Rigid rural regulation

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No deal for Linc Energy founder Peter Bond’s waterfront mansion

first_imgRay White auctioneer Haesley Cush at the auction of 36 Needham Street, Fig Tree Pocket. (AAP Image/Richard Walker)The property had been previously listed with other elite Brisbane agents including the principal of Adcock Prestige — Brisbane, Jason Adcock and Tyson Clarke of Queensland Sotheby’s International Realty — Ascot who had it listed for $11.9 million.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:06Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:06 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThe agent breakdown – who is who01:06With six registered bidders on board, about 70 people attended yesterday’s auction including neighbours and other high profile Brisbane agents.36 Needham St, Fig Tree Pocket 36 Needham St, Fig Tree PocketThe founder of collapsed Linc Energy Peter Bond has failed to sell his prestige waterfront mansion at auction with the property passing in at $9.25 million.Known as Rivergum Retreat, the seven-bedroom, nine-bathroom pad at 36 Needham St, Fig Tree Pocket, was purchased by Bond in November 2009 for $9.5 million.Since Linc Energy went into receivership last year with debts of more than $300 million, Bond has been trying to offload his property.Peter Bond, former Linc Energy boss. Photo: Anthony Weate More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoCrowds at the auction of 36 Needham Street, Fig Tree Pocket. (AAP Image/Richard Walker) 36 Needham St, Fig Tree Pocket. 36 Needham St, Fig Tree Pocket.Bond’s property spans 1.2ha and has river frontage of 132m. It also has a climate-controlled wine cellar, fully equipped gym, a boardroom, meeting rooms, gold class cinema, a horizon heated swimming pool complete with outdoor teppanyaki bar, a tennis court, and water sports facilities.According to CoreLogic data, the property was once owned by Zoe Cheihk, wife of developer George.Ray White New Farm principal Matt Lancashire was yesterday afternoon continuing negotiations with the highest bidder.last_img read more