first_imgThe home’s swanky cinema room. The cellar at 17 Ningana St, Fig Tree Pocket, which was bought by Michael PalmerIt’s not the first house Mr Palmer has bought in the street, with the property investor purchasing 10 Ningana St for $1.85 million in early 2016.This is brings the number of properties Mr Palmer owns into double digits, at 10 residential addresses. The pool sits near the Brisbane River.That house was the former home of Linc Energy founder, Peter Bond, and its sale was second only to the suburb record of $8.25 million for 15 Ningana St, which was sold in 2014.The 17 Ningana St riverfront residence has luxury inclusions such as a 6000 bottle temperature controlled wine cellar, a gym, sauna, tennis court and pool.More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoAnd the mansion that Clive Palmer bought at 36 Needham St, Fig Tree PocketThe majority of living is across a single level, with four bedrooms, four bathrooms and several swanky living areas.There is also a self-contained unit on a separate level, marketed as, “Ideal for the nanny, au-pair, grandparents or older child”. The property boasts a tennis/basketball court. 17 Ningana St, Fig Tree PocketMICHAEL Palmer, son of embattled businessman and politician Clive Palmer, has tacked on another property to his fast-expanding portfolio.Mr Palmer dropped an eye-watering $5.1 million dollars on 17 Ningana St at Fig Tree Pocket — the second highest sale in the suburb this year. The son of Clive Palmer has dropped $5.1 million on this Fig Tree Pocket houseThe most expensive property sold in Fig Tree Pocket this year was, in fact, bought by his father, with the purchase of 36 Needham St at $7.5 million. Inside the home.That includes two Sunshine Coast properties, three canal and oceanfront Paradise Point homes, and five Brisbane residences.Mr Palmer also co-owns a commercial property at Jandowae, about 300km west of Brisbane, with his sister Emily. The home’s grand entrance. The property’s grand study.last_img read more