• A former Billabong boss has sold his Gold Coast mansion for a whopping $25 million.

The expansive Mermaid Beach home of Scott Perrin sold to a mystery buyer – selling agent Michael Kollosche could not name them, but confirmed they are Australian.

“It was a pleasure selling such an amazing home, the end of an era for the sellers who have been fantastic to work for, and the beginning of an amazing lifestyle for another,” he said.

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billibong-house

This property at 187-191 Hedges Avenue has had a $2.5 million price reduction