An architect couple’s Gold Coast home flip has sold for $2.55m – double the price they paid – after a competitive three-way showdown ahead of auction.
The couple purchased the tired 1980s home for $1.21m in 2022 after it sat on the market for five months. A no-expense-spared renovation transformed the single-level home, adding a new master suite, office, and light-filled open-plan living crowned by skylights.
The revamped pool and spa area, complete with a rock waterfall, slide, and entertaining pavilion, was another show-stopping feature.
AFTER: Light-filled living spaces
The floorplan was reconfigured to maximise indoor-outdoor living
BEFORE: In need of an update
Marketing agent Hanan Cawley said the property drew huge interest, with six offers and a final three-way contest to secure the sale.
“The home was incredibly popular and it sold in a three-way multi-offer situation, two days ahead of auction,” Mr Cawley said.
“The vendors did an amazing job with the renovation and really left no space untouched.”
The buyers were a family relocating from a nearby suburb.
“They just walked in and fell in love,” Mr Cawley said.
AFTER: The pool has a rock waterfall and slide
BEFORE: Too good to replace, ripe for a revamp
The home was described in the listing as a blend of “contemporary elegance and timeless country charm”.
Set over a 4,400 sqm lot backing onto a nature reserve at 14 Narrabundah St, Mudgeeraba, the home had five bedrooms and three bathrooms, with expansive sliding doors opening onto the wraparound verandah.
AFTER: One of the modern bathrooms with access to a private courtyard
BEFORE: Classic 1980s bathroom
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Outside, the property offered multiple spaces to enjoy its peaceful setting, with an alfresco pavilion overlooking manicured lawns, pondside gazebo, and built-in barbecue kitchen with wine fridge.
A large shed and a robotic mower to maintain the expansive lawns were also part of the deal.
The big-ticket sale far exceeded the suburb’s median house price of $1,232,500, which has risen 17.4 per cent over the past year, according to PropTrack data.
AFTER: The pondside gazebo
BEFORE: Not exactly serene
English (US) · 