Lambo Guy is back and doing what he does best: buying very expensive property. This time he’s got one off a famous face.
A Brisbane property called The Estate has hit the market, complete with a cinema, sports fields, and much more.
Social media influencer and Aussie businessman Troy Williams aka Candy, sold his waterfront Gold Coast home to Portelli.
The selling price hasn’t been revealed, but the five-bedroom, four-bathroom house was listed between $2.8 million and $3 million.
RBA interest rates might put some buyers off at 4.10 per cent, but there’s no stopping Portelli from expanding his property empire.
The enviable property has big open spaces and absolutely breathtaking views that make it the perfect millionaire’s lair.
In classic Portelli fashion, he didn’t buy the million-dollar property quietly and instead announced the purchase on Instagram.
He took a photograph of Williams with his partner Anita Cassin and photoshopped his face over Cassin’s head.
“Everyone’s got a price,” he wrote on Instagram.
“First, he buys my VT and gives it away … now he’s doing the same thing with my house … Glad the Mrs isn’t for sale,” Williams quipped.
Williams, of course, came to fame for customising and modifying cars and eventually expanding into merchandise.
He now regularly posts on Instagram to over 50,000 followers, and his partner Ms Cassin has over 100,000 followers on the social media platform, making them an influencer power couple.
Portelli made headlines after he appeared on Nine’s renovation show The Block and pushed the price of contestants Omar Slaimankhel and Ozman “Oz” Abu Malik’s house up to a record $5.6m – well above the $4m reserve – in a bidding war with serial Block house buyer Danny Wallis.
Portelli is said to worth $350 million according to some estimates and is an avid car collector.
He actually has a $6.5m car that is worth more than the infamous Block house.
Portelli’s reality television purchase cause quite the drama with some viewers accusing him of being a plant.
Ultimately it all got very dramatic, and the businessman addressed the claims on social media.
“For everyone questioning the legitimacy of the auction, I was a genuine buyer with every intention to purchase that property,” he wrote.
“Nobody is to blame for what happened. It’s an auction. Believe it or not, but if you’ve got two people that genuinely want the property, a bidding war will happen.”
So, how did he make his money?
In a very modern way, he dropped out of university and ended up making it from tech start-ups overseas.