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