Couple spent three years building their forever home, now they're moving on

By
Kate Kachor
May 29, 2026
563 Lower Bowen Terrace, New Farm QLD
The trophy home took three years to build - 12 months for development approval with council.

Becky and Francisco Smout are moving on from the six-bedroom mansion they had one day hoped to call their “forever home”.

The husband-and-wife duo behind boutique property developers Smout Property spent the past three years transforming the once pre-war home in Brisbane’s inner city New Farm.

Of the three years, 12 months were spent working with Brisbane City Council on development approval, while the remaining two years were spent on the build.

What began as an old Queenslander is now a three-level trophy home.

The couple have more than 15 years of developing experience together, with Becky focused on interiors and Francisco driving construction.

“I always had an urge to do something creative,” the former school teacher turned design specialist told Domain. “We worked out to be the perfect team.”

Known as Corazón – the Spanish word for heart – the property’s name says everything.

What began as an old Queenslander on an 810-square-metre block is now a three-level trophy home with six bedrooms and eight bathrooms across 963 square metres of living space.

The climbing wall in the children's wing.

Conceived as a “living work of art”, the residence features a double helix spiral staircase, a solid marble travertine bathtub carved from a single block and a skylit primary wing immersed in hanging gardens.

The property also boasts a children’s wing, complete with a climbing wall and suspended net cubby, alongside a wellness retreat featuring an ice bath, a hot spa and a heated magnesium naked pool.

Auction
563 Lower Bowen Terrace, New Farm QLD 4005
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The high-end features continue with facial recognition entry, perimeter cameras and a comprehensive internal and external alarm system. 

Despite hoping to stay in the home for longer as their “forever home”, the Smouts are moving on. 

Matt Lancashire of Ray White Collective Luxury will manage the sale of the property by auction on June 13 at 9 am at The Calile Hotel.

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