Ian Macfarlane buys Sunshine Coast apartment
The former Federal Minster Ian Macfarlane has bought an apartment on Queensland's Sunshine Coast.
He has paid a savvy $1.25 million for an apartment in the Jedda complex which overlooks Mooloolaba Beach.
The apartment last traded for $1.25 million in 2006 and then was completely refurbished three years ago.
Villa Prestige Property agent Linda Shore-Perez was asking $1.5 million for the apartment that had been on the market for nearly 200 days.
Set on the top floor, the unit has three bedrooms, two bathrooms and a private rooftop with jacuzzi.
There are views to the Point Cartwright lighthouse and Old Women Island.
The Mount Lofty-based Macfarlane represented the Groom electorate for 18 years before retiring last year, then becoming the chief executive of the Queensland Resources Council.
This article first appeared in The Weekend Australian Mansion Australia section.
