The top 10 Gold Coast property sales of 2017 included an array of waterfront residences from Hope Island to Palm Beach.
But there was one noticable absence – despite the city being known for its high-rises there were no apartment sales in the top 10.
The Coast’s mega mansions dominated the list with two selling for $16.5 million each to tie for the top spot.
The Gold Coast trumped Brisbane, with an Ascot home which sold for $8.8 million coming in as the capital city’s biggest sale.
While millions of dollars behind Sydney’s top sale – a Double Bay mansion that sold for a cool $71 million – the Gold Coast was hot on the heels of Melbourne with Victoria’s largest sale coming in at $16.8 million for a Toorak house.
So which properties made up the Gold Coast’s top sales for 2017? CoreLogic has complied the tops sales from across the Coast. Take a look:
2620-2622 Virginia Drive, Hope Island, $16.5 million
Of the two top sales on the Coast, one was a “secret home” at Hope Island that changed hands in July.
A Vietnamese businessman bought the waterfront residence at 2620-2622 Virginia Drive in an off-market deal through Wendy and Warren Hickey from Hope Island Resort Realty.
“We weren’t allowed to take any photos until after it had sold,” Ms Hickey said.
“It is really hard to sell a secret but a home with this calibre attracts a lot of wealthy attention.
Spanning across three blocks, the entrance to the 3,227sq m property is grand with a double gated entry, porte-cochere and sweeping staircase.
But the sale was $8.5 million shy of last year’s mammoth $25 million sale of former Billabong executive Scott Perrin’s Mermaid Beach mansion.
The record residential sale for the Gold Coast still stands at $27 million – it was chalked up in 2008 when BreakFree founder Tony Smith sold an uncompleted mansion in Hedges Ave to later-failed internet whiz Daniel Tzvetkoff.
187-191 Hedges Ave, Mermaid Beach, $16.5 million
Also trading hands for $16.5 million this year was Melbourne Cup winner and real estate identity David Henderson’s luxury Mermaid Beach mansion that sold in August.
The Albatross Ave property first hit the market in 2016 with a $19.75 million price tag.
It was designed by architect Paul Uhlmann and spans across three beachfront blocks giving it a commanding street presence.
While the 30m of beach frontage is one of its best assets, the mansion also comes with a lift, basement for seven cars, sauna, cocktail bar and a gym.
“It was listed for $19.75 million last year but as soon as we adjusted the price to $16.995 million we had a frenzy of buyers and they were all qualified buyers with genuine offers,” agent Luke Henderson said.
201-205 Monaco Street Broadbeach Waters, $9.5 million
Monaco St at Broadbeach Waters was also touted as a millionaire’s playground earlier this year with two sales around the $9 million mark.
It is understood No. 201-205 changed hands in a cash sale.
The deal involving a Taiwanese buyer was negotiated by Christopher Jones and Lisa Halpin of Savills Residential Gold Coast, who declined to confirm the contract price.
75-77 Monaco St, Broadbeach Waters, $9 million
Glenn and Victoria Hargraves, part owners of directory and online search company Local Search, bought the property and planned to make the move from Mermaid beach.
The pair said the home sparked their interest with its architecture, northerly aspect, skyline views and land size.
14 Admiralty Drive, Paradise Waters, $7.7 million
A Gold Coast buyer continued the rush for big-ticket homes by paying $7.7 million for this mansion in one of the premier riverfront streets at Paradise Waters.
The price achieved for 14 Admiralty Drive is believed to be the second highest on record for the street.
41 The Promenade, Surfers Paradise, $6.95 million
Arguably one of the best riverfront addresses on the Gold Coast, this grand hotel-like residence at Isle of Capri has it all.
But, it’s the double main river block with views from Main Beach to Broadbeach and right down the mouth of the river that captured the attention of the property’s new owner.
Property records reveal the owner to be Kool Kids founder Bruce Coulson, who also purchased the block next door for $6.5 million.
11 Southern Cross Drive, Surfers Paradise, $6.95 million
Renowend architect Bayden Goddard was responsible for the design of this stunning six- edroom Cronin Island home, which offers flawless timber and custom marble finishes across four levels of luxury.
Selling for $6.95 million to a Chinese buyer, the residence is one of only 34 homes on the small triangular pocket off Chevron Island.
19-21 Queen Anne Court, Sovereign Islands, $6.5 million
This mega-mansion was on the market for two years before it finally sold for $6.5 million.
Sprawled across a double block, the home has a heavy European influence with lion statues, gold leaf trimmings, pillars and fountains.
25 Southern Cross Drive, Surfers Paradise, $6 million
THE “very best views of Surfers Paradise” captivated the buyer of this stunning five-bedroom mansion.
Located on exclusive Cronin Island, the house sold for a cool $6 million via expressions of interest.
61 Jefferson Lane, Palm Beach, $5.9 million
One of only two beachfront properties to make the top 10 Gold Coast sales list, this stunning four-level beach house, where no expense has been spared, sold for $5.9 million.
Records show the residence was linked to Claybar Pty Ltd and the late Ian Barclay, a prominent Master Builder who worked on projects including stage two of the Queensland Performing Arts Centre, the Brisbane Airport domestic terminal and the Houghton Highway Bridge at Redcliffe.
Originally Published: www.realestate.com.au