A luxurious penthouse located in Main Beach, Gold Coast, is now on the market, with an asking price of $10 million. This two-storey property belongs to Australian real estate magnate Harry Triguboff, who is known for his significant contributions to the residential property sector.
The penthouse features expansive views of the coastline and is designed with modern amenities that cater to high-end living. Spanning over several hundred square meters, it offers multiple bedrooms, spacious living areas, and outdoor terraces ideal for entertaining. The property is situated in a prime location, known for its vibrant community and proximity to local attractions.
High-End Market Trends in Gold Coast
The listing of Triguboff’s penthouse comes at a time when the Gold Coast real estate market is experiencing notable activity. According to recent data from CoreLogic, property prices in the area have seen a steady increase, driven by demand for premium residences. The region’s appeal lies in its combination of lifestyle and investment opportunities, attracting buyers both locally and internationally.
As one of Australia’s wealthiest individuals, Triguboff is also the founder of the Meriton Group, which has developed thousands of apartments across the country. His decision to sell this penthouse may signal a strategic move to capitalize on the current market conditions. Real estate analysts suggest that properties of this caliber often attract attention from high-net-worth individuals looking for second homes or investment opportunities.
Impact on Local Real Estate
The asking price of $10 million sets a significant benchmark for future listings in the Gold Coast area. The sale of such a high-profile property could potentially influence market trends, encouraging more luxury developments and investments in the region. Industry experts anticipate that this listing may also inspire other affluent property owners to consider selling or upgrading their homes.
In a statement, Triguboff emphasized the value of high-quality real estate in today’s market. “Properties like this one are not just homes; they represent a lifestyle choice and a solid investment for the future,” he noted.
As the Gold Coast continues to evolve as a desirable location for upscale living, Triguboff’s penthouse serves as a prominent example of the opportunities available in this vibrant property market.
