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Flamboyant businessman Keith Lloyd selling up to seek the quiet life

Business

Colourful Brisbane businessman Keith Lloyd has announced his retirement and the sale of all the contents of Shafston Estate as well as his luxury boat, Southern Cross II, which has already attracted bids above $1 million.

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Lloyd, who made his name in shipbuilding in the mid-’70s, a business which he sold to Christopher Skase, also owned Shafston International College, which he was at one time banned from entering after a sex scandal gained international media attention.

Lloyd was also known as the past owner of the pink mansion, on the Brisbane River at Norman Park. Last year Lloyd sold a unit at Main Beach, on the Gold Coast for $5 million. Last year he put another Gold Coast property on the market and planned to sell both it and the luxury boat on the market for $13 million.

The Shafston Estate is a one-hectare block at 23 Castlebar St, Kangaroo Point, which contains the historic Shafston House. It has been the home of the Shafston International College for more than 20 years and it will now close.

“I have chosen to retire from many of my business interests and I am now offering Shafston Estate, as well as its contents for sale in the hope that the historical significance will be treasured and preserved into the future,” Lloyd said.

Chief operations officer for Lloyds Auctions Lee Hames said the auction was full of history with pieces Lloyd had collected from around the world. Items include antique furniture and collectibles dating back to the early 1900s.

The auction features an extremely rare chest dated 1768 from the George III ship that traveled from England to Australia transporting convicts, however, was discovered shipwrecked on rocks on its way to Port Arthur in 1835.

Shafston College opened in 1997 to promote educational opportunities at the Kangaroo Point campus with over 130,000 students both locally and internationally enrolling since.

Lloyd’s personal 110ft Luxury Superyacht, the Southern Cross II was built to play a crucial role as the mother ship in the 1983 successful challenge by Alan Bond for the America’s Cup.

Since 1983 to the present day the Southern Cross II has been a proven traveler traversing the world 8 times in luxury and comfort and now presents in showroom condition.

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