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Historic Queensland estate sold for estimated $20m

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.

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