South Australia’s service station mogul Yasser Shahin is selling his $4.5 million Burnside Mansion just four months after his company bought it.
A stunning resort-style home at 4 Elizabeth Court in Burnside is on the market without a price guide, and its distributor says buyers will have the option of purchasing the home complete with furniture and artwork. says.
Grant Giordano of Giordano & Partners sold the house in May and is now selling it to Sharyn Yelland as a support agent.
“Adding about $100,000 worth of custom-made furniture and artwork, we sold it for $4.5 million,” Giordano said.
“A corporate client bought it for an employee, but the employee said it wasn’t from overseas.
“[It]was a very generous part of the compensation package, but ultimately the employee didn’t need it.”
The property was sold in May to Niyabi Pty. Ld at 270 The Parade, Kensington, the headquarters of Peregrine Corporation, for $4.5 million, according to Land Services SA.
Yasser Shahin is the director and sole shareholder of Niyabi Pty. Ltd., according to documents obtained from the company’s regulator, ASIC.
Shahin is the executive chairman of Peregrine Corporation and, along with his two brothers, Samer and Khalil, have a combined fortune of $1.93 billion, according to The Weekend Australians March 250 richest list. sharing.
Peregrine Corporation generates over $2 billion in annual revenue from its OTR convenience store chain, Smokemart, Giftbox, The Bend Motorsport Park, and various properties.
Giordano said the property sold in record time in May, and the home is still attracting strong interest.
“We sold it in one day,” he said.
“We have had some very interested buyers who have not been able to act as quickly as last time, so we are very excited to introduce them.
“I have four clients who fly in specifically to see this property.”
The home features 655 square meters of indoor and outdoor living space, five bedrooms, an office/studio, multiple entertainment areas, an infinity pool, and custom-made furnishings throughout.
“As for the renovation and the custom furniture tailored to it by the group that did it, it’s absolutely special. Over 2100 square meters, 3 levels and a living area spread over 3 levels from the pool to the infrared sauna, Jacuzzi. division,” said Giordano.
“The architectural styles range from Japanese minimalist to contemporary Scandinavian to tropical indoor/outdoor open spaces.
“It’s a great property and it’s changing the style of Adelaide architecture. It’s different in a good way.”
Gas Station Mogul Yasser Shahin Lists $4.5 Million Resort-Style Burnside Mansion
Source link Gas Station Mogul Yasser Shahin Lists $4.5 Million Resort-Style Burnside Mansion