Weekend Gold Coast Bulletin - Property

Trophy home is back on the market

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A sprawling main river estate in Broadbeach Waters has hit the market with a long list of luxury features.

The six-bedroom entertaine­r on a 1,592 sqm parcel with 22m of water frontage at 319 Monaco St is marketed by Hanan — Gold Coast agents Hanan Cawley and Cooper Markovitch, with offers above $10m sought.

Mr Markovitch said the home commanded attention for its flawless design and was surrounded by plenty of other multimilli­on-dollar waterfront estates.

“Adding to its appeal, the home is opposite Albert Park with lakeside walking paths, a playground and sports fields and off-leash dog zone,” he said.

“It’s an esteemed enclave for the fortunate few to call home, within 7km to TSS and St Hilda’s schools, and close to the beaches and entertainm­ent of Surfers Paradise and Broadbeach.”

The two-level home was built in 2016 and underwent a Palm Springs-inspired renovation prior to its sale for $5.05m in 2019. Features include a designer kitchen with marble island bench and butler’s pantry, beautiful French oak floors, a stone fireplace and statement chandelier in the open-plan ground floor living space, and a temperatur­e-controlled wine cellar.

This area flows to a covered alfresco terrace with a barbecue kitchen by the pool, and there’s plenty of lawns for the kids and pets to play, along with a large pontoon and timber deck by the water’s edge.

A separate one-bedroom apartment provides dual living potential, while additions to the main residence’s floorplan include a media room, indoor/outdoor recreation zone, and office.

Monaco St has been a hive of activity over recent months, with record-breaking sales delivering huge profits to vendors.

A Hamptons-inspired residence at no. 129 sold for $10m after two weeks on the market in May.

The highest price ever paid in the suburb was $18m, for a sleek architectu­rally designed mansion at no. 87 which was the set of reality TV show, The Bachelors, and sold in March.

The size of the blocks, river frontage and central Gold Coast location have been huge selling points according to agents.

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