A former AFL player has transformed a run-down block of brown flats into a $25million mansion.

Tony Smith, tour phượng hoàng cổ trấn 53, and his wife Simone bought the dilapidated 17-unit building at 2 Heron Avenue on Mermaid Beach on the Gold Coast for $12million in 2014.

In the six year that followed, the Sydney Swans star turned property developer transformed the 2,112sq/m lot into one of Queensland's most expensive mansions. 

The property features 40 metres of stunning beachfront, four ensuite bedrooms, a cinema, spa, steam rooms, a self-contained granny flat and a north-facing pool with a built-in trampoline.









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The Sydney Swans star turned property developer transformed the 2,112sq/m lot into one of Queensland's most expensive mansions







Tony Smith, 53, and his wife Simone bought the dilapidated 17-unit building at 2 Heron Avenue on Mermaid Beach on the Gold Coast for $12million in 2014


Harry Kakavas, the selling agent at Prestige Property Sales, told Daily Mail Australia the property was sold to a businessman from the upmarket suburb of Toorak in Melbourne earlier this month.

He plans to use the mansion, which is a few doors down from a property belonging to billionaire Clive Palmer, as a holiday home. 






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The $25million price tag matched record set in 2016 when the former boss at fashion label Billabong sold his mansion on Albatross Avenue in the same suburb. 

Mr Kakavas said the Heron Avenue sale was an expected victory during the COVID-19 pandemic.






The the property was sold to a businessman from the upmarket suburb of Toorak in Melbourne earlier this month


'With COVID, more people are looking to holiday at home as there will be fewer people inclined to travel during these times, even when they can,' Mr Kakavas told Domain.

As a result, 'lifestyle properties' - homes that look and feel like holiday retreats - will be in demand. 

'This property is definitely one of the Gold Coast's top five best homes … and to have a 40-metre north-east-facing beachfront block is extremely rare,' he said.

'I mean the sheer width of the property alone [makes it one of a kind], but with beachfront living you're usually so close to your neighbours that you can hear them changing their minds.'

Mr Kakavas said most of the buyers looking at coastal properties are from interstate.    






Tony Smith is a former Sydney Swans player who retired in 1988. He is now a successful property developer living in Queensland




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