Sale buoys penthouse

IT’S hoped the multi-million dollar sale of a Gold Coast penthouse at auction will motivate buyers to snap up its luxury neighbour.

The 104 ‘De Ville’ 3645 Main Beach Parade penthouse changed hands for $3.66 million, after eight registered bidders lined up for the property.

Nick McHutchison of Kollosche Prestige Agents is marketing the 103 penthouse, and said the number of influential bidders on the north-facing residence was promising.

“This one is asking 20 per cent less than what the northfacing one sold for,” he said.