Former Bullivant mansion sells for record price

Posted: 7am 10 Sep 2021

It was one of two ‘his and hers’ mansions on the waterfront at Redcliffe built by vitamin king Vaughan Bullivant and his former wife Carmel in the early 2000s, before being sold in 2014. The plantation-style home has just been sold again for a record price.

Back in 2014, it was reported the property sold for more than $5 million.

Stephanie Williams at Ray White Scarborough sold the home, on August 28 this year, via auction for an undisclosed amount on but says it’s a new record.

Stephanie says the buyer and the seller requested the details of the sale not be disclosed and both parties wish to remain anonymous.

The former home of Carmel Bullivant, at 120 Prince Edward Pde, Scarborough, attracted plenty of interest from locals, interstate and overseas buyers.

The buyer bought it sight-unseen, is familiar with the area and plans to make it their home.

Stephanie says the nature of the sale is a reflection of the market at present.

“There’s lots of this going on at the moment,” she says.

But there were plenty of other people keen to look at the home on the day, with more than 150 attending the inspection and auction.

“There were people everywhere. We had to shoo them out of the house. A lot of people came to see what a real mansion was like, particularly in that location,” Stephanie says.

“That house was always going to create some interest and activity. We expected it to be quite popular.

“It’s not too often you get to see that calibre of home.”

Something special

Check out the photo gallery. Images courtesy of Ray White Scarborough

The home on 1742sqm of prime waterfront real estate has six bedrooms, four bathrooms, five separate living areas, three-car garage, 80sqm rumpus/games room and much more.

Stephanie says the style and quality of the home set it apart from others, showcasing the plantation style of New Orleans.

“It’s 18 years old and the building and pest inspector was impressed by how well it was built. The attention to detail and design was next-level,” she says.

“It is an old-world style home. The architecture is brilliant as is the quality of construction. Everything is a feature in itself.”

Stephanie says interest in homes on the Redcliffe peninsula is growing as people discover how beautiful the area is.

“We’re seeing more people come into the area willing to invest that type of money,” she says.

Stephanie has worked in real estate for 16 years and while she has seen three booms, this one has different driving forces.

“There’s a high level of buyers and low levels of stock,” she says.

There’s also ‘cheap money’ with interest rates low.

So, what’s her message to buyers and sellers?

“To buyers, it’s the perfect time, the perfect storm to achieve a great result,” she says.

“To sellers, be quick. Don’t dawdle or walk. You need to make a decision – do you want to get amongst it. If you snooze, you’ll lose.”

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