Mega sale on Coast

Af­ter a six-month set­tle­ment, a Sor­rento man­sion has fi­nally changed hands for $9 mil­lion

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

THE $9 mil­lion sale of a lux­ury Gold Coast man­sion ear­lier this year that smashed the sub­urb record has fi­nally set­tled.

The river­front prop­erty in the Bun­dall lo­cale of Sor­rento trumps the $8 mil­lion sale achieved in 2009 for a man­sion in the same street.

Michael Kol­losche of Kol­losche Pres­tige Agents ne­go­ti­ated the sale.

“It was a long set­tle­ment at the owner’s re­quest and only set­tled last week,” Mr Kol­losche said.

Prop­erty records show ven­dor Robyn Smith bought the pala­tial house at 8-10 Mar­seille St in 2007 for $6.2 mil­lion.

It was listed at al­most $14 mil­lion last year be­fore be­ing dropped to $9.95 mil­lion.

“I ini­tially thought it was too big for us, I was go­ing to knock it down and build some­thing smaller,” she told the Bul­letin when the prop­erty hit the mar­ket.

Af­ter liv­ing in the house, she re­alised, “it would have been a sin to knock it down”.

“It’s a beau­ti­fully built, solid home. I couldn’t recre­ate it and still have that feel.”

In­stead, the house was ex­ten­sively ren­o­vated to open up the prop­erty along its 70m length of wa­ter frontage.

Fea­tures in­clude a full-scale surfer mu­ral adorn­ing a bed­room wall and there’s a ten­nis court, lap pool, div­ing board and pon­toon.

The Gold Coast’s record stands at $27 mil­lion, which was set by a Mer­maid Beach man­sion in 2008.

The high­est sale this year is a Mer­maid Beach house that changed hands for $11.6 mil­lion in April.

8-10 Mar­seille Court, Sor­rento.

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