An 80-year-old grandfather who scored a $13.9 million luxury beachfront mansion in a lottery has sold the spectacular property for almost $4 million less than its prize valuation — just six months after his life-changing win. The retired Sydney engineer became an overnight multimillionaire earlier this year when he won a Mediterranean-inspired mansion at Sunshine Beach, on Queensland’s Sunshine Coast, through RSL Queensland’s Dream Home Art Union. This house at 27 Adams St, Sunshine Beach, has sold for $10.15m. But rather than spend his retirement living it up in the lavish coastal retreat, the grandfather decided to cash in his extraordinary prize to secure his family’s financial future. The four-bedroom mansion, known as Maslina, at 27 Adams Street, Sunshine Beach, was valued at $13.9 million when it was offered as the lottery’s grand prize. Records show the Returned and Services League purchased the property for $13.25m in April, 2025. This house at 27 Adams St, Sunshine Beach, has sold for $10.15m. It has now sold for $10.15 million to resort managers, Geoffrey and Tamara Hussin, who manage Ivory Palms Resort in Noosaville. Despite the substantial discount, the sale still repre...
Grandfather sells $13.9m dream home for almost $4m less just months after winning it
21 hours ago
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