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Sydney&rsquo;s top weekend sale came auction eve when a Cronulla apartment was snapped on Friday.&nbsp;

The four bedroom, three bathroom Saltaire apartment at 201/21-23 Prince St fetched $5.8m through Highlands Property agent Mitchell Wynn.&nbsp;

The apartment is set in the boutique block of eight spread over flour floors.

The second floor space last sold at $3.8m in 2018.

[smartcode_project:default project_id=6201]

Cronulla&#39;s median apartment price sits at $825,000 according to realestate.com.au.

Sydney’s top sale came weekend auction eve when a Cronulla apartment was snapped Friday. 

jchancellor

$5.8 million trophy Cronulla apartment sale tops weekend results

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A South Yarra triplex has been listed for sale in one line.

The Marne Street comes with a $11.5 million to $12.5 million price guide.

It is for sale through Kay &amp; Burton agent Peter Kudelka who said it was a rare chance to secure a whole block of apartments in the heart of the Botanic Gardens precinct.

Offers are due 12 May.

The marketing seeks buyers who will either iInvest or re-develop.

Its land size is 885 sqm.

Apartment three, a rear one bedroom garden apartment, was up for rent at $350 a week last June.

Apartment one was last advertised in 2012 at $1500 a week.

[smartcode_project:default project_id=600]

South Yarra has a $620,000 median price for units that rent for $410 PW with a rental yield of 3.4%. 

Based on five years of sales, South Yarra has seen a compound growth rate of 0.7% for units, according to realestate.com.au.
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The Marne Street, South Yarra block comes with a $11.5 million to $12.5 million price guide

South Yarra triplex listed with $12.5 million hopes

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Given the sell-out this week of Cabana Palm Beach, premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects.

Cabana Palm Beach sold out within eight weeks of their Boxing Day launch and ahead of the project receiving development approval from the Gold Coast City Council.

Delivered by Gold Coast-based developer Ignite Projects, all 34 apartments in the luxury development were snapped up for circa $80 million, with interstate purchasers paying top dollar to secure their abode.

According to the developers, the average price paid for an apartment was $2.7 million, $300,000 more than the average list price on launch, which was just $2.4 million.

[smartcode_project:default project_id=84861]

Situated in Palm Beach, one of the top five most searched suburbs in Queensland, Cabana lies directly opposite the recently completed artificial reef, making it a surfer’s dream.

Managing director Josh Foote said the stellar results are still underpinned by Cabana’s unique location and outstanding design.

“To have all apartments sold ahead of receiving development approval is a huge vote of confidence in our project team, and the fact people were willing to spend more than list price and, in some cases, combine two apartments shows we have got it right”, Foote said.

The apartments were sold to buyers from the Gold Coast, Brisbane, Sydney, Melbourne and a number of other regional areas.

Construction on the project is expected to start ahead of schedule in June and completion slated for November 2022.

<h2>Other luxury three-bedroom apartments on the market on the Gold Coast</h2>

Luxury developments are popping up all over the Gold Coast as demand increases for residences with water views and resort-style facilities.

According to Foote, “the trend towards larger beach-home style apartments is here, and I anticipate this will continue as more people want additional space for work, study and recreation in the home.”

In case you've missed out on Cabana, here are a few of our favourite new luxury developments on the Gold Coast: 
 

1. The Monaco, Main Beach 
Address: 2-4 MacArthur Parade, Main Beach QLD 4217 
Three-bedroom apartments from $1,800,000

[smartcode_project:default project_id=26730]

Ignite Projects' second Gold Coast residence, the Monaco, offers breathtaking apartment living in Main Beach.

Designed by Rothelowman, the new 24-storey tower will feature 24 half and full-floor residences, the Southern Hemisphere’s first car elevator to apartments and a custom-designed kitchen for each buyer.

“The Monaco offers a boutique beachside residential opportunity for discerning buyers looking to upgrade their lifestyle”, Rothelowman’s Jeff Brown said. 
 

2. Shoreline, Surfers Paradise 
Address: 61 Old Burleigh Road, Shoreline QLD 4217 
Three-bedroom apartments from $1,100,000

[smartcode_project:default project_id=22057]

Delivering desirable Surfers Paradise apartments to luxury buyers on the Gold Coast, Shoreline offers space, privacy and opulence.

Situated in a quiet tree-lined pocket, Marquee Developments’ project features an exceptional array of lifestyle and wellness amenity.  

Designed by BDA Architecture, the 17-storey building offers 27 three-bedroom apartments, each with panoramic views of the skyline, ocean, river and hinterland. 
 

3. Miles Residences, Kirra Point 
Address: Cnr Miles Street &amp; Marine Paradise, Kirra QLD 4225 
Three-bedroom apartments from $1,500,000

[smartcode_project:default project_id=27575]

KTQ Group’s Miles Residences delivers a collection of spacious one, two and three-bedroom apartments, many with a multi-purpose room.

Situated on a rare Australian north-facing beach, the residence is positioned to access all that Gold Coast has to offer.

Apartments, architecturally designed by Woods Bagot, feature timber flooring, a flexible open-plan layout and floor-to-ceiling windows.
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Cabana Palm Beach sold out within eight weeks of their Boxing Day launch and ahead of the project receiving development approval from the Gold Coast City Council

max.kwok_55688

Ignite Projects sell-out Cabana Palm Beach project. Demand for New Luxury Projects on Gold Coast.

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A $4.1 million sale in Dee Why’s refurbised 1970s Ala Moana apartment building has set a suburb record.

The 16-17/89 Dee Why Parade apartment created from the amalgamation of two apartments went to auction with a guide of $3.5 million.

It was sold through Peter Mosedale and Phil Feseha, of Upstate.

The sixth floor northeast corner apartment comes with views over the Dee Why Beach, Long Reef Headland and the ocean.

[smartcode_project:default project_id=21882]

It includes three-car garaging.

One of the apartments had been bought for $285,000 in 1993, with the second costing $1 million in 2006.

CoreLogic suggest the highest previous sale was $2,975,000 in a 2018-built Meriton complex at 15 Howard Avenue.

There was a $2.85 million sale in Oceania, the 2001-built complex on The Strand in 2019, which first sold at $1 million. 
 
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A three-bedroom apartment in Dee Why’s Ala Moana building has set a suburb record

Record $4.1 million Dee Why apartment sale 

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Sydney had the priciest advised weekend auction sale when $5.01 million was paid for a Mosman penthouse. 

The Moruben Road penthouse sold last in 2004 at $2.05 million having first traded in 2002 on completion at $1.85 million. 

Mosman's median apartment prices sits as $1,002,500, with realestate.com.au calculating units typically rent for $550 per week with a rental yield of 2.9 percent. 

Based on five years of sales, Mosman has seen a compound growth rate of 2.9 percent for units.

Selling agent Jonathon De Brennan marketed the three bedroom, two bathroom apartments as the “jewel in a prestigious boutique complex” of six apartments. 

[smartcode_project:default project_id=7758]

It came with two car spaces.

It came with Middle Harbour views from its Balmoral Slopes location. 

The tightly held block’s last sale was $2.7 million in 2016. 

The neighbouring penthouse last traded at $1,805,000 in 2003.

Sydney saw a 96 percent success rate at weekend auctions, according to Realestate.com.au. 
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Sydney had the priciest advised weekend auction sale when $5.01 million was paid for a Mosman penthouse. 

Mosman apartment sells at $5.01 million

<html><body>There has been a $2,875,000 Trilogy North, Surfers Paradise skyhome sale, just 30 days after its listing.

It last sold at $2.7 million in 2011.

Set on the top two floors of the Trilogy North building, it comes with 360 degree views from both the 21st and 22nd floors.

The four bedroom, five bathroom penthouse has its own infinity pool.

The apartment has 670sqm on title with its extensive living space having towering 9m high ceilings. There is some 100 sqm of outdoor space.

Three of its bedrooms have walk-in robes, ensuites and adjoining terraces.

There is basement parking for five cars plus lock-up storage area.

It was sold by Shaun Bourke at Harcourts Coastal.

The apartment first sold at $1.425 million off the plan in 2003.

CoreLogic advises it was listed with $4 million hopes in 2015.

Realestate.com.au calculated Surfers Paradise, based on five years of sales, has seen a compound growth rate of 2.4% for units.

There was a $1.2 million sale in the complex last November which failed to exceed its initial sale at $1,375,000 in 2004.</body></html>

The apartment sits on the top two floors of the Trilogy North building on Cypress Avenue

$2,875,000 Trilogy North, Surfers Paradise skyhome sale

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A luxury Sovereign Islands, Gold Coast home has sold for $5 million, up on its $4.75 million sale price three years ago.

It sold through Ali Mian at Ray White Sovereign Islands.

The four bedroom, five bathroom house was designed by Paul Clout on its 700 sqm 33 Hampton Court holding.

The vacant block first sold in 2004 at $1.5 million, according to CoreLogic.

The house first sold at $4 million in 2008. 

Facing north-west to the Broadwater, the house comes with a 24m pontoon with its 30 metres of water frontage, capable of mooring up a 100ft mega yacht. 

The exceptional home was built by Deep North Developments builders in 2006 with the house being a finalist in Queensland House of the Year.

It took two years to build with over 300 sqm of concrete and 40 tonne of steel.
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The house first sold at $4 million in 2008 and last sold for $4.75 million three years ago

Luxury Sovereign Islands home sold for $5 million

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The iconic Giraffe Manor residence at Teneriffe has been listed for sale.

The 2.7 metre giraffe stands out of the front of the home at 37 Macquarie St, Teneriffe which last sold for $5.1 million in 2017.

The home has four bedrooms, a pool, cellar, rumpus and a kitchenette on the ground level.

The three-level home on 614sqm  has again been listed by Hamish Bowman and Matt Lancashire at Ray White New Farm.

When the original owners moved into the house seven years ago, a joke about a zoo-like enclosure on the front lawn resulted in the landscaper delivering a truckload of fake animals.
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The 2.7 metre giraffe stands out of the front of the home which last sold for $5.1 million in 2017.



Giraffe Manor at Teneriffe listed

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The Sorrento home which was the architecturally designed winner of 2017 HIA Victorian Housing Award for custom built regional homes has been listed for sale at $3.15 million.

Set in a lush coastal garden at 15 Rose Street, the home’s features include an eight metre long drystacked limestone wall which acts as a focal point of the living room which was undertaken by a local artisan stonemason

Its Kay &amp; Burton listing agent Liz Jensen notes from the Carrara marble bench tops to the parquetry oak floors, to the cabinetry and imported light fittings, that “high-quality materials are used to the greatest effect.”

The home comes with custom built sauna and wellbeing retreat/sitting room.

There are double glazed windows, hydronic heating, wood burning open fireplace, and reverse cycle air-conditioning.

The 680 sqm block cost $1.55 million in 2014.
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The Sorrento home was the winner of 2017 HIA Victorian Housing Award for custom built regional homes.

Sorrento HIA award-winner listed for sale

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Sydney had the nation's top auction result on the weekend prior to Christmas when a record $10.55 million was secured for a triplex at South Coogee through Sotheby's International.

Agent Michael Pallier noted there were 13 registered bidders with the buyer being a local family.

The oceanfront art deco 1940s building at 1 Wolseley Rd had last traded in 1989 at $776,000.

It was offered by the family of Selina Corkhill, the head of investment banking at the Sydney branch of the Bank of China, and widow of architect Tony Corkhill.

South Coogee's previous highest sale was in November last year at $9.8 million for a contemporary four level mansion which sold to find manager Duncan Saville. 

There was a recent sale at Coogee at $12.85 million when the venture capitalist, Marc Marano, bought on Gordons Bay, known as Sydney’s Little Amalfi Coast.

Marano left his family’s inner Sydney estate agency Oxford Agency five years ago to join the fitness franchise F45, and moved to the US two years ago to lead its expansion.

The off market sale bettered the Coogee suburb record by $3.85 million, set six years ago at $9 million.
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The oceanfront art deco building at 1 Wolseley Rd had last traded in 1989 at $776,000.

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