Di Bella’s dream home hits market as he upsizes for growing family

first_imgMore than enough room to park three vehicles.In August he also sold the New Farm townhouse where he had started Di Bella Coffee, landing $661,000 for the two bedroom unit.Mr DiBella told The Courier-Mail “I won’t look at anything under $6.5m”.His real estate agent Matt Lancashire of Ray White New Farm was asking for expressions of interest for the luxury home at 30 Turner Avenue, New Farm. He said so far interest in the property had come from as far as London, with a few calls out of Asia, Sydney and Melbourne and local buyers. “Stock levels are generally quite tight in New Farm however in this location hardly anything has come up for sale. Also the construction (is high value). It’s all suspended slab and some features have seen no expense spared (on them).” FOLLOW SOPHIE FOSTER ON FACEBOOK FREE: GET THE COURIER-MAIL’S REAL ESTATE NEWS DIRECT TO INBOX Mrs Di Bella was behind major choices made in the home. No expense was spared in the kitchen. Lots of room for a barbecue.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours ago“It really suits a lot of family with younger kids or older children. We’ve got a nine-year-old and a seven-year-old,” he said. “So we found a house that’s another 400sq m bigger, it’s over 1000sq m, got more land, and it’s also got a half-court basketball court.”He said now that he had officially finished (June 30 this year) with Di Bella Coffee, he was also spending a lot more time at home. “It was time to sell Di Bella and they were the right people to take over. I am enjoying spending more time with the kids, and travelling with family in the school holidays.“I am out of Di Bella completely, consulting to RFG (business buyer), and also got other business interests. I’m just not travelling as much now … I don’t know if my wife wants more space for the kids or me,” he laughed. That’s quite a dramatic entrance. 30 Turner Avenue, New Farm. Picture: SuppliedFRESH off officially walking away from his Di Bella Coffee business for $47 million, Brisbane richlister Phillip Di Bella has listed his inner-city dream home for offers north of $6.5m – all in the name of family.He told The Courier-Mail that the four bedroom, four bathroom, triple car garage property at 30 Turner Avenue, New Farm, was his wife’s dream home.“My wife’s got all her touches in there,” he said. “It’s got everything from a beautiful parents retreat area to a (commercial grade) wine cellar.” Among the special features was a lift to all levels, as well as a heated pool with spa jets, sauna and smart home control.Mr Di Bella said they put the home on the market after deciding to move 300 metres down the road to a larger property where they could accommodate his children’s growing need for outdoor space.center_img Mr Di Bella said the home was perfect for teenagers.The massive 30 Turner Avenue home in New Farm was a testament to Di Bella’s business success, having been built in June 2009 just after the global financial crisis hit. He and wife Gianna paid $1.3m for a 540sq m block and were granted council approval to start building in December that same year.Mr Di Bella said it turned out that post-GFC was the best time to build such a luxurious home with his coffee business having taken off and market conditions seeing the cost of construction drop.“It was a good time in terms of tradesmen,” he said. “We were able to get some really high calibre people at a value price, they weren’t cheap by any means, $1500 a sq m (less) than it would have been if it had been in the middle of (a boom). It was right timing.” The pool is heated. The home has four bathrooms. Coffee mogul Phillip Di Bella and his wife Gianna in a rare file picture together when they launched a children’s book in 2014 on how coffee is made.last_img

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