- A massive luxury Gold Coast four-level mansion with a pool and movie theatre is being sold for 500 Bitcoin
- The property’s owner David Jenkins is hoping to take advantage of the crypto-currency’s upswing
- The home is surrounded by properties costing up to $15million in the affluent suburb of Sovereign Islands
A luxury mansion with a swimming pool and home cinema is up for sale – but for an unconventional price.
The four-level Sovereign Islands mansion on Queensland’s Gold Coast is being sold for 500 Bitcoin.
Owner David Jenkins said he was hoping to take advantage of the crypto-currency’s upward swing.
A luxury mansion with a swimming pool and home cinema is up for sale – but the homeowner is asking for an unconventional price
The four-level Sovereign Islands mansion on Queensland’s Gold Coast is being sold for 500 Bitcoin
Owner David Jenkins said he was hoping to take advantage of the crypto-currency’s upward swing
‘I’ve been trading the stuff for a little while now and noticed over the last six months a lot of people are actually trading large assets for these things,’ Mr Jenkins told AAP
‘I thought it might be a good opportunity for people who have been holding on to a lot of them from when they were really cheap to offload some and get a house,’ he said
‘I’ve been trading the stuff for a little while now and noticed over the last six months a lot of people are actually trading large assets for these things,’ he told AAP.
‘I thought it might be a good opportunity for people who have been holding on to a lot of them from when they were really cheap to offload some and get a house.’
At the time of publication 500 Bitcoin was worth $6.5million.
The house has been listed since March, but the Bitcoin offer has only been available this week.
The 110 sq m home has four bedrooms, five bathrooms, canal views, swimming pool, wine cellar, 10-seat movie theatre, 10-car garage, commercial grade lift and three lounges.
At the time of publication 500 Bitcoin was worth $6.5million
The house has been listed since March, but the Bitcoin offer has only been available this week
The 110 sq m home has four bedrooms, five bathrooms, canal views, swimming pool, wine cellar, 10-seat movie theatre, 10-car garage, commercial grade lift and three lounges
The property has five luxurious bathrooms in addition to five bedrooms spread over four levels
The property’s listing says the home has ‘major wow factor’, and is surrounded by homes costing between $5million and $15million in the affluent Sovereign Islands suburb
The property’s listing says the home has ‘major wow factor’, and is surrounded by homes costing between $5million and $15million in the affluent Sovereign Islands suburb.
Mr Jenkins said the house price was a ‘moving target’ as the price of Bitcoin increased.
‘That’s the amazing potential of this thing. But in a few years it could be worth much, much less.’