‘Tense’ auction at Qld riverfront mansion

315 Monaco St, Broadbeach Waters sold under the hammer for $10.6m.

A “tense” auction played out at a luxury riverfront property in southeast Queensland, with the estate selling under the hammer for a huge $10.6m.

A huge crowd and seven registered bidders turned out at the Gold Coast mansion that went to auction via Kollosche’s Michael Kollosche and Gypsea Youngsmith.

The attention to detail is meticulous.

Enjoy riverfront views all year round.

“It was a full house and it was very tense,” Ms Youngsmith said.

“The person who bought it made themselves very known on the auction floor, which helped scare off the competition.”

Bidding opened at $6m, before quickly jumping in $2m increments to $10m.

Three more bids and a local buyer secured the keys to the property at 315 Monaco St, Broadbeach Waters.

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The house from the street.

The kitchen.

Spanning two storeys, the residence known as Casa Tramonto Dorato features classic design elements including elegant archways, coffered ceilings, bespoke cabinetry, and timber flooring, all while embracing its waterfront position with a series of balconies and entertaining spaces overlooking the river.

The house is on a large 1770sq m block directly opposite Albert Park in popular Monaco St.

“The buyers were attracted to the privacy but also the location as it’s very convenient in the centre of Broadbeach Waters,” Ms Youngsmith said.

“Monaco St has the largest land parcels in Broadbeach Waters.

“There are just under 40 homes opposite the dog park along the riverfront and it provides a really beautiful lifestyle for homeowners.”

The covered alfresco area.

The dining room.

The home’s stately design is a far cry from what it looked like when sellers Brent and Jo Churchill purchased the property back in 2009.

“The original home was an old Spanish hacienda on a large block with lots of trees,” Mrs Churchill said.

“And it was the worst house on a great street.”

315 Monaco St, Broadbeach Waters.

The Churchills lived in the previous residence for seven years before calling in architect Jared Poole to build a dream home worthy of its prestigious location in 2016.

“We wanted a traditional large family home that kept a little of the Spanish influence so we retained the curves in a nod to the previous house, and we wanted to keep as many of the existing trees as possible,” Mrs Churchill said.

In prime position overlooking the river and swimming pool is the property’s centrepiece – a covered alfresco area complete with a pizza oven, outdoor kitchen, fans, blinds and heaters.

“The outdoor entertaining area is like having another room outside,” Mr Churchill said. “We’ll even sit out there when it’s raining with the blinds rolled down and the heaters on.”

Entertain in style.

Accented by two date palms that the Churchills brought into the property by boat, the yard offers a private oasis that’s ideal for relaxation and entertaining.

“We spend the whole time outside in the al fresco area, on the deck or sitting under the trees just watching the sunset,” Mrs Churchill said.

The most expensive property sold in Broadbeach Waters is 87-89 Monaco St, which traded for$16.5m earlier this year.

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