This article is from the Australian Property Journal archive
A GOLD Coast trophy home has sold for $18 million at auction in a new suburb record for Broadbeach Waters.
The six-bedroom, five-bathroom home is located on a 2,390sqm block at 87 Monaco Street, with the sale also representing the largest transaction on the prestigious street.
Created by renowned architect Jared Poole, the home boasts 180-degree panorama views over The Gold Coat’s iconic skyline and Main River, with 113.1 metres of private waterfront.
The property boasts an outdoor pavilion with an integrated BBQ, fridges and open fireplace overlooking a waterside paradise complete with a cabana, infinity-edge style swimming pool, pontoon, timber jetty, boat ramp, and boat shed.
And is appointed with a home cinema, gymnasium, full C Bus home automation control off any smart device, video intercom, CCTV security, back-to-base alarm system, solar system and electric blinds.
With Secure garaging for two cars and room for an additional eight.
The house sits just moments from world famous beaches, Pacific Fair shopping and eateries, elite schools TSS & St Hildas and restaurants across Broadbeach, Isle Of Capri, Surfers Paradise and Chevron Island.
As well as sitting within walking distance to a number of transport options including light rail and buses, in addition to championship golf courses.
Amir Mian, Joshua Soineva, and Marc Keswell from Amir Prestige managed the sale.
With the property having previously sold for $2.68 million in February 2014.
Mian from Amir Prestige just last month managed the sale of another suburb record breaking sale, with Clive Palmer’s $28 million in the off-market purchasd of a beachfront three-title block at 41-45 Hedges Avenue in Mermaid Beach.
The Gold Coast has experienced significant value growth over recent years, reaching a $1 million median house price for the first time at the 2023, up 4.6% for the quarter.