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Chinese investor sells sprawling farm for $5.35million... but can't offload nearby mansion


A Chinese billionaire with extensive property holdings on the Gold Coast has made a tidy profit on a scenic farm he purchased six years ago. while still trying to offload the $50million mansion he owns in the same area. 
Riyu Li, who moved his family to Australia from China in 2000, recently sold beautiful Wirlinga Park cattle farm in the Tallebudgera Valley for $5.35million.
Mr Li had purchased the property in 2015 for $3.95million. He achieved the $1.5million profit by breaking the 105.78 hectares into two parcels.
Wirlinga Park cattle farm in the Tallebudgera Valley sprawls over 105.78 hectares
The $5.35million sale price for the property was achieved by breaking it into two parcels ....

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Chinese billionaire Riyu Li's plans for Gold Coast adventure park ruined so he sells for $6million


A sprawling rainforest property owned by a Chinese billionaire has hit the market after his dream to transform it into an adventure park was dashed.
Property developer Riyu Li bought the 162 hectare property for $3.5 million back in 2016 through one of his investment firms.
The nature retreat is nestled deep in the Tallebudgera Valley on the Gold Coast, just a 35-minute drive from Surfers Paradise or Coolangatta airport. 
A sprawling rainforest property nestled in the Tallebudgera Valley on Queensland s Gold Coast has hit the market with an asking price of $6million
The hinterland enthusiast dreamed of transforming the property into a wellness retreat and extreme adventure park to host visiting tourists.  ....

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