$50k bond: What $11k a week gets you on the Gold Coast

3 weeks ago 13

1525 Riverdale Dr, Hope Island


A trophy home described as “like a theme park” could be yours for $11,000 a week, and $50,000 in bond.

Sold sight unseen for $5.75 million to an interstate buyer in 2020, the vast mansion at Hope Island was recently listed for rent.

At the time of the sale, Professionals Vertullo Real Estate agent Mark Carew said the interstate buyer was one of several who made offers to buy the estate sight unseen.

“The borders being closed made it harder for interstate buyers,” he said.

“There were multiple offers from parties outside of the Queensland who see the value.”

1525 Riverdale Dr, Hope Island


The 1815sq m trophy mansion sits on a 4982 sqm point position making it the biggest residential holding within the prestigious Rosebank Gardens Estate.

The Mediterranean-style home was built by national car-warranty business owner Gary Chuck and wife Suzanne, who fetched $9.39 million when they sold the prize home in 2004.

It is listed for rent by Rent Better and is available from July 1.

1525 Riverdale Dr, Hope Island


To put that weekly rent into perspective, that totals $572,000 a year – more than the median house price in 213 Queensland suburbs.

“Long list of lifestyle features including resort style pool, spa and full-size tennis court,” the rental listing says,

“Buggy ride to Hope Island Marina, moments to championship golf course.

“This waterfront residence occupies the largest block within the exclusive Rosebank Gardens Estate of Hope Island Resort.”

1525 Riverdale Dr, Hope Island


Almost every room in the mansion has marina views, with a commercial kitchen available for every size soiree.

“The presidential master suite is also positioned on this level and boasts a huge walk-in wardrobe and dressing room,” the listing says.

“Ascending the staircase to the mezzanine level, the remaining three bedrooms are revealed, all of which include walk-in robes and an ensuite.

“Each bedroom opens onto the balconies offering panoramic water views.”

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1525 Riverdale Dr, Hope Island


Outside is described as “akin to a 5-star resort”, and includes the pool and spa, pool house complete with an outdoor kitchen, shower, toilets and a change room.

There is also a Hollywood-style home cinema with projector and bar, a home office and adjoining library/sitting room, ducted air-conditioning throughout and a 3-car garage.

1525 Riverdale Dr, Hope Island


“Properties of this calibre seldom come to market,” the listing says.

The only other listing that is more expensive is a unit listed for $850,000 a week, but we hope that is a typo.

1525 Riverdale Dr, Hope Island


1525 Riverdale Dr, Hope Island


1525 Riverdale Dr, Hope Island


1525 Riverdale Dr, Hope Island


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