A waterfront mansion has fetched $3.5 million at Gold Coast mega auction event

first_imgOne of the Gold Coast’s best waterfront locations.Auctioneer and RWSP CEO Andrew Bell described the location as one of the “premier streets of the Gold Coast”.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThe sale closely follows another big result for the street, with 14 Admiralty Drive fetching $7.7 million just a few weeks ago. Sold under the hammer: 76 Admiralty Drive, Paradise Waters.A BUYER has splashed out $3.5 million to secure a Paradise Waters mansion under the hammer today.The waterfront residence at 76 Admiralty Drive was sold at Ray White Surfers Paradise Group’s mega property auction in front of a huge crowd. The residence fetched $3.5 million.Today’s sale of number 76, which was featured on the cover of the Gold Coast Bulletin’s real estate magazine today, will see Brunei-based owners farewell their holiday home of 17 years.Set on a 792sq m, the residence features Versace-esque drapes, chandeliers and gold finishes throughout. Luxury fixtures and fittings.RWSP marketing agent Jackson Paradise said the seller works in the hotel industry.“He lives in Brunei but his children live and study in Brisbane so the home has been a meeting place for when the family catch up throughout the year,” Mr Paradise said.“The owner runs hotels all over the world so it is easy to imagine why the rooms are so large and spacious; they really reflect a five-star hotel feel. Raised sections of flooring are a feature in the residence.“The home was built with a lot of thought.”last_img

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