Sanctuary Cove mansion sale sets new reputed $12 million record
Sanctuary Cove has a new record-setter mansion.
The Anchorage Terrace mansion, which came with adjusted $13.75 million price hopes on its April listing through Ray White Sovereign Islands agent Ali Mian, has reputedly been sold for around $12 million.
It’s 1,000-square-metre mansion with a 43-metre river frontage.
The house has symmetrical designer interiors, from its grand double-wing staircase entrance to its heated pool. It has hallways reflecting the strong black-and-white palette of the French fashion house Chanel, the latest home technology system, plus tepanyaki bar, home cinema and Swarovski crystal chandeliers.
The land was consolidated by tourism entrepreneur Chris Scott, who bought two neighbouring houses, and finished off by UK-based businessman John Baines and his wife, Elizabeth.
They paid $4.3 million in 2009 for the shell of a home on its 2,836-square-metre holding, which then had a Greg Reid-designed house built by Thomas Hughes Construction.
The Baines have previously sought $17.5 million for the property on earlier listings.
The prior Sanctuary Cove record was $7.22 million on Bayview Terrace.
The sale notification, with an undisclosed price, appeared on websites late last week.
Ray White agent Ali Mian has declined to comment.
But his boss, Brian White, has cited the sale as a sign of property price improvement on Queensland's Gold Coast.
"No one would have thought that sort of sale would be remotely possible on the Gold Coast," he told News Ltd.
