International buyer behind $10m Hope Island luxury splurge

The contemporary home is located in the exclusive Sanctuary Cove community
AN international buyer splashed nearly $10 million on a luxury home in Hope Island’s exclusive gated community of Sanctuary Cove.
The latest big-ticket residential deal settled on the Gold Coast was handled by Evan Molloy, of Hope Island Realty.
With 27m of water frontage to the Coomera River and a long list of high-end inclusions, the property at 1036 Edgecliff Pl sold for $9.75m to an international buyer who already owns several other properties in the region.
The five-bedroom, five-bathroom home was built in 2020 on a 1,320sq m block and is an entertainer’s dream, complete with a superyacht marina berth at the water’s edge.
Room for the superyacht
A gatehouse leads onto the stately foyer with soaring 7m ceilings and feature halo pendant lights, while banks of frameless glass doors capture the view from the open-plan living and dining zone.
The kitchen is ideally appointed for catering all styles of events, with a private entry to the butler’s pantry, oversized marble island and benches, and wall of high-end Vzug appliances.
A servery window connects to the travertine al fresco area, which features a well-appointed outdoor kitchen with a teppanyaki cooktop, icemaker and integrated fridge door.
The heated tiled pool and spa overlook the water, while the pontoon is particularly large and can accommodate a 90ft boat.
There’s even an automated jet ski lift.
Luxury inside and out
Al fresco dining with an outdoor teppanyaki kitchen
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Mr Molloy said the sale showed continued strength in the Coast’s high-end market.
“I think the demand for properties that are ultra-luxurious, have blue chip foundations, and are located in quality, resort-style communities with 24/7 security is only increasing,” Mr Molloy said.
“I think what resonated with the buyers was the quality of this build that set it apart from other homes on the market.
“There were bigger homes available on the market, but the quality fundamentals underpinning this property — its north-facing, wide water, premier location — gave the buyer confidence that it was a great investment, not just financially but lifestyle-wise,” he said.
Banks of glass capture views from open-plan living areas
A dual-sided fireplace in the dining area lends a sophisticated touch
A lift connects each level of the two-storey home.
Bedrooms are on the ground floor, including the opulent master suite with dressing room and private balcony, along with a billiard room with custom cabinetry and a surround sound system.
At basement level, there’s parking for 12 cars and two buggies — a must within this golfing community — and a home cinema with tiered seating.
PropTrack data shows house prices in Hope Island grew 8 per cent in the first quarter of 2022, reaching a median of $1.28m in March.
There are five bedrooms including the opulent master suite
Heated pool and spa at the water’s edge

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