PHOTO: Clive Palmer has splashed $12 million on a new Gold Coast property – 

BILLIONAIRE Clive Palmer has splashed $12 million on a luxurious Mermaid Beach property, marking the Gold Coast’s highest sale this year.

It was by chance the businessman came across the four-level Hamptons-style home on Millionaire’s Row, which belonged to developer John Potter.

Tony Velissariou, of Tony V Real Estate, was the one who suggested Mr Palmer take a look at the Hedges Ave home.

“He was looking at something else and when that wasn’t available, I suggested that he have a look at this one,” he said.

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