THE palatial Perth mansion of businessman Ric Stowe is expected to be auctioned in May.

Bullsbrook (right), on Perth's outskirts, is expected to sell for some $70 million.

The estate includes a frass field cut into a hillside, a polo clubhouse and two helipads. It has reportedly been host to royalty.

Bullsbrook was one of several assets recently seized by receivers.

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