Golden garbo’s rare island home has $4m price drop

Private viewings of the luxury property are available during Hamilton Island Race Week, August 15-22. Hayman Island’s residential market is about as exclusive as it gets, with only two privately owned residences on the enviable isle, including Hayman House. Back on the market with new co-agents and a revised price guide, the designer retreat owned by the multimillionaire Peabody family has just resurfaced. The Peabody family patriarch is Australian-American businessman Terry Peabody – once nicknamed Australia’s “Golden Garbo” after building his fortune through waste-management company Transpacific Industries. MORE: Huge price drop on former power couple’s mansion ”You get there and instantly want to relax,” says Jock Langley of Abercrombys. The waterfront getaway was designed by acclaimed architect Kerry Hill. Listed with co-agents, Abercrombys and SpinksCo, Hayman House has a $16m price guide after previously asking in the vicinity of $20m. Private viewings of the luxury property are available during Hamilton Island Race Week, August 15 to 22. “You get there and instantly want to relax — Hayman House really is a once in a lifetime opportunity,” says Jock Langley of Abercrombys. Th...