A Chinese billionaire spent $75million building two mansions side-by-side in Perth...
they just sold for an embarrassing price Chinese billionaire owner moved back overseas Luxury homes are yet to be fully built READ MORE: Derelict Sydney home sells for massive price By Pranav Harish For Daily Mail Australia Published: 03:32, 16 September 2024 | Updated: 03:32, 16 September 2024 e-mail 1 View comments Two Chinese-styled palatial mansions that cost their billionaire owner a massive $75million to construct have been sold for almost $2million each. The sprawling properties that were built side-by-side on Coffey Road and Beenyup Road in Banjup, in Perth 's south, were snapped up for just $1.95million apiece.
The unfinished properties, which were named the 'Chinese Style Confuscius Mansion', were bought by a Victorian not-for-profit who have a head office in China. The homes have never been lived in and the original owner James Tan flew back to China for family reasons and is understood to have no plans to return. The mansions were built on two blocks of land that are 4.
48 hectares combined, but they are yet to be fully completed. The striking properties feature more than 80 rooms, including 20 bedrooms fitted with ensuites and several kitchens. The homes also house a library, a museum, a multi-functional theatre, and large conference and dining halls.
There are also swimming pools and four courtyards, designed in line with Feng Shui teachings. The sprawling properties (pictured) .