Federal Budget 2026: what it means for you in the property market

READ MORE

The trends, features 
and suburbs defining 
luxury in 2026

The five-bedroom, five-bathroom property at 76 Windermere Road, Hamilton, is being marketed by Ray White Ascot director Damon Warat and sales agent Nick Roche.

The property is for sale with best offers on or before 21 May at 2pm.

“Set on a 2,699sqm estate behind a private, tree-lined frontage, the property offers a once-in-a-generation blend of immediate liveability and future architectural grandeur,” Mr Warat said.

Owned by Queensland property developer Michael Zhang, the three-level home is a masterpiece of space and elevation.

Relocating to the Gold Coast for family reasons, Mr Zhang is offering the property to the market as a unique dual-prospect: a grand, renovated family home for today, or the site of a future architectural masterpiece.

Mr Zhang said while the current home has been meticulously renovated for immediate enjoyment, the property has a Council-approved DA for a transformation by the renowned DKO Architecture.

“This vision features a five-bedroom, five-bathroom masterpiece complete with a lift, cinema, gym, and swimming pool, giving the next owner total certainty for a future rebuild on Brisbane’s most prestigious street,” Mr Zhang said.

Mr Zhang said when he first bought the home - originally built in 2008 - it was dated.

“As a developer, I wanted to bring it up to a modern, luxury standard, so I undertook a comprehensive renovation,” he said.

“I’ve updated everything from the flooring and the kitchen to the bathrooms and the landscaping. It is now a fully refreshed, contemporary home.”

Architecturally, the home offers nearly 1,000sqm of internal living space across three levels - a building height that is almost impossible to achieve under current design regulations, Mr Zhang said.

Framed by manicured gardens, the grounds feature a professional north-south tennis court and a cricket pitch.

“The outlook is truly breathtaking - stretching from river glimpses and the Gateway Bridge to St Margaret’s and across to Moreton Island on a clear day,” Mr Zhang said.

The home is wrapped in verandas designed to harness panoramic views.

Mr Zhang said the grand-scale floorplan includes a media room, formal dining, and a kitchen with dual walk-in pantries, all serviced by a dumbwaiter that connects to a temperature-controlled wine cellar.

Up next

Property market enters a more disciplined phase
Back to top