The owners of a luxurious riverfront mansion on the Gold Coast have launched a new campaign to sell their lavish property.
The estate, named ‘Alston,’ was last sold in 2021 for a record-breaking $23.75 million, making it one of the finest homes in southeast Queensland.
The property, at 5 McMillan Court, Southport, is listed via an expressions of interest campaign with Kollosche principal, Michael Kollosche.
“There are few homes on the Gold Coast that could compete with 5 McMillan Ct on location, offering and overall market appeal,” Mr Kollosche told realestate.com.au.
Despite being on and off the market since August 2022, the owner’s identity remains a mystery.
Several agents have tried to sell the property, and it was scheduled to go to auction in January but was pulled from the program on the night.
Mr Kollosche confirmed that the vendors were currently living in the Michael Witty-designed property but wanted to relocate to the beachfront.
He also added that the estate had undergone significant upgrades recently, making it an unrivaled offering.
The property features six bedrooms, seven bathrooms, an indoor pool, gym, sauna, home cinema, and billiards room.
Other highlights include a hotel-style marble bar and wine room, executive office, two-storey library, and a statement 7.8m high entry foyer with a three-tier chandelier crowning an Imperial staircase.
The Southport estate sits on a 3442sq m waterfront allotment amid landscaped grounds, making it a highly desirable location.
Mr Kollosche mentioned that recent enquiry levels from high net worth individuals seeking to invest in prestige Gold Coast real estate had been “remarkable.”
The property was once owned by bankrupt developer Graham Spottiswood and his wife, Suzanne, who bought the block of land for $2.35 million in 1998.
It is located in one of the Gold Coast’s most elite residential precincts, close to TSS and St Hilda’s private schools.
Rebecca Moffrey of Ray White Burleigh Group is co-marketing the property, with expressions of interest closing on June 14.