A Sunshine Coast mansion has obliterated the Queensland property price record after it sold for $34 million in a deal shrouded in secrecy.
The colossal coastal home, on a 2015-square-metre block at 17 Webb Road, Sunshine Beach, is the first house outside the Gold Coast or Brisbane to claim the state’s highest sale title, knocking two palatial palaces in Mermaid Beach off the throne.
According to Domain and Pricefinder data, the previous records were held by 2 Heron Avenue – which sold in February this year for $25 million – and the nearby 45-51 Albatross Avenue, which also fetched $25 million in 2016.
The record has also blown Brisbane’s highest house sale of $18.48 million out of the water, which was achieved for 1 Leopold Street, Kangaroo Point, in March 2017.
Mere metres from the sand on a battle-axe block and featuring crisp white exteriors ensconced in lush greenery, the sprawling Sunshine Beach estate, dubbed “Webb House”, has set a precedent for the suburb’s prestige sector. Here, large sales have become par for the course.
In the sun-drenched pocket – right next to Noosa – median house prices have shot up by 95 per cent over the past five years to $1,802,500, according to Domain’s latest House Price Report.
The report also revealed the Sunshine Coast was one of the state’s top property performers over the past year.
Although the Sunshine Coast and its top-performing suburbs have long attracted cashed-up buyers (including former tennis star Pat Rafter, who sold his Sunshine Beach mansion for $17 million last year) property experts have attributed the Sunshine Coast’s booming prestige market to record-high levels of interstate migration fuelled by the COVID pandemic.
The Webb Street home is one of a handful of palaces dotted along the sandy strip and is a picture of sophistication after Peter Conley, of PCA Architects, and Damien Davidson Builders performed an extreme makeover that the owners described in a testimonial on the building company website as their most ambitious.
The owners, Margie and Murray Charlton, reportedly had the property renovated from a holiday house that had just four bedrooms.
“Webb House” is believed to have been sold by Noosa prestige property specialist Tom Offermann, of Tom Offermann Real Estate, who declined to comment on any aspect of the sale.
Domain records reveal the land value for 17 Webb Road was estimated to be $4.8 million in 2019.
The mansion is understood to be Mr Offermann’s second record-setting transaction in just a few years, after he collected a then unprecedented $22 million for the nearby 21-23 Webb Road in 2018.
Mr Offermann also sold the nearby 2 Belmore Terrace, Sunshine Beach, for $14 million at the end of 2018, which was rumoured to have transacted again for $22 million.
Article Source: www.domain.com.au