17 Cypress Court, Minyama, has its own private beach
A Queensland billionaire has re-listed his ‘legacy estate’ that he personally built more than 30 years ago.
The expansive waterfront residence, called Tangaroa, sits on a 2083 m² block with its own private beach and 94 meters of deep water frontage.
It is owned by property developer Mal Pratt and his wife Judith.
The couple bought the block in 1995 for $950,000 and first put the property up for sale in 2023.
In 2024, it was listed for offers over $25 million.
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One of the Coast’s most prolific property developers, Mal Pratt. Photo: Patrick Woods.
The average house price in Minyama now stands at $2.56 million, up 18.5 percent in the past year and 83.5 percent in five years.
Based on that trajectory, Pratt’s home could soar toward $30 million if he lands the right buyer.
The current house sales record in Minyama is $17 million, which was set in December last year.
Tangaroa’s listing is now with Harcourt’s Prestige agents Matthew Wall and Nathan O’Neill.
There is currently no price list where the property is simply stated ‘For Sale’.
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“Perfectly positioned at the end of a prestigious cul-de-sac, Tangaroa is one of Minyama’s most remarkable waterfront properties, a home of grand proportions, refined craftsmanship and timeless coastal elegance,” the new listing says.
“Set on an impressive 2083 m² with 94 meters of deep water frontage, this architect-designed estate captures the essence of luxury living on the Sunshine Coast.”
17 Cypress Court, Minyama
Access to the pavilion-style residence is via a private gateway through lush tropical gardens.
At the heart of the house is a central pavilion with 9 meter high Tasmanian oak vaulted ceilings, Blackbutt timber floors, soft natural tones and bespoke joinery.
17 Cypress Court, Minyama
There is a designer kitchen and living area with multiple lounge and dining areas, a bespoke bar and access to the large open-air terraces overlooking the water.
17 Cypress Court, Minyama
A solar-heated 25-metre pool with a bridge crossing and poolside pavilions offer resort-style living.
17 Cypress Court, Minyama
There are five bedrooms in total, including a guest wing with its own entrance and kitchenette, and a master suite with river views, a walk-in dressing room and a spa-inspired ensuite.
The floor plan is huge
Other features include a pontoon with deep water access, carved sandstone pillars, Italian travertine tiles, plantation ceiling fans, solar heating, dual-zone air conditioning, double gated driveways and a four-car garage.
17 Cypress Court, Minyama
“Tangaroa has been meticulously maintained by its original owners since its construction and remains a statement of architectural splendor and enduring luxury, one of Minyama’s most iconic waterfront estates,” the listing said.
17 Cypress Court, Minyama
Property records show the Pratt’s also own a unit in Maroochydore and another in Palm Cove.
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