Gold Coast mansion with custom casino sells in mega deal

Baltimore at 46-48 Royal Albert Crescent, Sovereign Islands has its own casino.
Baltimore, a jaw-dropping Gold Coast mega mansion with a custom casino, home cinema and aquarium, has sold in a $14.25m deal.
The huge price has made its sellers $3.25m in less than three years.

Baltimore sold to a Gold Coast buyer for $14.25m.
One of the living areas inside Baltimore.
Another living area.
Marketed by Ivy Wu and Isaac Kim of Ivy Realty, the property at 46-48 Royal Albert Crescent, Sovereign Islands sold to a Gold Coast buyer.
“This is the sale we were hoping to achieve this year,” Mr Kim said.
“The buyers just walked in and absolutely love it.
“They loved the scale and the style, it ticked all the boxes.”

Aerial view of Baltimore.
Take a dip in the commercial-grade pool.
The aquarium is alongside the gym.
The Paradise Point property first hit the market in June, 2022 with a price tag of more than $20m, before it was relaunched in September, 2023.
Vendors Paul and Kim England bought Baltimore off-market for $11m in November, 2021.
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The home cinema.
Entertain in style.
When the Englands made their candid offer, they never expected it to be accepted.
“It was just a matter of timing,” Mr England told the Gold Coast Bulletin in 2022.
“We were renting on Sovereign and I just happened to ask the caretaker one day if the owner was interested in selling.
“The price we offered was all we had, so if the owner said no, that would have been it, we would have walked away.
“We couldn’t believe it when she said yes.
“We feel that we got a real bargain.”

The custom casino at Baltimore.
The 1500 bottle wine cellar.
The property was previously owned by US billionaire Susan Lillioja, who splashed $11m on the luxury house in 2006 for her daughter, who never moved in.
Renowned for its splashes of red, Baltimore rises four levels and includes 1448sq m of lavish living spaces with 60m of water frontage.

There are four levels of living at Baltimore.
Baltimore is on the Sovereign Islands.
A 12-person lift, 1500 bottle wine cellar, luxe bar, commercial grade pool, jacuzzi, gym, pontoon and 15-car basement garage are just some of its inclusions.
There are 9m ceilings with wraparound terraces offering views spanning to South Stradbroke and Surfers Paradise.
There are six bedrooms as well as a self-contained one-bedroom apartment that’s perfect for extended family.

Enjoy a drink at the bar.
Baltimore includes splashes of red.
Ms Wu said the prestige market was continuing to fire on the Gold Coast, with Baltimore the highest sale in the northern part of the city this year.
“There is a shortage of prestige properties, especially on the northern Gold Coast,” Ms Wu said.
“There are properties priced at around that $5m mark, but a house like Baltimore doesn’t come up very often.”
The highest sale price on the Sovereign Islands is $20m for 7-13 King Arthurs Court — billionaire Clive Palmer bought the property in 2020.
Mr Palmer is also behind the highest residential sale on the Gold Coast after splashing $28m earlier this year on a beachfront property in Mermaid Beach.

The post Gold Coast mansion with custom casino sells in mega deal appeared first on realestate.com.au.

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