Inside High-rise Harry’s all-in bid to sell penthouse

He’s built more high-rise apartments than anyone in Australia — now Meriton boss Harry Triguboff is pulling out all stops to sell the one closest to his heart.

The billionaire developer known as “High-rise Harry” is taking his Main Beach penthouse to auction almost a year after first listing it in November, following the death of his wife Rhonda.

It was a treasured holiday home for the couple, but failed to secure a buyer, despite Mr Triguboff dropping his original $12m asking price.

The sprawling sky home crowning the Silverpoint tower on Main Beach Pde will go under the hammer on October 11, marketed by Ray White Main Beach agent Robbie Graham.

“After 35 years in the same family, this one-owner property is now ready for a new owner,” according to Mr Graham’s listing.

“The seller’s instructions are clear — it must be sold.”

Favourable vendor finance terms of up to two years would also be offered as a sweetener.

Mr Triguboff, 92, had not returned to his Gold Coast holiday apartment since losing Rhonda in 2024.

“I wasn’t sure what I wanted to do going forward,” he said.

“While I was open to suggestions, my family and I decided that after 35 wonderful years of Silverpoint being our Gold Coast holiday home, it’s time to pass the property on to new ownership.”

With more than 80,000 apartment sales over his celebrated career, Mr Triguboff put the marks of a great building down to location, quality of construction, and design — Silverpoint represented the best of all three, he said.

The four-bedroom, five-bathroom penthouse spans 918 sqm, with wide wraparound balconies, a private lift lobby, and one of the largest enclosed rooftop pools and entertaining terraces in the city, Mr Graham said.

“From every room, uninterrupted ocean and Broadwater views create a rare beachside setting that can never be built out.

“What makes this offering particularly exciting is that while the penthouse enjoys all the hallmarks of an outstanding residence, much of it remains in original condition.

“It is very comfortable as is, yet also provides the perfect opportunity for a buyer to add value and put their own personal stamp on it through renovation.”

Meriton’s Gold Coast projects now under construction include Cypress Palms and Iconica, both in Surfers Paradise.

PropTrack data shows Main Beach apartment prices were steady from a year ago, at a median of $1.44m.

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