Estate sold for $2.75m tipped to change hands for $15m-plus

89 Oakridge Street, Burbank

A vast estate that changed hands for just $2.75 million in 2016 has been listed for sale, and it is expected to demolish the suburb record with a price guide of over $15 million.

Located at 89 Oakridge St in Burbank, where the median house value in the greenbelt suburb is now $3.185 million, the 11 bedroom, 10 bathroom residence sits on 11.45ha block, with top offers closing on October 30 at 4pm.

Called Oakridge Lake Estate, it is being marketed by Queensland Sotheby’s International Realty agent Malcolm Li.

89 Oakridge Street, Burbank

“An icon of historic significance, Oakridge Lake Estate is a Federation-style Queenslander that epitomises timeless grace and grandeur,” the listing says.

“Designed in 1904 by renowned architect Robin S. Dods, the visionary behind many of Australia’s finest buildings, and relocated from Newstead in 1982, it is ready for a new generation to create cherished memories in this private 28-acre paradise.”

89 Oakridge Street, Burbank

Entry to the fully restored residence is via a tree-lined driveway, with the home overlooking manicured grounds and a lake.

It boasts a 1043sq m floorplan, with features including parquetry floooring, stained glass windows, ornate mouldings and a butterfly staircase in the grand foyer, which also features a chandelier and a detailed ceiling.

French doors open out to the wraparound verandas.

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89 Oakridge Street, Burbank

The lower level of the main house has a grand entertaining lounge, a formal lounge and ding area with a central kitchen, a lounge/office, three bedrooms and a family bathroom.

Upstairs has another open plan kitchen and dining area that flows out to the balcony and outdoor entertaining area, a living area, two further bedrooms and two master suites, both with walk-in robes and ensuites.

There is also a library on this level.

89 Oakridge Street, Burbank

Two additional dwellings add versatility for multi-generational living, staff accommodation, or guest retreats.

89 Oakridge Street, Burbank

The second home blends character with contemporary comfort and features three bedrooms, two bathrooms, a kitchen, dining and lounge area, cosy loft, games room, laundry, and triple garage.

The third dwelling, a flexible studio with a basement, includes a kitchenette, bedroom or office space, bathroom with spa facilities, a soundproof multi-purpose room, and a powder room.

Outside features a championship-sized tennis court, one of Brisbane’s largest private swimming pools which incldes sandstone surrounds, a grotto and mosaic-tiled spa.

89 Oakridge Street, Burbank

There is also an adjoining pavilion with a teppanyaki bar and built-in bar facilities, a lakeside deck, garden paths and a secluded island accessed by a footbridge.

89 Oakridge Street, Burbank

Other features include firepits, gazebos, and a treehouse with a deck.

“Set within a private and peaceful enclave, Oakridge Lake Estate achieves the perfect balance of semi-rural seclusion and urban convenience,” the listing says.

Expressions of interest close at 4pm on October 30.

89 Oakridge Street, Burbank

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