Hamptons dream lures Sydney buyer north

1 Royal Mews, Sovereign Islands sold for $6.9m.

A luxury Hamptons-inspired estate has sold in a $6.9m deal to a Sydney buyer planning to make the move to the Sunshine State.

The Queensland home, on the Gold Coast’s Sovereign Islands, first hit the market in May before being listed on the rental pool last month with an asking price of $5000 per week.

But before it could be rented, Amir Prestige Group’s Mitch Booth and Jeanette Schmidt managed to find a buyer based in Sydney.

The property has 28.7m of water frontage.

The outdoor kitchen.

He said the buyer had been searching for the right property on the Gold Coast for a number of years.

“We’ve been working with them for a few years as they had been planning to move to the Coast,” Mr Booth said.

“They really loved everything about this property — it’s a very unique property and it’s very true to that Hamptons style.

“The previous seller was very meticulous when they built it and wanted everything to fall in line with that original Hamptons home.”

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Aerial shot of 1 Royal Mews.

Built on a 1,090sq m point-position block, the estate has 28.7m of protected Broadwater frontage.

Spanning 1031sq m across three levels, the four-bedroom home features everything you would expect from a home in the Hamptons — soaring ceilings, bespoke detailing, oak timber, ornate panelling, and Carrara marble.

Other standout features include a media room, fireplace, library, dressing room, outdoor kitchen, heated pool, spa and pontoon.

The home from the street.

The kitchen, dining and living areas.

The median house sale price in Paradise Point, which includes Sovereign Islands, is $2m, up Up 5.3 per cent over 12 months.

The highest price paid for a property on the Sovereign Islands this year was $14.5m for a seven-bedroom, nine-bathroom house at 55 Knightsbridge Parade West.

The highest ever sale price on the Sovereign Islands is $20m for 7-13 King Arthurs Court — billionaire Clive Palmer bought the property in 2020.

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