How an Australian woman made more than $1million in 15 months

A Gold Coast woman has made more than $1million in profit from the sale of her luxury multimillion dollar mansion.

Rosa Raso, the wife of Austworld plumbing group head Sam Raso, sold the two-level, seven-bedroom house in Mudgeeraba’s Jabiru Estate for a whopping $5.6million.

Ms Raso bought the property in August 2020 for $4.6million – resulting in an eyewatering profit of $1million in just 15months.

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Rosa Raso, the wife of Austworld plumbing group head Sam Raso, has made $1million in profit after the sale of a mega mansion in Mudgeeraba’s Jabiru Estate (pictured)

It is reportedly the highest price paid for a property in the suburb, according to Realestate.com.au.

Based on Brazilian architecture, ‘Jabiru House’ was built by Melanie Singsam and Robert Semaan on a 4,611 square metre plot of land bought for $855,000 in 2017.

Manicured grounds surround the mega-mansion with a horse paddock reshaped to accommodate its unique structure.

The seven-bedroom luxury property sits on on a 4,611s qm, originally bought by Ms Rosa a year earlier for $4.6million

The ‘Jabiru House’ was built by Melanie Singsam and Robert Semaan and features a 25m mineral pool (pictured)

The multi-level property boasts seven bedrooms, five and a half bathrooms, four kitchens and a 25m long mineral pool.

Other features include a half-size multi-court with stadium seating, and a detached leisure and wellness retreat.

Marketing agent Katrina Walsh of Harcourts Coastal told Realestate.com.au the buyer of 3 Lagoon Way is a ‘prominent Sydney developer’.

‘The owners were only selling because their business has taken them overseas for a period of time,’ Ms Walsh said.

This is not the first time Ms Raso has seen an easy profit from Gold Coast real estate.

Last year she sold a luxurious beachside trophy home at Mermaid Beach for $22.6million to billionaire developer Bob Ell.

She paid $16.5 million for the property in 2017 netting her a $5million profit.

Manicured grounds surround the mega-mansion which required a horse paddock to be reshaped to accommodate its main structure

Read More: DailyMail

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