NGU CEO Emil Juresic sells Ausbuild MD’s luxe ‘passion project’ and sets Brisbane suburb benchmark

Ausbuild joint managing director Michael Loney and his wife Chelsea have boosted their personal project gains by nearly $3.5 million through the swift sale of a striking brand-new home in Carina Heights.

Named Verde, the contemporary five-bedroom, four-bathroom home at 118 Buckley St sold for $3,488,888, five days after it was listed with Emil Juresic of NGU Real Estate.

The hefty sale price was the highest recorded for a residential home on a single block in the leafy suburb in Brisbanes’s east.

Records show just one property in Carina Heights traded for more — a 1,754 sqm site sold for $3.5m in 2010.

While Ausbuild offers house and land packages priced under $1m in emerging southeast Queensland masterplanned communities, the Loneys’ personal portfolio leans to the luxury market.

Mr Juresic said he has handled more than $28m in deals for the industrious couple over the past two years.

The Loneys acquired the 647 sqm lot on Buckley St for $1.225m in May 2022 and built a double-storey home with soaring ceilings, full-height stone walls and expanses of glass along with high-end features including custom lighting, a wine cellar, and pool house with a bar.

Four of the bedrooms have Juliet balconies, including the generous master with dual dressing room, lavish ensuite and a private sitting area.