Weekend Gold Coast Bulletin - Property
Top deal inked
Interstate buyers have splashed big cash on an apartment to use as a holiday home
A SKY-high sale has been notched for a Surfers Paradise apartment.
The luxurious four-bedroom subpenthouse in the Northcliffe Residences sold in an eye-watering $4.5 million deal.
Lucy Cole Prestige Property agent Chris Boshoff penned the sale. Sydney buyers wanting an opulent holiday home secured the keys.
Agency head Lucy Cole said the buyers were looking beachside for the ultimate skyhome for their getaways.
“They loved the location and the spaciousness the apartment had to offer with various areas for the family to use,” she said. “I think it was a very good buy. “Sometimes for established stock you’re paying $3.9 million and this was absolutely brand new, not been lived in and had glamour and luxury.”
Positioned on the 24th floor, the home featured 360 degree views, a large oceanfront balcony, media room and wine cellar.
“Across the sector, the top end is moving really well,” Ms Cole said.
“The Sydney and Melbourne markets are moving again and that relates back to us.
“They are coming here for the sea-change and lifestyle and we have a lot to offer.”
Ms Cole said there was a shortage of prestige properties available.
“Once they get snapped up we don’t seem to have enough to replenish and there are certainly buyers out there,” she said.
“There’s a big shortage of good property at the top end.”
The apartment hit the market in September through a different agency with an auction campaign.
It was later listed with a $4.805 million price tag before becoming an open listing which meant multiple agencies could try their hand at selling the property.