Gold Coast vendors planning to swap riverfront for beachfront

first_img22-24 Admiralty Drive, Surfers Paradise.THEY’VE enjoyed a luxury riverfront lifestyle for six years but the owners of a Surfers Paradise mega mansion are selling up to move to the beach.Pub baron Tony Burnett, whose hotels include the Jubilee in Brisbane, Del Plaza in Southport and Waxy’s Irish Pub in Surfers Paradise, has listed his Glitter Strip residence at $10.95 million. 22-24 Admiralty Drive, Surfers Paradise.The biggest sale this year on the Gold Coast is $9.5 million for a riverfront mansion at Monaco St, Broadbeach Waters.Last year, a Paradise Waters residence at 46-48 Norseman Court changed hands for $10.2 million while the biggest sale on the Coast in 2016 was $25 million for a Mermaid Beach mansion. 22-24 Admiralty Drive, Surfers Paradise.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoHis Admiralty Drive property was built in 2006 and designed by American architect Edward Larrabee Barnes for the Matsushita family, who are behind the Panasonic Corporation.Ray White Prestige agent Robert Graham is marketing the property and described it as an “iconic waterfront home”.“The property is a trophy residence on the main river overlooking the Gold Coast skyline,” he said.“It’s one of those houses where your jaw drops when you walk inside.“It’s substantial and inviting but above all it’s a home. Buyers will struggle to find a more elegant home on the Coast.” 22-24 Admiralty Drive, Surfers Paradise.The five-bedroom house is on a 1351sq m block and features a 12m indoor swimming pool, marble-tiled ensuites, cinema, library games room, boathouse and 24m pontoon among its luxury features.“What buyers want when purchasing real estate or assets over $10 million is to fall in love with it – they want that special house,” Mr Graham said.“There are a lot of larger homes around the Gold Coast but iconic homes like this rarely become available.”center_img 22-24 Admiralty Drive, Surfers Paradise.Mr Burnett and wife Toni Ferguson bought the five-bedroom house at 22-24 Admiralty Drive in 2011 for $6.72 million after moving back to Paradise Waters from Sanctuary Cove.Admiralty Drive has some of the largest residences on the Gold Coast and is home to a swag of rich listers and corporate high-flyers. 22-24 Admiralty Drive, Surfers Paradise.last_img

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