HOMES, SWEET HOMES
If there’s one thing the Gold Coast does better than almost anywhere, it is homes to die for. Take a tour of this year’s record-breaking sales in our fair city
MULTI-MILLION-DOLLAR views and an endless list of jaw-dropping features ... the top Gold Coast sales of 2018 include mansions on the beachfront, sprawling estates, riverfront residences and even a sky-high penthouse.
All of the top 10 properties come with a long list of luxury features.
The top three’s sales all broke the $10-million mark.
Real Estate Institute of Queensland Gold Coast zone chairman Andrew Henderson said the prestige sales showed there was strength in the Gold Coast property market.
“For a non-capital city there are some big-ticket sales,” he said.
“Once you get into that $10-million range it is a limited residential market, but obviously it shows there is still strength in the Gold Coast market in general.”
9 HEDGES AVE, MERMAID BEACH $12 MILLION
It should come as no surprise the highest property purchase of 2018 belongs to billionaire Clive Palmer who splashed $12 million on a beach house at Mermaid Beach.
It’s luxury features includea boxing ring, fully air-conditioned gym, a 22m lap pool and direct beach access.
Mr Palmer bought the home from developer John Potter.
He signed up for the fourlevel Hamptons-style residence after a 20-minute inspection and after getting the thumbs up from wife Anna
103-105 HEDGES AVE, MERMAID BEACH, $11.6 MILLION
Another Hedges Ave mansion is in second spot in the top 10.
The home was bought by an interstate buyer.
The sale was achieved by Kollosche Prestige Agents principal Michael Kollosche and Prestige Property’s Harry Kakavas in April.
The sale is the fifth richest on the Mermaid beachfront since the strip’s GFC-induced doldrums. One of the sales – ex-Billabong investor Scott Perrin’s Coast residential record $25-million deal on his home Tidemark – leads.
3-7 SIR LANCELOT CLOSE $11.05 MILLION
Coming in a close third is another mega mansion, this time on The Sovereign Islands.
Amir Mian, principal of Prestige Property Agents, confirmed the sale of Grande Vista. “It’s just over $11 million,” he said. “It is the highest sale on The Sovereign Islands. A local buyer will be moving into it.”
The property now holds the sales record on The Sovereign Islands. The record was previously held by Baltimore, a mega mansion that changed hands for $11 million in 2006.
3250/23 FERNY AVE, SURFERS PARADISE $9.5 MILLION
The sale of a palatial Surfers Paradise apartment for $9.5 million holds the Gold Coast penthouse sale record.
Property development company owner Ron Bakir sold the apartment in January.
The luxurious skyhome at the Towers of Chevron Renaissance, which spans the 39th and 40th floors, is on one of the most popular tourist strips in the country and took two years to build.
It has four bedrooms, five bathrooms, 21 car spaces and panoramic views of the city, beaches, river and Hinterland.
8-10 MARSEILLE COURT, BUNDALL $9 MILLION
The riverfront property in the Bundall locale of Sorrento sold for $9 million, smashing the suburb’s record.
Property records show the palatial house at 8-10 Marseille St was bought by investor Robyn Smith in 2007 for $6.2 million.
Ms Smith extensively renovated the property to create a luxury resort-style residence on the sprawling 2703sq m riverfront block. It was listed at almost $14 million last year before being dropped to $9.95 million.
31-33 THE CORSO, ISLE OF CAPRI $8.8 MILLION
It took less than one week for entrepreneurial businessman David Baird and his wife Marion’s property at 31-33 The Corso, Isle of Capri, to be sold to an Asian buyer.
“Following the sale of this house we will be moving to Paradise Waters,” Mr Baird, a retired corporate executive, told the Bulletin at the time.
“We didn’t have the house on the market but it sold within a week. It was a very quick sale and we are happy with the outcome.” The sprawling mansion’s luxury features include a waterfront pool, gated entry and manicured gardens.
2230 ARNOLD PALMER DRIVE, SANCTUARY COVE $6.5 MILLION
Retired corporate executive David Baird and his wife Marion make two appearances on this list.
As well as selling their Isle of Capri home, the pair smashed the Australian sales record for a house fronting a golf course, spending $6.5 million at Sanctuary Cove.
The near-new luxury property was sold through Matt Gates of Ray White Prestige in an off-market deal.
The previous golf-fronted record was $4.275 million when Mr Gates sold 2218 Arnold Palmer Drive, Sanctuary Cove, last year. The Bairds have owned property there since it was developed.
57 WOODGEE ST, CURRUMBIN $5.6 MILLION
An interstate buyer paid $5.6 million for a spectacular Currumbin beach house, the second highest sale recorded in the suburb. Marketing agent Carol Carter of Queensland Sotheby’s International Realty said the ocean views and quality of the build set the house apart. The highest sale in Currumbin was $8.2 million in 2010 for a six-bedroom house on James St.
504 THE ESPLANADE, PALM BEACH $5.5 MILLION
Former V8 Supercar driver Paul Weel sold his Gold Coast beachfront mansion in a $5.5million deal.
The sale was cemented fter a 60-day settlement. Weel and his wife Emma bought the property, originally home to a rundown beach shack, for $3.09 million in 2015.
4/3565 MAIN BEACH PDE, MAIN BEACH $5.5 MILLION
Harvey Norman CEO Katie Page sold one of the apartments in her boutique M3565 building at Main Beach for $5.5 million.
It was the highest price paid for a beachfront apartment on the Glitter Strip this year.
The luxury residences hit the market in July 2017.
The four-bedroom, fourthfloor apartment, once priced at $7.85 million before being slashed to $6.75 million this year, sold through Robert Graham, of Ray White Prestige.