Cerulean Estate

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Premium land now up for grabs on the Capricorn Coast

If 2023 is your year for sea change, you are in luck, with Cerulean Estate releasing the first stage of their boutique new community, perfectly positioned behind popular Lammermoor Beach, and ideally located between Yeppoon’s CBD and Keppel Bay Marina.

Flanked by multimillion-dollar mansions, the couple bought the two adjoining blocks totalling 1812sq m of land on the exclusive strip at Archies Beach for $2.35 million.

The double block bought by the Charlton’s at Bargara

That means they now have over $31 million to splash out on a mega mansion.

PRD agent Mark Gelsomino, who sold the blocks, declined to comment.

Property records show that next door is The Glass House, a striking residence owned by controversial Greensill Capital founder Lex Greensill, whose global empire collapsed earlier this year owing billions of dollars to creditors. 

That property was purchased for $4.12 million in 2019, according to CoreLogic.

Award-winning “The Glass House” when it was listed for sale before being purchased by Lex Greensill

On Four Corners on Monday, a local farmer accused the Greensill clan of crushing small family farms in the region.

The Greensills have snapped up more than $40 million of land in the Bundaberg region over the last five years as they expanded their agricultural operations into one of the biggest in the state, and expanded their broadacre production of sweet potatoes, peanuts and cane to gain supply contracts with Coles, Bega and Edgell.

Greensill Farming CEO Damien Botha also owns a home on the same exclusive strip.

Other owner-occupiers and investors in the well-heeled street include business owners, artists, farmers, advocates and doctors.

The median house sales price in Bargara is $428,000, according to CoreLogic.

Lex Greensill of Greensill Capital, London 1 December 2020- Picture By Annabel Moeller

Other owner-occupiers and investors in the well-heeled street include business owners, artists, farmers, advocates and doctors.

The median house sales price in Bargara is $428,000, according to CoreLogic.