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Buyers splash on luxury Gold Coast units

Cashed-up buyers are making a splash ahead of Christmas in the luxury waterfront  residential sector on the Gold Coast.

On the northern end of the coast, a mansion on the Sovereign Islands has changed hands for $9 million, while a luxurious penthouse on nearby Ephraim Island has sold for $2.23 million.

There were seven new apartment sales in excess of $1 million, four waterfront villas were sold and four marina berths were sold for between $100,000 and $180,000.

Buyers were a mix of local Gold Coast residents including overseas and interstate purchasers.

Source: smh.com.au



Published: 05 December 2009

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