Sail­ing above record

A su­perb river­front prop­erty has set a most im­pos­ing $3.75m bench­mark for its Ash­more street

Weekend Gold Coast Bulletin - Property - - FRONT PAGE - WORDS ALEISHA DAW­SON

A SPRAWL­ING river­front prop­erty on the Gold Coast has changed hands for $3.75 mil­lion, smash­ing the street record by more than $600,000.

The acreage block in the mid­dle of sub­ur­bia at 11 Kootin­gal St, Ash­more, had been on and off the mar­ket since 2012.

Ka­t­rina Walsh of Har­courts Coastal han­dled the lat­est cam­paign and man­aged to find a buyer for the five-bed­room res­i­dence.

“The buy­ers liked the qual­ity of the con­struc­tion, the size and the po­si­tion on the main river,” she said.

The prop­erty was built in 2007 for its UK ven­dors.

While its bones – soar­ing ceil­ings and tim­bered doors, with an im­pres­sive kitchen to match – re­main clas­sic and tra­di­tional, a sub­tle Asian in­flu­ence has evolved in­side.

“The own­ers have worked ex­ten­sively in Hong Kong, hence the flair of the decor,” Ms Walsh said.

“They pur­chased and built the prop­erty in keep­ing with its sur­rounds; the con­struc­tion is qual­ity.”

And on the beach­front, a lux­u­ri­ous Broad­beach apart­ment has sold for $3.65 mil­lion.

The prop­erty, at 6/5-9 Broad­beach Blvd, was on the mar­ket with Tolemy Stevens of Har­courts Coastal.

An in­ter­na­tional buyer snapped up the prop­erty to use as their fam­ily hol­i­day home.

“Vogue on Broad­beach is con­sid­ered to be one of the most sought-af­ter res­i­den­tial build­ings on the beach­front,” Mr Stevens said. “Apart­ment No. 6 oc­cu­pied the en­tire third floor boast­ing 322sq m of lux­ury beach­front liv­ing.”

The ven­dors, who bought it in 2015, stripped back the apart­ment and ren­o­vated it.

“It is one of the best on-trend ren­o­va­tions that I’ve seen,” he said.

Mr Stevens said pres­tige prop­erty was in hot de­mand on the Gold Coast.

“I have de­mand from not only lo­cal and in­ter­state buy­ers but over­seas buy­ers as well who are still choos­ing the beach­front on the Gold Coast for their hol­i­day homes.”

11 Kootin­gal St, Ash­more, changed hands for $3.75 mil­lion. 6/5-9 Broad­beach Blvd, Broad­beach, has been snapped up for $3.65 mil­lion.

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