Former V8 Supercar racer Paul Weel sells Gold Coast beachfront mansion


first_imgHe now runs a family company on the Gold Coast with his father Kees Weel – a former motor mechanic for Holden – making high-performance radiators and engine coolers for V8 Supercars.Weel and his wife, Emma, listed their Hamptons-inspired house on the market in May.The couple bought the property, which was originally home to a rundown beach shack, for $3.09 million in 2015. 504 The Esplanade, Palm Beach.“It was either that or they were going to redevelop their own block – this just saves them the hassle of redevelopment.”Mr Dowker declined to comment on the price but property records confirm it sold for $5.5 million.Weel was a well-known Supercar racer for a decade before he retired following a sickening crash at Bathurst in 2008.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoHe was left with a ruptured spleen, four broken vertebrae and a punctured lung when his stationary car was struck at high speed during a practice session for the Bathurst 1000. NEW ERA FOR COAST PROPERTY 504 The Esplanade, Palm Beach.The house that stands on the 824sq m block today was finished in early 2017 and spans three levels.It has five bedrooms, six bathrooms, breathtaking ocean views, polished concrete and timber floors, white VJ walls and high ceilings.Mr Dowker said it attracted a lot of attention from house hunters on the Gold Coast as well as interstate and overseas.After 46 days on the market, he said the campaign generated 53 enquiries and more than 17,000 online page visits.“The amount of page visitors online was huge,” Mr Dowker said.He said the sale was finalised four days after the expressions of interest campaign ended.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:15Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:15 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), 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 Gold Coast has grown up02:15 504 The Esplanade, Palm Beach. 504 The Esplanade, Palm Beach.FORMER V8 Supercar driver Paul Weel has sold his Gold Coast beachfront mansion in a $5.5 million deal.The multimillion-dollar sale was cemented late last week following a 60-day settlement period.Marketing agent Troy Dowker, of Ray White Mermaid Beach, said local buyers snapped up the Palm Beach house on The Esplanade.“They had something similar, it was like a trade up,” he said. 504 The Esplanade, Palm Beach. COAST HOMEOWNERS TURN TO RENOVATIONSlast_img

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