Emily Palmer, offspring of controversial former politician Clive Palmer, has made a tidy $710,000 on the sale of a property bought before she was born.
Listed as a magnificent acreage property of grand proportions by agent Karl Rademeyer of Remax First Caloundra, the property was transferred to Ms Palmer after the death of her mother, Susan, over a decade ago.
Ms Palmer had it listed as a “large residence” covering over 2,000sq m of land with a four bedroom, two bathroom, double car space home on it.
It was described as being 10 minutes from the new Sunshine Coast Hospital, six kilometres from the beach and with proposals for a second house to be built on site.
“I think we achieved a really good price for it,” said Mr Rademeyer.
“It had a lot of interest. We had multiple offers on it and $710,000 is what it sold for.”
The property settled on February 7 which was when the new owners, a young couple, took ownership.
According to CoreLogic, Ms Palmer still has four other properties — three of which were on the Gold Coast and one in Brisbane university suburb, Taringa.