127 Monaco St, Broadbeach Waters sold at auction.
A riverfront home on one of the most popular streets on the Gold Coast sold under the hammer for $7.88m — the highest residential sale of the week in the city.
The triple-living property at 127 Monaco St was marketed by Kollosche’s Michael Kollosche and Marco De Vincentiis.
An aerial view of 127 Monaco St, Broadbeach Waters.
The house from the front.
It had been in the same family since the 1960s although the main residence was built in 2010.
Justin Nickerson of Apollo Auctions called the auction which attracted seven registered bidders.
In the end a local buyer was triumphant.
“It’s obviously one of the most prestigious streets on the Gold Coast,” Mr De Vincentiis said.
“It’s on the river in Broadbeach Waters and there’s only so many properties available.
“It’s very appealing for buyers to try and get that position.”
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Make a splash in the pool.
Inside the residence.
With 66.8m water frontage, every inch of the 1055sq m block has been used to ensure a luxury living experience that epitomises Gold Coast glamour.
The main residence has open plan living and dining, with the kitchen spilling on to a sprawling alfresco entertaining area for indoor and outdoor living bliss.
All bedrooms and a media room occupy the top floor with uninterrupted skyline and water views from every vantage point, marble wet areas and light-filled spaces.
The property includes 66.8m of water frontage.
The triple-living property includes a self-contained granny flat and a stand-alone studio.
On the ground floor there is a self-contained granny flat and a stand-alone studio – both with their own private access for dual living and multi-generational needs.
There is a waterside lawn, sandy beach, pontoon, and boat shed for water enthusiasts and the private pool is offset by a tranquil water feature.
Monaco St has been a hive of activity this year with several multimillion-dollar properties changing hands.
The highest sale on the street is No. 87 which sold for $18m in March.
No. 87 is the highest price paid ever for a property in Broadbeach Waters.
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