Soul, Surfers Paradise penthouse sells for $15.25 million
The $15.25 million sale of the luxury Soul penthouse in Surfers Paradise was under the hammer at auction on Friday afternoon
Jonathan ChancellorMay 30, 2021
There were five registered bidders when Tolemy Stevens from Harcourts Coastal Prestige put the luxury Soul penthouse in Surfers Paradise to auction on Friday afternoon.
Crowning the top four floors of the Soul building, the five bedroom apartment fetched $15.25 million.
The 1070 sqm space with BDA Architects design was offered by Andrew Koloadin who had paid $6.5m for the concrete shell when he bought it from Hong Kong tycoon Tony Fung in 2018.
There had been an initial off the plan $16.85m sale by Juniper Property Development to a Queensland businessman in 2006 but it didn’t proceed to settlement.
The $15.25 million sale settles in 30 days. It was a Queensland auction record for residential sale price under the auction hammer.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.