Demand for buying property off the plan spikes This house at 89 Longman Tce, Chelmer, has just sold.Mr Peabody famously stepped in to help his son out after the closure of his dining empire.“This is not a fire sale,” TJ Peabody said at the time of listing.“I don’t have to sell and there’s no pressure from my father but I want to do it.”Matt Lancashire of Ray White New Farm negotiated the sale with his colleague Meaghan Bakker, but declined to comment on the sale price when contacted by The Courier-Mail, except to say that it had broken the suburb record.Inside the house at 89 Longman Tce, Chelmer.The previous record sale in Chelmer was $6.6 million for 39 Laurel Avenue in 2010.Mr Lancashire also asked to respect the privacy of the purchaser, who is understood to be from Brisbane.He said confidence remained high in the property sector despite the physical distancing rules and he was continuing to record outstanding sales amid the ever changing landscape.“The top end of the market is actually doing really well,” Mr Lancashire said.“There’s been some significant changes in the way we practice real estate, however, in the top end of town, I have had more inquiries since the Coronavirus, so the market hasn’t stalled — there are still buyers buying and sellers selling.”The house has an epic wine cellar. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours ago So far this year, Mr Lancashire has negotiated four residential sales over $5 million and two over $10 million.The property at 89 Longman Tce is one of the city’s most enviable trophy homes, boasting seven bedrooms and seven bathrooms.The classic, American-style house sits on a huge, 2400 sqm block of riverfront land, with two separate guesthouses.The American style kitchen in the house at 89 Longman Tce.Features include a championship-sized tennis court, a heated swimming pool and a private pontoon with power and water.There is also a billiard room with a bar, a climate-controlled 1200-bottle wine cellar and an outdoor kitchen with a built-in barbecue.The property won Masters Builders House of the Year in 2009.TJ Peabody closed two of his Brisbane restaurants — Nativo Kitchen & Bar and Burnt Ends — in 2018.Terrance “TJ” Peabody, son of millionaire Terry Peabody, has sold his riverside mansion at Chelmer. Photo:Lyndon Mechielsen. MORE: House of the year blazes on the market This property belonging to TJ Peabody at 89 Longman Tce, Chelmer, has just sold.THE heir to one of Australia’s biggest fortunes has sold his lavish Brisbane riverfront estate for a new suburb record, proving there’s still big money changing hands at the top end of town.Failed restaurateur TJ Peabody announced in August that he was putting the property at 89 Longman Tce, Chelmer, on the market to repay his father — richlister Terry Peabody.Terry Peabody’s wealth is estimated to be $584 million, through his stakes in Craggy Range wines and waste management firm Transpacific Industries.