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Gold Coast family home changes hands for mega bucks

October 6, 2020

first_imgCook up a feast. 11 Kootingal St, Ashmore. What a chandelier!On the river frontage, a large pontoon suitable to accommodate a sizeable boat offers easy access to the Gold Coast’s waterways.According to property records, the street is tightly held, with the last sale back in 2013 when a four-bedroom, four-bathroom house changed hands.The highest price paid for a property on Kootingal St was $3.1 million in 2005 for No. 5. Dine in style.Spread over two floors, the home includes four bedrooms on the upper level, an upstairs lounge that could be suitable for another bedroom, a granny flat on the ground floor, formal lounge with fireplace, and large family room.There’s also a steam room, media room, gym and wine cellar storage, four-car garage and work room.The 1060sq m house takes up just a quarter of the 4015sq m parcel of land.The remainder is a sprawl of mature tropical gardens, spacious entertainment areas, a lit tennis court and a heated swimming pool. Feel a million miles away in your own tropical paradise.center_img Entertain your guests in style. SOLD! 11 Kootingal St, Ashmore has changed hands for $3.75 million.A SPRAWLING riverfront property on the Gold Coast has changed hands for $3.75 million, smashing the street record by more than $600,000.The acreage block in the middle of suburbia at 11 Kootingal St, had been on and off the market since 2012.Katrina Walsh of Harcourts Coastal handled the latest campaign and managed to find a buyer for the five-bedroom residence. More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThis is main river living at its best.“The buyers liked the quality of the construction, the size and the position on the main river.,” she said.The property was built in 2007 for its UK vendors.While its bones — soaring ceilings and timbered doors, with an impressive kitchen to match — remain classic and traditional, a subtle Asian influence has evolved inside.“The owners have worked extensively in Hong Kong, hence the flair of the decor,” Ms Walsh said.“They purchased and built the property in keeping with its surrounds; the construction is quality.”last_img

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