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New owner plans to restore Brisbaneâs third-oldest residence
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State heritage-listed Shafston House is under new management, with plans for a full restoration, apart from the Shafston International College campus buildings, which will be demolished.
The site is the third-oldest residence in Brisbane. It is situated on the Brisbane River at Kangaroo Point and was built in stages from 1851 to the 1930s.
Shafston House was designed by one of Brisbaneâs âmost sacred architectsâ, Robin Dods.
Credit:Queensland Heritage Register
The historic riverfront site attracted national and international interest when former owner Keith Lloyd put it on the market in November last year.
Shafston House at Kangaroo Point. Pics Tara Croser.
News by Chris Herde
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Subscriber only One of Brisbane s oldest residences Shafston House has been sold and the new owner plans to restore the property and the estate to its former glory. Burgundy Group Property Development director Kevin Pan bought the riverside estate which was put on the market last year by multi millionaire Keith Lloyd who also put all of the contents from the estate, including his superyacht up for auction. The Shafston Estate is a 1ha block at 23 Castlebar St, Kangaroo Point, and was home of the Shafston International College for more than two decades.
Property developer buys heritage-listed Shafston House but plans for site are unclear
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Shafston House has been sold to Kevin Pan from Burgundy Group Property Development.
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Key points:
The 1 hectare site has a land value of $17.5 million
An architectural expert says it is one of Brisbane s oldest surviving houses
According to the Queensland Heritage Register, the gothic-style house at Kangaroo Point is one of the oldest surviving properties in the city.
Brisbane real estate agent Andrew Gard from Cushman & Wakefield confirmed it was sold to Kevin Pan from Burgundy Group Property Development.
He said the sale settled on Monday.
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