Beach beauty success
The $3m sale of a magnificent Kingscliff mansion is the highlight of a property boom in the area
A LUXURY Kingscliff mansion recorded the highest sale on the Coast last week after fetching $3 million.
A Brisbane family bought the sprawling sanctuary at 51 Cylinders Drive and plan to use it as a weekend beach house.
Marketing agent Nick Witheriff, of LJ Hooker Kingscliff, received dozens of inquiries about the cutting edge property, which was listed for $3.195 million.
“It was presented to the market about three weeks ago (and) I probably received nearly 30 phone calls from people interested in the home,” he said.
“An offer came in at the first open home and we were able to sell the property for $3 million.”
The sale matched that of another on the street – No. 27 – in 2007.
Gold Coast lawyer Steve Latham built the home just over a year ago after moving from Tasmania with his family.
He told the Bulletin in February they were working on a shipwreck theme at one stage.
The contemporary four-bedroom, four bathroom property has an industrial style with wood, stone, marble and concrete prominent features throughout.
It also has a home cinema, 9 x 5m pool at the centre of the entertainment area and six person spa with direct views to an outdoor plasma TV. “It’s a unique property because of its design, we haven’t seen anything like this built in the area before,” Mr Witheriff said. “It’s a real architectural masterpiece.” He said other prestige properties were also hitting the market, including two he was currently negotiating, also around the $3 million mark.
“This is something that’s going to continue to happen,” Mr Witheriff said.
Kingscliff has boomed in recent years, with latest CoreLogic data showing the median house price had jumped 48 per cent to $836,888 in the past five years.
Mr Witheriff said upgrades to infrastructure, which was attracting people to the area, and a lack of vacant land were driving up prices.
51 Cylinders Drive, Kingscliff, has changed hands for $3 million.
