Melbourne, Mar 12 : Late Beatles member George Harrison's Australian home has been reportedly sold for 8 million dollars.
The price for the house is said to have set a new record for Hamilton Island property, the Daily Telegraph reported.
The huge South Pacific-style compound, with its abundant tropical foliage obscuring much of the property, had fallen into a very bad shape after the Harrison passed away in 2001.
The site had been developed by Harrison and his wife Olivia in the late 1980s, making them Hamilton Island's most famous homeowners, and was very popular as an exclusive resort.
The pair, who had fallen in love with the island's quiet seclusion and exotic wildlife during a trip to Australia to attend the Grand Prix, incorporated thatched roofs, timber finishing and a rambling garden with sweeping water views, in their design.
The property has been bought by Melbourne developer George Adams.