Oxlade Drive," Mr Lancashire said.
He said the Di Bella's were very happy with the new home for their family and that interest was also good for the home they were selling. It was targeted at $5 million plus buyers.
"The Brisbane prestige property market seems to be off to a flying start and we expect to see many more high-end sales take place over the coming months," Mr Lancashire said.
Mr Di Bella said it would be sad to leave the Turner Ave home, however it was time for a change for the family.
"It's an amazing home and we hope the next family will enjoy it as much as we have," Mr Di Bella said.