“Tenile” Auction at QLD Riverfront Mansion

A “tensive” auction was held on a luxury riverside property in southeast Queensland, with the estate selling for $100.6 million at the hammer.

Amid the Gold Coast mansion, a large crowd and seven registered bidders were auctioned through Michael Kollosche and Gypsea Youngsmith of Kollosche.

“It was a house full, very nervous,” Mr. Youngsmith said.

“The people who bought it made themselves very famous upstairs in the auction floor, which helped get out of the game.”

The bid opened at $6 million, and then quickly increased the $2 million increase to $10 million.

Three other bids and local buyers obtained keys to the property at 315 Monaco Street, Broadbeach Waters.

More News: World Bikini Champion for Sale Luxury Australia

Reveal: Australian Trends Help Buyers Beat Record Prices

The two-story residence, known as Casa Tramonto Dorato, features classic design elements including elegant arches, auxiliary ceilings, custom cabinetry and wood floors, while all overlooking the river with a series of balconies and a range of entertaining spaces.

This house is located in the 1770 m2 block opposite Albert Park on Monaco Street.

“Buyers are very conveniently attracting privacy and locations at the Broadbeach Waters Center,” Ms Youngsmith said.

“Monaco Street has the largest land parcel in the waters of Broadbeach.

“There are less than 40 homes across from Dog Park along the riverfront, providing homeowners with a very beautiful lifestyle.”

The stately design of the home is far from what sellers Brent and Jo Churchill looked like when they purchased the property in 2009.

“The original home is an old Spanish estate with many trees on it,” said Mrs. Churchill.

“This is the worst house on the street.”

Churchills lived in their last residence for seven years before calling on architect Jared Poole to build a dream home worthy of prestigious location in 2016.

“We wanted a traditional large family home to maintain Spanish influence, so we kept the curve on the nod of the previous house and we wanted to keep as many existing trees as possible,” Mrs. Churchill said.

The main location overlooking the river and the pool is the heart of the property – a covered open-air area with pizza oven, outdoor kitchen, fan, shutters and heaters.

“The outdoor entertainment area is like there’s another room outside,” Churchill said. “We even sit there when the shutters rain.”

Churchills in the yard brings two date palms, and the yard offers a private oasis perfect for relaxing and entertaining.

“We spent the entire time in the mural area, on the deck or sitting under the trees watching the sunset,” Mrs. Churchill said.

The most expensive property for sale in Broadbeach waters is 87-89 Monaco St, which was traded for $16.5 million earlier this year.