A stunning luxury mansion that backs onto Main River has been purchased for $8.5 million in the latest show of strength for the Gold Coast’s prestige market.
The vast five-bedroom riverfront home occupies a triple block spanning an impressive 2,303sqm, and you best believe every inch of this property is dripping in class and style!
Michael Kollosche negotiated the sale of the marvellous mansion to a local buyer, and he eulogised about the home’s incredible features that are literally everywhere you look.
“It’s a resort-style masterpiece that faces north on Main River,” he explains.
“It’s been renovated to an extremely high standard and is one of the few blocks of that calibre on that size of land, which makes it even more unique,” Mr Kollosche says.
“You really can’t beat a north-facing skyline view on Monaco Street so it benefits from that too!”
It’s thought that the home, located at 131-135 Monaco Street, had a price tag of $8.95 million, though in the current market the sale represents a fantastic result and is the latest evidence that the high-end real estate market in the Gold Coast is alive and kicking.
“The vendors are very happy, it is a really strong result,” Mr Kollosche says.
As well as boasting unrivalled water views and the perfect location to match, the fabulous waterfront estate also features an expansive heated pool complete with a trio of cabanas, 10-car accommodation, a Teppanyaki hotplate and an entranceway fit for a king!
With Queensland’s borders now open to the southern states, it’s predicted that demand for luxury Gold Coast homes will continue to rise in the coming weeks and months.
“Supply levels have contracted significantly over the past several months whilst buyer demand has increased tenfold,” Mr Kollosche reveals.
“We’re anticipating more interstate migration to the Gold Coast, with some buyers looking to purchase a holiday home to use part-time while other people are looking to just accelerate their location change.”
131-135 Monaco Street, Broadbeach Waters, Qld 4218
Michael Kollosche – 0411 188 815
Kollosche – Broadbeach