Ultra penthouse on Gold Coast sold for $6,250,000

Ultra penthouse on Gold Coast sold for $6,250,000
Title TattleDecember 7, 2020

Rob Astbury of Ray White has sold the Ultra penthouse for $6,250,000 on the Gold Coast. 

Originally two separate apartments, they were converted into one luxurious 938 square metre two level apartment.

The top floor cost $3.5 million in 2005 then a $3 million purchase in 2009.

The property, marketed for the past 18 months, sold to the Melbourne businessman who has decided to spend more time with his family at Broadbeach. 

Nabil Grege, who earlier this year sold his Hedges Ave mansion for more than $11 million, secured the apartment that was initially marketed at offers over $10 million before the price dropped to $7.99 million in 2015.

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