Qld: 25-y-o shells out $28 million for mega-mansion

AAP General News (Australia)
04-29-2008
Qld: 25-y-o shells out $28 million for mega-mansion

A 25-year-old internet magnate has been revealed as the buyer of one of the most expensive
pieces of real estate in Australia.

Brisbane-raised millionaire DANIEL TZVETKOFF paid 28 million for the under-contruction
mansion .. which will be worth up to 70 million once it's finished.

It'll be the largest on the Gold Coast strip known as millionaires row .. accordisng to News Ltd.

Mr TZVETKOFF started the online payment buisiness Intabill when he was 18 with his
business partner SALVATORE SCIACCA .. a cousin of former federal minister CON SCIACCA.

He bought the property from former Sydney Swans ruckman and Breakfree founder TONY
SMITH who has been hit by the collapse of tourism group MFS earlier this year.

AAP RTV ews/pjo/bart

KEYWORD: TZVETKOFF (BRISBANE)

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