Actor doubles money on Tugun cottage
SPORTS AND ENTERTAINMENT STARS, TOP EXECUTIVES AND DEVELOPERS BIG MOVERS IN MARCH PROPERTY MARKET
SELLERS in the hot market have doubled and even tripled their money as demand continues to outstrip supply in the country’s fastest-growing region.
At Tugun, actor Anna Torv made a tidy sum for her renovated beach cottage on the Gold Coast Hwy.
The three-bedroom, onebathroom home on 506sq m, settled for $1.2m to Chloe McDonald on March 31.
Torv, best known for her role as FBI agent Olivia Dunham on science-fiction show Fringe and for playing Helen Norville on ABC drama The Newsreader, had picked up the cottage for $690,000 in 2019.
Top executives and sports stars are among buyers of the Gold Coast’s most luxurious mansions, as the million-dollar property sales for March were revealed.
Spending top dollar in one of the Coast’s most exclusive streets was former Supercars driver Paul Weel and his wife Emma, who settled the $15.85m purchase of a beachfront home on Albatross Ave.
The home, on 810sq m, was previously owned by Anna and Vincent De Pasquale, co-owners of pasta company Nanda.
It hit the market on December 9, and was set to go to auction on January 22, but the Weels didn’t want to leave their hopes of nabbing the prime location to chance come auction day and slapped it under a contract that settled March 14.
The Weels sold their sprawling, six-bedroom family home on the riverfront in Carrara in April last year for $10.9m.
Meanwhile, a global business leader has picked up a breathtaking tri-level home on the coveted beachfront at Palm Beach, 11 days before it was due to go to auction.
Andrea Della Mattea, the president of Asia Pacific for Microsoft, settled on the Jefferson Lane home with Jason Mcmenamin for $8.275m on March 24.
If she ever gets time, Ms Della Mattea, who was appointed to the board of financial giant HSBC last month, will be able to enjoy soaring cathedral ceilings and a seamless flow to the ocean-view terrace.
The sellers were Carl and Michele Coplick, who bought the 412sq m property from Judy Weel, Paul Weel’s mother, in 2009.
Property records have also
revealed the price and buyers of a lofty Currumbin home once the subject of a bitter court battle and has since been named one of the Coast’s best beach homes.
Villa Sanchea, at Woodgee Street, Currumbin, settled for $6.925m to Sydney buyers Andrew and Emma Henderson on March 7.
The Mediterranean-style sanctuary has uninterrupted ocean views along with Elephant Rock and the Vikings Surf Life Saving Club and was previously picked up at a receiver’s auction for $2.125m by sellers and neighbours Delores and John Stone in 2013.
Before that, the home was owned by Janice Mcivor, mother of then-bankrupt businessman Mark Mcivor.
Receivers sold Ms Mcivor’s
house despite a Supreme Court finding that her son pressured her into signing massive mortgages over it to benefit his business.
Over in the exclusive Surfers Paradise enclave of Paradise Waters, Peter Batley offloaded a home in Commodore Dr for $8.4m.
Buyer Elizabeth Wiesener can enjoy the five bedrooms and six bathrooms in her new riverfront home, which features marble floors and a chandelier over the bath.
Her neighbours will include Mayor Tom Tate and wife Ruth, and developer Jim Raptis.
At the northern end of the Coast, Zhihui Che and Jing Tang have the keys of their brand new waterfront mansion in Sanctuary Cove, with the
five-bedder on Edgecliff Pl settling for $9.75m on March 28.
Seller Patricia Pickering had bought the 1320sq m property as a vacant lot for $2.05m in 2018 and built the grand home in 2020.
It features 30m river frontage, a pool room, full-home automation, a tiered theatre, heated pool and spa, gym, lift, 12-car basement and separate caterers’ entry for the butler’s pantry.
Also in Sanctuary Cove, Margie and Murray Charlton, who last month sold their Sunshine Beach home for a Queensland record $34m, dropped some of the cash on an $8m waterfront mansion at The Circle.
The Noosa couple picked up the Bayden Goddard-designed home, which features
finishes of marble, timber and sandstone, from Sally-ann Holford after it had been on the market for almost a year.
Ms Holford had bought the property for $1.55m in 2005 before the existing home was built in 2008.
The Charlton’s Webb Road beach house became the most expensive home ever sold in Queensland when it changed hands off-market last June.
South of the Charlton’s new place, at Hope Island, another Noosa couple was offloading their mansion for $6.25m.
Nadine and Roy Hall handed the keys to their Riverdale Dr home to Neil Powrie on March 22.
Property records reveal the Halls paid $830,000 for the 1011 sqm property in 2014 before building the three-level,
five-bedroom home in 2016.
Back at Sanctuary Cove, Palm Lake Resorts founder Walter Elliott landed himself a rare vacant double-block in one of the Gold Coast’s priciest streets.
He settled the $6.8m purchase at Knightsbridge Pde East, next door to the city’s biggest house, from seller Rebecca Taylor on March 22.
A Victorian buyer splashed $6m on a waterfront Isle of Capri home on March 21.
The four-bedroom “fixerupper” on The Promenade was well sold by Broadbeach Waters local Virginia Pert.
Ms Pert, who is national secretary of Bundall-based Orangutan Foundation International Australia, had picked up the property two years earlier for $2.475m.