Supercar champion Paul Weel has sold his Gold Coast mansion in Queensland for a staggering $16.95 million.
Located in the seaside suburb of Mermaid Beach, the sprawling four-bedroom, four-bathroom, split-level apartment spans a double block and offers stunning water views.
Built directly on the ocean, the property boasts a stunning 12.4 meter panoramic beach front.
Weel, 44, and his wife Emma bought the luxury resort-style home in 2022 for $15.85 million, The Courier-Mail reports.
Highlights include a spacious, open-concept design with double-height ceilings, oversized living spaces and an open-air entertaining terrace.
Supercar champion Paul Weel has sold his mansion on Queensland's Gold Coast for a staggering $16.95 million (pictured)
Weel, 44, and his wife Emma bought the luxury resort-style home in 2022 for $15.85 million (both pictured)
There is also a large kitchen with breakfast bar, commercial cold storage and an outdoor patio.
The master bedroom has a spacious dressing room and an en-suite bathroom with a bathtub and bidet.
Other highlights of the home include a plunge pool and a private front yard right on the beach.
Located in the seaside suburb of Mermaid Beach, the sprawling four-bedroom, four-bathroom, split-level apartment spans a double block and offers stunning water views
The master bedroom has a spacious dressing room and an en-suite bathroom with a bathtub and bidet
According to the report, Weel has sold its Gold Coast property portfolio in recent years.
Last year, the racing champion sold a Palm Beach spread for $10.2 million.
And in 2021, the AMSCAR participant fetched $10.9 million for his Carrara home.
In his long racing career, Weel made eleven starts in the famous Bathurst 1000. He also raced Super Trucks.
Highlights include a spacious, open-concept design with double-height ceilings, oversized living spaces and an open-air entertaining terrace