Buyer snaps up Gold Coast apartment in multimillion-dollar deal

first_img Wake up to this view every day! Entertaining will be a breeze here.More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago MORE NEWS: Gold Coast Castle fit for a king set to go under the hammer 14/5 Broadbeach Blvd, Broadbeach has changed hands for $3.25 million.A Gold Coast downsizer has paid $3.25 million for a luxury beachfront apartment in Broadbeach.Tolemy Stevens and Mitch Lambert of Harcourts Coastal found a buyer for the full-floor residence in Vogue on Broadbeach. “The buyer was a local Gold Coaster who had downsized from a large home and wanted to move to the beachfront,” Mr Stevens said.“They wanted to be in an exclusive residential-only building that was quiet and private but still have the space to feel like a house. Vogue on Broadbeach is one of the best options on the Gold Coast for that.”The 322sq m three-bedroom apartment occupies the 11th floor. It has an office and butler’s pantry as well as an open plan living and dining area that opens to a north facing balcony. There are only 15 apartments in the tower, each with its own private lift lobby and two car parks. The view from the kitchen. Inside the luxury apartment at Broadbeach.center_img MORE NEWS: Why there are fewer Gold Coast properties on the market Mr Stevens said there was not enough stock to meet demand.“Since September and October last year we just cannot get enough property to satisfy the appetite we’re receiving,” he said.“We have more qualified and active buyers to work with yet not enough to sell them. When comparing Sydney and Melbourne, the Gold Coast overall is still representing outstanding value./5 Broadbeach Blvd, Broadbeach.“I think it’s a testament as to how well the Gold Coast real estate market is currently performing.”.It comes as new data from revealed demand for property was up across the city. Cameron Kusher, Director of Economic Research at REA Group: National said the driving factor behind the significant increases was linked to a lack of properties for sale.last_img

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