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Grandfather sells $13.9m dream home for almost $4m less just months after winning it - realestate.com.au

RealEstate.com.au News •
October 21, 2026 • 01:14 AM
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An 80-year-old grandfather has walked away from a $13.9 million lotto mansion, giving it up for millions less than its prize valuation.

Grandfather sells $13.9m dream home for almost $4m less just months after winning it - realestate.com.au

First published 21 Oct 2026, 12:14pm

An 80-year-old grandfather who scored a $13.9 million luxury beachfront mansion in a lottery has sold the spectacular property for almost $4 million less than its prize valuation — just six months after his life-changing win.

The retired Sydney engineer became an overnight multimillionaire earlier this year when he won a Mediterranean-inspired mansion at Sunshine Beach, on Queensland’s Sunshine Coast, through RSL Queensland’s Dream Home Art Union.

This house at 27 Adams St, Sunshine Beach, has sold for $10.15m.

But rather than spend his retirement living it up in the lavish coastal retreat, the grandfather decided to cash in his extraordinary prize to secure his family’s financial future.

The four-bedroom mansion, known as Maslina, at 27 Adams Street, Sunshine Beach, was valued at $13.9 million when it was offered as the lottery’s grand prize.

Records show the Returned and Services League purchased the property for $13.25m in April, 2025.

This house at 27 Adams St, Sunshine Beach, has sold for $10.15m.

It has now sold for $10.15 million to resort managers, Geoffrey and Tamara Hussin, who manage Ivory Palms Resort in Noosaville.

Despite the substantial discount, the sale still represents an extraordinary windfall for a man who admitted he had never won so much as a meat tray.

The grandfather was standing in a pharmacy when he received the phone call informing him he had won the multimillion-dollar property, along with $250,000 in gold and more than $400,000 worth of designer furniture and luxury prizes.

The view from the house at 27 Adams St, Sunshine Beach.

His family initially thought the call was a scam.

“I have never won anything in my life – not even a meat tray,” he said at the time.

“I’ve had to work hard for everything I’ve done.”

But the lucky winner’s priorities were never about enjoying a lavish new lifestyle.

The property was sold by Adam Watts and Rikki Roberts of Watts Property Group.

The pool area of the house at 27 Adams St, Sunshine Beach.

Selling agent Adam Watts previously told media the grandfather was overwhelmed by the property and its craftsmanship, but believed the money from selling it would do far more for his children and grandchildren than keeping the mansion.

The three-level residence, designed and built by Sunshine Coast designer Paul Clout, sits just 50 metres from the beach and boasts sweeping ocean views.

Its resort-style amenities include a gym, steam room, sauna, ice bath, plunge spa, wine cellar and multiple entertaining areas overlooking the ocean.

“It feels like your own private resort,” Mr Watts said.

This house at 27 Adams St, Sunshine Beach, has sold for $10.15m.

The property attracted interest from local, interstate and overseas buyers, including some who were already familiar with its extraordinary lottery backstory.

But for the grandfather, the real prize was the opportunity to change the lives of those closest to him.

“There are so many wonderful things I can do to help people with a win like this,” he said after winning.

“That is what is important. I have done it all and I have got a nice life, but to be able to give to other people who are deserving is just a wonderful thing to be able to do.”

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