31 Spoonbill Way, Burleigh Waters
This Hinterland acreage estate presents as practically brand new, given it’s never been lived in since it was built in 2019.
The vendors, who live in northern NSW, have only ever stayed odd nights in the luxury home at 31 Spoonbill Way, Mudgeeraba, since acquiring it six years ago, not long after its completion.
The five-bedroom, five-bathroom home on a 5,873 sqm block comes with a basketball court and undercover infinity pool.
The home presents as brand-new
The owners have only ever spent the odd night in the home in the last six years
It’s located in the exclusive Jabiru Estate, near Somerset College, which recently recorded an eye-watering $9m sale belonging to Australian basketball star, Andrew Bogut.
The home is marketed by Ray White Malan + Co agent, Rebecca Wiggins, and goes under the hammer on January 31.
“It may as well still be bubble wrapped,” Ms Wiggins said.
“The home was built in 2019 but the original owner never properly moved in, and now these vendors have only ever used it as a holiday home a couple of times a year, so it’s brand new, for all intents and purposes.
“Vacant blocks of land in Jabiru Estate are going for $3.5m so this property could a build of this calibre, which could end up selling for under replacement cost, is tremendous value.”
The home has an undercover pool and a basketball court
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Ms Wiggins said the area was tightly held and in high demand among well-heeled local families due to its proximity to top private school Somerset College.
“A lot of the owners around here send their children to the school, so they don’t even contemplate selling till their kids have even graduated.”
Demand for larger homes in the hinterland has skyrocketed recently, with the median price for houses in Mudgeeraba with four or more bedrooms up 10 per cent over the past 12 months to$1.35m, according to PropTrack data.
Ms Wiggins said Mudgeeraba will see an eight-figure sale soon
Ms Wiggins said Mudgeeraba had emerged among the Gold Coast’s newer prestige suburbs, as families drawn to the village lifestyle with proximity to the coastline and all amenities buying into luxury acreage estates.
“Mudgeeraba will see an eight-figure sale soon,” she said.
“There’s some stunning properties out here, and the money isn’t just looking at the beachfront anymore — there’s demand for space and peace and quiet, and that’s the Hinterland.
“Four or five years ago, Mudgeeraba was selling for about $500 per square metre; that’s almost tripled now to $1500 per square metre.”
The house could sell for less than its replacement value, the agent said
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