Gold Coast’s most popular property sells in multimillion-dollar deal

first_img MORE NEWS: The rudest place names on earth Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59 The Palm Beach mansion at 144 Tallebudgera Drive has sold.HOUSE hunters debating whether to buy a Palm Beach mansion dubbed the Gold Coast’s most popular property for 2019 have missed their chance.The luxury Hamptons-style residence on Tallebudgera Drive has been snapped up in a $3.1 million deal, making it the second highest sale recorded on the street.It emerged as the city’s hottest house late last year after it raked in more views on than any other property throughout the year.Kollosche agent Rob Lamb, who marketed the property with agency director Michael Kollosche, said they were inundated with offers. MORE NEWS: The unusual feature taking centre stage in a coast mega-mansioncenter_img The residence attracted a lot of attention last year, raking in more views on than any other Gold Coast property. No expense was spared to nail its Hamptons style. Luxury fixtures and fittings can be found throughout.“We had multiple offers and (the owner) eventually took a cash unconditional contract for $3.1 million,” he said.“We had a lot of offers in the high $2 millions (but) the $3.1 million was a premium.“It was a good result for the owner, he was really happy with it.”He said most of the people interested in the house planned to live in it but the person who secured the keys had different plans as they lived in New Caledonia.“He bought this as an investment property,” Mr Lamb said.“They could see that Palm Beach has established itself as a really popular suburb.”The six-bedroom waterfront residence underwent an extensive renovation to transform it into a luxurious Hamptons-style smart home with state-of-the-art technology throughout. Is has all the features expected of a prestige property, including a media room.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago The guesthouse has an ensuite and kitchenette. You’ll never miss it when driving past.Construction king Theodore Vairaktaris, who turned his one-man painting business Usher Group into an $83 million company, was behind the transformation.“Our renovation of 144 Tallebudgera Drive was never going to be just another Gold Coast property,” Mr Vairaktaris said when it hit the market in September.“It was always going to be a statement and we have achieved that by approaching it as a fresh canvas where art meets design.”Property records show the house was listed with a $3.5 million price tag after it failed to sell under the hammer in October.last_img

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