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Time to drool - probably the best Gold Coast beachfront property ever

Discussion in 'General Property Chat' started by big max, 21st Apr, 2016.

  1. big max

    big max Well-Known Member

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  2. jins13

    jins13 Well-Known Member

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    Def one of the best homes I have seen. I have a feeling you are right and if you promote the property as having good feng shui, I am sure it will sell well.
     
  3. Nick Valsamis

    Nick Valsamis Well-Known Member

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    Shame that the photoshop of the grass is bad though.
     
  4. Player

    Player Well-Known Member

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    They tried to sell this last year. It's the ex Billabong chiefs house.
    Agree Big Max this is the jewel of the homes on the sand. Just so tasteful and elegant. I think it will go north of 20 million. It's a resort on two thirds of an acre. There's a lot of money here now. This won't last long as long as the price expectations aren't too stupid.
     
  5. big max

    big max Well-Known Member

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    Yeah is so damn nice. I've walked past it so many times. Always thought it was owned by an Asian. I did nearly buy a place from an ex-Quicksilver founder, but that was some time back and at a much lower price point.

    Looks like a really high quality job they did in construction. Whoever buys now I think is still getting in at a very good time before all the crazy beachfront stuff kicks off again (as it defiantly will do - history always repeats...).
     
  6. Jerry O

    Jerry O Well-Known Member Premium Member

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    really nice place to call home.... i am placing a guess sell price of 22m....
     
  7. kierank

    kierank Well-Known Member

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    @big max, given that this place is close to yours, do you think that this will add or detract from the sale price? :) :)
     
  8. big max

    big max Well-Known Member

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    Absolute architectural masterpiece.

    My guess is 26m. Any other guesses out there?

    So hard to value. Say a typical section along Albatross Ave is 5m at present. This is 4 amalgamated. Does that deserve a premium? Or a discount? And how much value in the really no expense spared construction.
     
  9. big max

    big max Well-Known Member

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    Ha ha. Id like to think people like me and similar locals in the area add to the value overall. We are all pretty close knit at mermaid and a really friendly bunch. Having said that some of the beach front owners are not true locals - you don't see some of them often or really know who they are.
     
  10. wylie

    wylie Moderator Staff Member

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    That is a stunning house, but a bit too "hotel foyer" in some places for my liking. Still, would not say no to living there. The views are fantastic. Waking up and looking at that every day would be amazing.
     
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  11. kierank

    kierank Well-Known Member

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    I know what you mean. We settled on a GC apartment (something for us to downsize into in our later years) earlier this month, with 24 in the complex. When I checked the Body Corporate Roll, 50% of the owners lived outside the GC, including Brisbane, Sydney, Melbourne, Hobart and Singapore. Most do not rent their apartments.

    Geez, with our settlement, it is now more than 50%; at least, we are renting ours for a few years.
     
  12. EN710

    EN710 Well-Known Member

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    Very nice and perfect location :)

    Too big for me though, so might need to add more dogs
     
  13. Angel

    Angel Well-Known Member

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    I'll live there (as the private tutor probably?) Miami High just isn't quite St Aiden's or The Southport School.
     
  14. Bran

    Bran Well-Known Member

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    That downstairs room is a little too pokey for me.
     
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  15. Xenia

    Xenia Adelaide Property Manager Business Member

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    That's an amazing house in a perfect location
     
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  16. joel

    joel Well-Known Member

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    I dont think its worth 20 million. If I had 20 mil to spend on one single property this wouldnt be it.
     
  17. Sonamic

    Sonamic Well-Known Member

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    All that and such a tiny tinny in the garage.
     
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  18. Bran

    Bran Well-Known Member

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    That's just for the pool
     
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  19. Sonamic

    Sonamic Well-Known Member

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    Ahhhhh yes of course. Or maybe for the "floods" cause yanno Gold Coast is almost Brisbane. :p
     
  20. big max

    big max Well-Known Member

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    Well if I had 20 m to spend on a single property it would either be a commercial property or a block of units. But do tell - what would you be buying then? Or let's put it another way - if you did not care about yield and cared purely about getting the best trophy house you could what would it be?