Yacht Street, Southport trophy home sold for $7 million

Yacht Street, Southport trophy home sold for $7 million
Yacht Street, Southport trophy home sold for $7 million

A luxury Hamptons inspired waterfront at Southport has sold under the hammer for $7 million, a year after it was first listed.

Built in 2014 with a no expense spared budget, the Hamptons style home has American Oak and limestone finishes.

At the end of a Cypress-lined driveway is the 840 sqm home, set on the Main River with a 20 metre stretch of sandy coastline.

It has five bedrooms, five bathrooms, a pillared formal lounge and formal dining and temperature-controlled wine cellar.

The second level master suite has its own wing with reading room, dressing room, ensuite and river facing private balcony.

Yacht Street, Southport trophy home sold for  million

By the river is a covered alfresco with built in barbecue, a swimming pool and a floating pontoon, able to accomodate a 20 metre watercraft.

Ray White Prestige agent Jackson Paradise secured the sale at auction where bidding began at $4 million.

Yacht Street, Southport trophy home sold for  million

When the home was listed in March 2018 it had $9.5 million hopes with Michael Kollosche Prestige.

The home is asking offers over $9.5 million, a price not seen in the suburb north of Main Beach since 2013.

That was when Alston, the European-style riverfront built by bankrupt developer Graham Spottiwood, sold for a suburb record $9.8 million. 

 

 

 

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Southport Trophy Sale

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