Brisbane's hottest luxe listing

BRISBANE’s best prestige agent Matt Lancashire has listed what is arguably the river city’s hottest house.

The 1400sqm six-level luxury home at 35 Morgan St, Ascot with its jaw-dropping sweeping views across the Brisbane River to Mt Cootha is the talk of the city.

“This six bedroom house is a showstopper by every metric. From the 50m long underground driveway entry, to the six car garage to the incredible panoramic view. It’s completely private yet with dual street access in the beating heart of Ascot,” Mr Lancashire said.

The biggest secret of the trophy home is hidden behind a concealed wall, which opens to the private ‘Bear Cave’ only accessible by a sneaky button inside a sculpted Shakespeare's bust!

Picture a secluded speakeasy private bar offering unparalleled entertainment opportunity with a 12-panel TV wall to the pool table, fully stocked copper bar with Bear Cave beers on tap plus a sound-proofed professional recording studio.

“As we start to move into the spring selling season there remains plenty of positivity for sellers and buyers. This is the best market I have seen in my 16 years in real estate. There is much more positive energy within the market and I actually think buyers better get quick as I expect 35 Morgan St will sell prior to its auction date on September 17,” Mr Lancashire said.

Mr Lancashire's previous sales at 10 Morgan St, Ascot which recently sold for $12,270,000 nine months ago and 55 Markwell St, Hamilton which sold for $12 million last year offer some comparable prices.

The ultimate family entertainer has an internal lift which offers easy access to all floors with their custom-designed indoor and outdoor living spaces.

There's multiple lounges, dining areas and alfresco terraces to choose from, not to mention a marble kitchen, wine cellar, not one but two swimming pools, a commercial-sized 100sqm gymnasium plus a state-of-the-art home cinema to rival any movie theatre in Brisbane.

Mr Lancashire, recently awarded the state’s top performing principal again across the leading group, said there was more activity across the board right from auctions to open for inspections.

“Auctions will continue to be the preferred method of sale as it allows the opportunity to create a platform to showcase a competitive environment, ensuring sellers can obtain an exceptional result.

“Our group has trademarked the term ‘competition creators’ because we believe strongly in the auction philosophy to maximise the best result for clients.”

Mr Lancashire said expat buyers, particularly those from Hong Kong, had been fuelling local demand.

“For the last two years we have seen a ramping up of demand from expats, particularly those in Hong Kong. So many people are coming up from Sydney and Melbourne and overseas and realising Brisbane is no longer a big country town,” he said.

“Brisbane is sexy and our property prices are a fraction of what they are still down south.

“I have clients who live in Brisbane and commute to Sydney for a day or so a week, it’s only an hour’s flight away and COVID made working from home possible for many people in the law and finance industries.

“We have a better lifestyle, better schools and a vibrant restaurant scene plus all the infrastructure spending on the go. I personally wouldn't live anywhere else except maybe for the Gold Coast.”