Katie Page secures biggest M3565 sale at Main Beach
Businesswoman Katie Page’s Gold Coast boutique beachfront development at Main Beach, M3565 has secured its biggest sale to date.
A NSW buyer has spent $5.75 million on their 315 sqm fifth floor apartment.
The sale is the third in 2020, with two lower-floor apartments selling at $4.4 million and $4.75 million.
Robert Graham, of Ray White Prestige, advised there was just the one remaining apartment available in the complex where the Harvey's retain a bolthole given ongoing Magic Millions commitments.
During its marketing Graham suggested M3565 had knocked Jade, previously the Gold Coast’s premier apartment block, from its mantle.
Like everything she turns her mind to, M3565 proved to be a cut above anything else seen on the Gold Coast.
Part of that stems from the fact that Katie Page and her husband, Gerry Harvey, are long time Main Beach devotees, so she knew the likely buyer needs.
There are seven apartments in the boutique Virginia Kerridge-designed building at 3565 Main Beach Parade.
The typical whole floor apartments come with four bedrooms and four bathrooms.
Excluding the two level penthouse, the apartments were initially priced between $5 million and $7 million.
The remaining sixth floor apartment will be marketed at more than $6 million.
The previously highest sale was $5.5 million for the fourth floor apartment in 2018 which ranked as the highest price paid for a beachfront apartment in the Gold Coast that year.
Page bought the 882 sqm site for $15.5 million in 2007 and when they formally hit the market in 2017, Page announced she was keeping the two level penthouse.
Developments Nearby
White, Main Beach
Address - 24-26 Woodroffe Avenue, Main Beach
Less than 300 metres from the beach and offering a more affordable luxury apartment is White.
The McNab developed, WMK Architecture-designed tower is offering 325 sqm full floor apartments. Each apartment has three bedrooms, three and a half bathrooms, two living areas and a verandah.
Prices start at $2.2 million for the apartments which all feature a lift to lounge elevators and two side by side car parking spaces.
