Tropical Burleigh Heads home on huge lot sold under the hammer

23 Acanthus Ave, Burleigh Heads
A TROPICAL Burleigh Heads property on one of the beachside suburb’s largest single residential lots has sold under the hammer for $3.6 million.
Six registered bidders vied for the vibrant four-bedroom, three-bathroom home set among lush gardens on a 1024sq m block just 300m from the beach at 23 Acanthus Ave.
Marketing agent Ed Cherry, of Harcourts Coastal, said three buyers remained active once bidding passed $3.2m, with the strong final sale price reflecting continued demand for real estate in the much-loved holiday hotspot.
The home occupies one of the largest single residential lots in Burleigh Heads
It’s set among tropical gardens
“I had conversations with interstate buyers that have properties in Noosa, Byron Bay and Sydney and they were saying, ‘but the market is cooling’,” Mr Cherry said.
“It’s easy to say that as a nation, but Burleigh is not cooling.
“There is so much desire for anything unique or appealing that is listed in Burleigh Heads, and where the average lot size there is 450 to 500sq m, this was one of the largest parcels of land in proximity to the popular James St precinct and Burleigh’s cafe, restaurant and bar scene,” he said.
The 20-year-old double-storey home, while ripe for refurbishment, was a trophy home of its era, with timber, stone and stainless steel used to contemporary effect in its design.
Resort-style grounds
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On the ground floor, open-plan living zones and a generous kitchen with butlers pantry and wine cellar flow via glass stacker dools to generous decking and al fresco entertaining areas, with a lagoon-style pool plus slide and Bali hut shaded by palms.
Three of the bedrooms are upstairs, including the large master bedroom with walk-in robe and ensuite, while the home’s sunny northeast aspect and high ceilings enhance the resort vibe.
“This was the property that put Acanthus on the map,” Mr Cherry said.
“Twenty years ago, it was known as the house that had overcapitalised. Back then, it was well ahead of its time.”
Timber, stone and stainless steel feature in the home’s design
The kitchen has a butler’s pantry and wine cellar
Propety records show the house last sold in 2009 for $1.52m.
It comes just weeks after a luxury home on a 1,286sq m block in Burleigh Heads’ Koala Park precinct sold under the hammer for $9.7m — the highest residential sale price achieved in the suburb.

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