Two of Brisbane's oldest heritage homes are expected to fetch $7 million each following an extensive restoration project.
Work begins next month on the transformation of Silverwells - two semi-detached homes situated on Main Street in Kangaroo Point.
Local heritage architect Robert Riddel has been commissioned for the complete restoration, which is expected to be completed in late-2009.
The project will proceed alongside the development of a 12-storey residential building, which sits next door to the homes. Developer Waterford Properties owns both sites.
The manors sit on 1700sqm of land and when complete will each feature four-bedrooms, a formal garden, a 12m pool and a private lift.
"They are going to be absolutely stunning - two of the most beautiful heritage homes in Brisbane," Waterford Properties director Mike Kavali said.
Some potential buyers have already expressed interest in buying both properties, which are tipped to fetch more than $7 million each, he said.
The interested parties so far have been based in Brisbane or have had a local connection.
"It's the first time the properties have been offered for sale at the same time since the early 1900s."
Silverwells was first owned by Sydney merchant Joseph Thompson and is believed to have been built in 1860.
Mr Thompson owned a number of properties in Kangaroo Point in the mid-1800s, according to the Queensland Heritage Register.
Mr Kavali purchased Silverwells 18 months ago.