Record sale on Gold Coast’s Isle of Capri

89 Gibraltar Drive, Surfers Paradise has sold for $6 million.
A JAW-DROPPING new build on the Gold Coast’s Isle of Capri has sold for $6 million, the highest price paid for a property on the exclusive enclave this year.
The contemporary five-bedroom four-bathroom house at 89 Gibraltar Drive, Isle of Capri stands out with a combination of timber, concrete and stone finishes.

What an entrance!
The house has a contemporary vive.

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var result = minutes + “:” + (seconds < 10 ? "0" + seconds : seconds); return result; } })(window.videojs); MORE NEWS: Gold Coast waterfront real estate ranked with world’s best Gold Coast and Northern NSW real estate: The latest auction and sales results The vendor, who enlisted award-winning designer Reece Keil Design, was fastidious with the design process. A colour palette of black and white creates a unique feel while 4m ceilings, polished concrete and spectacular water and city skyline views only adds to the ambience. “Our client had an eye for detail, a love of design and an open mind regarding aesthetic and function,” Reece Keil said. The stair case is feature in itself. The kitchen and dining looks out to the river. “The requirement was to design a large functional, low maintenance family home that offered entertaining flexibility, seamless internal/external flow and internal privacy. “I approached the project with caution because two brains steering the same ship can always end badly but I quickly realised how much we were actually in sync and as a result gained the full trust and complete understanding of their needs, wants and expectations for the project.” The property features water views and a vista of the city skyline. 89 Gibraltar Drive, Surfers Paradise from the street. Mr Keil said he focused initially on the entertaining area and worked backwards with the design. “The shape of the built form was born from the massing and heights of internal spaces that stemmed from the central entry core of the home,” he said. “Considering the built form was quite bulky we introduced mixed materials and features to create articulation and visual interest, all of which was softened by structured landscaping and carefully planned view lines. “The relationship between the main living spaces and the entertaining spaces allows the home to function in many different ways to suit various social settings and weather conditions.” The water outlook. The kitchen. The property was marketed by Rob Rollington and Russell Rollington of First National Surfers Paradise. Rob Rollington said the marketing campaign created significant interest from local, interstate and international property hunters. “In total five cash offers were submitted to the vendor with a local buyer securing the keys,” he said. It’s a boating enthusiast’s paradise with a pontoon on main river. Entertain in style. “The market for high quality properties in prime locations on the central Gold Coast is still very strong with local as well as interstate and overseas buyers still looking to relocate to the Gold Coast mainly due to lifestyle benefits “Stock in premium locations is still very tight – we have three cash buyers who we are still working with who missed out on Gibraltar Drive to place into other properties.” The highest sale ever recorded on the Isle of Capri is $27m in 2020 for a sprawling mega mansion at 41-45 The Promenade. That sale remains the most expensive property to ever change hands on the Gold Coast. The post Record sale on Gold Coast’s Isle of Capri appeared first on realestate.com.au.

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