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Ray Martin sells his Sunshine Coast holiday home for $2.65million

TV royalty Ray Martin sells his four-bedroom Sunshine Coast holiday home for more than TEN TIMES what he paid for it two decades ago

Ray Martin has sold his family’s holiday home on Queensland’s Sunshine Coast for more than 10 times what he paid for it two decades ago.

The former 60 Minutes presenter, 77, bought the lakefront property in 2001 for $250,000 and it sold on April 7 for $2.65million, reports Domain.

The two-level home, located in the exclusive The Lakes estate in Mount Coolum, has four spacious bedrooms, each with its own ensuite bathroom.

Luxurious living: Ray Martin has sold his family’s holiday home on Queensland’s Sunshine Coast for more than 10 times what he paid for it two decades ago

The home opens to a combined living, dining and kitchen area on the first floor.

There is also a family room and cinema, ideal for entertaining.

A small courtyard in the middle of the property brings the outdoors in, while a large terrace at the back overlooks a picturesque lake. 

That's quite a profit! The former 60 Minutes presenter, 77, bought the property in 2001 for $250,000 and it sold on April 7 for $2.65million. (Pictured in Sydney on November 17, 2020)

That’s quite a profit! The former 60 Minutes presenter, 77, bought the property in 2001 for $250,000 and it sold on April 7 for $2.65million. (Pictured in Sydney on November 17, 2020)

Perfect for a family: The two-level home has four spacious bedrooms (one seen here), each with its own ensuite bathroom

Perfect for a family: The two-level home has four spacious bedrooms (one seen here), each with its own ensuite bathroom

Martin said his family had made many memories during their time at the holiday home.

‘The minute we open our front door, we hit the shorts and the T-shirts – and the blood pressure drops to chilled,’ he previously said.  

The veteran journalist and his wife, Dianne, listed the property because they wanted to spend more time in Sydney with their family.

Roomy: The first floor opens to a spacious combined living, dining and kitchen area (pictured)

Roomy: The first floor opens to a spacious combined living, dining and kitchen area (pictured)

Picture-perfect: The backyard swimming pool, ideal for lazy summer afternoons, is seen here

Picture-perfect: The backyard swimming pool, ideal for lazy summer afternoons, is seen here

‘The truth is, life moves on and you have to chase new dreams,’ he said.

Martin noted that Covid-19 lockdowns had changed their family circumstances, especially now he and Dianne are grandparents.

He added: ‘So, for a myriad of good reasons, we’re moving on – with a thousand great photos and a million even better memories.’

Family: Martin said Covid-19 lockdowns had changed their family circumstances, especially now he and wife Dianne are grandparents. Pictured: Ray with his son Luke at the 2014 Dally Ms

Family: Martin said Covid-19 lockdowns had changed their family circumstances, especially now he and wife Dianne are grandparents. Pictured: Ray with his son Luke at the 2014 Dally Ms

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Read more at DailyMail.co.uk