The council's planning officers listed several reasons for approving the development, including that it "ensures the works do not damage or diminish the cultural heritage significance of the site".
Shafston House at Kangaroo Point. Pics Tara Croser.
News by Chris Herde
Premium Content
Subscriber only One of Brisbane s oldest residences Shafston House has been sold and the new owner plans to restore the property and the estate to its former glory. Burgundy Group Property Development director Kevin Pan bought the riverside estate which was put on the market last year by multi millionaire Keith Lloyd who also put all of the contents from the estate, including his superyacht up for auction. The Shafston Estate is a 1ha block at 23 Castlebar St, Kangaroo Point, and was home of the Shafston International College for more than two decades.
Property developer buys heritage-listed Shafston House but plans for site are unclear
TueTuesday 2
updated
WedWednesday 3
Shafston House has been sold to Kevin Pan from Burgundy Group Property Development.
(
Share
Print text only
Cancel
Key points:
The 1 hectare site has a land value of $17.5 million
An architectural expert says it is one of Brisbane s oldest surviving houses
According to the Queensland Heritage Register, the gothic-style house at Kangaroo Point is one of the oldest surviving properties in the city.
Brisbane real estate agent Andrew Gard from Cushman & Wakefield confirmed it was sold to Kevin Pan from Burgundy Group Property Development.
He said the sale settled on Monday.