Luxury renovated estate tops nation’s weekly auctions at $17m sale

Add as a preferred source on GoogleA luxury renovated Queensland estate has sold for a jaw-dropping $17m, becoming the country’s biggest sale at auction over the last week. The six-bedroom, five-bathroom home at 1 Sutherland Ave, Ascot, was just one of several prestige homes to sell at Brisbane’s latest Ray White Collective auction event, which sold more than $28m worth of property over the weekend. The luxury estate known as ‘Suthermere’ at 1 Sutherland Ave, Ascot, was the nation’s biggest sale at auction over the second week of September – going under the hammer for $17m. Four registered bidders went head to head for ‘Suthermere’, a Federation-era estate bought by the Scott-Young family in 2001 for $1.66m. The 2,024 sqm property underwent a complete restoration and renovation that took the better part of five years, which included manufacturing custom bricks to replicate the home’s original build. The six-bedroom property was last bought in 2001 for $1.66m, and underwent a complete restoration and renovation during the vendors’ ownership. Old features were retained and enhanced, and three new wings were added to the 2,024 sqm property. Vendor Donna Scott-Young also added modern f...