The Gold Coast Bulletin

THE $16.7 MILLION ‘SECRET’ SALE

Hope Island home draws biggest price of the year

- HANNAH SBEGHEN hannah.sbeghen@news.com.au

A “SECRET home” at Hope Island has changed hands for a staggering $16.75 million – the highest price paid for a property on the Gold Coast this year.

A Vietnamese businessma­n bought the waterfront residence at 2620-2622 Virginia Drive this week after just five days on the market.

Wendy and Warren Hickey from Hope Island Resort Realty negotiated the sale and said the home, comparable to a five-star hotel, was marketed privately.

“We weren’t allowed to take any photos until after it had sold,” Ms Hickey said.

“It is really hard to sell a secret but a home with this calibre attracts a lot of wealthy attention.

“We have a good network of buyers who we privately showed the home to.

“We knew what our Vietnamese buyer was looking for and we thought this home fit his criteria perfectly.”

It is understood the buyer is relocating to the Gold Coast and was attracted to the palace-style design of the five-bedroom house.

Spanning across three blocks, the entrance to the 3,227sq m property is grand with a double gated entry and sweeping staircase.

Oozing luxury with a 12seat ‘gold lounge’ cinema room, the house has imported and hand cut marble flooring, crystal chandelier­s and hand crafted cabinetry by internatio­nally renown cabinet makers Wallace and Hinz.

A chef’s kitchen, cold room and custom-built wine cellar home to over 3000 bottles are just a few other highlights. As well as a lift, the mansion has a 12-car basement.

The Hope Island sale is the second highest on the Coast and is only topped by the $25 million sale last year of Tidemark at Mermaid Beach.

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 ??  ?? The waterfront residence at Virginia Drive, Hope Island, has sold for $16.75m to a Vietnamese businessma­n who was impressed by the palace-style design of the extravagan­t property.
The waterfront residence at Virginia Drive, Hope Island, has sold for $16.75m to a Vietnamese businessma­n who was impressed by the palace-style design of the extravagan­t property.
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