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Mega offers from the beach in front of the channels
Mega Twin’s agreements have turned on the Gold Coast prestige market, with local buyers that fall more than $ 30 million in two historical sites.
The richest sale of the week was $ 17 million for a mansion in Hedges Ave, Mermaid Beach, who had been in the hands of the same family for 25 years.
Ray White Malan + co, Donovan and Conner Malan agents, managed the agreement outside the market, which established a striking point of reference for the coveted section in front of the sea known as the billionaire row.
Hedges Ave’s house was sold for $ 17m
Meanwhile, a wide farm in front of the sea in the sovereign islands changed hands for $ 14.5 million.
The seven -bedroom house and nine bathrooms in a 1,458 SQM Lot presented a medieval distinctive facade and was known locally as “The Castle.”
The coastal agent Edin Kara negotiated the sale.
Back on the beach, the sale of 129 Hedges Ave was equivalent to $ 41,975 per square meter, eclipseing another block of 405 square meters was acquired earlier this year for $ 16.75 million.
The records show that the property had been owned by Louise Gordon since December 2000, when it was purchased for $ 1.55 million.
The house was designed by Bayden Goddard over 20 years ago
The owners enlisted the architect Bayden Goddard, with the mansion one of the first of many he would design for rich customers along the most famous sand section of Gold Coast.
The agents would not comment beyond an advertisement of social networks, in which the house was described as a “timeless residence in front of the beach” with 10 meters of sea margin.
The buyer was changing a residence of the main river by the precious package in front of the sea.
“We were working with the buyer for a few months showing him a variety of different options in the area,” said Donovan.
“Ultimately, it was too difficult to reject this beautiful property in front of the sea.”
55 Knightsbridge Parade West, Sovereign Islands
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He said the sale, “solidified the strength of the market against the sea.”
Proptrack data show that housing prices in Mermaid Beach increased 9 percent in the last 12 months to a median or $ 3.59 million.
The agent of the sovereign islands, Mr. Kara, described the property in 55 Knightsbridge Parade West as “spectacular.”
The records show that he changed hands for the last time in 2012, when it was purchased for $ 5,325 million for John Corbett. The house had been on the market several times since then, but no buyer was secured.
“The market has moved and had been talking to a local buyer who had shown some interest,” Kara said.
The property known as the castle was sold for $ 14.5m
“I was on the market, but the price was too high, so it was really just a matter of obtaining the right price and conditions.
“And really, when the construction prices and value of the land of such a large block are observed, this was a good value for a five-level sandstone house so solid.”
Kara said that despite the high housing prices in recent years, the Gold Coast prestige market still offered great value, particularly for interstate and international buyers.
“I think Gold Coast is a kind of sleeping giant. Prices are still too low,” he said.
A typical house in Paradise Point that covers the closed farm of the sovereign islands costs $ 2.2 million, 20.4 percent more than last year.
