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Millionaires’ Row mansion sale among the biggest this year

187-191 Hedges Ave, Mermaid Beach.

A Mermaid Beach mansion has changed hands in an off market deal being touted as the “highest sold price that settles in 2020”, putting the sale in the vicinity of $20 million.

Nat King and Amir Mian of Amir Prestige Property Agents reported 187-191 Hedges Ave as “just sold” on social media over the weekend.

187-191 Hedges Ave, Mermaid Beach.

The somewhat cryptic post hints at the sale being somewhere in the same league as the $25 million deal done on 2 Heron Ave, Mermaid Beach in May – the highest on the Gold Coast so far this year.

The 1214 sqm Hedges Ave holding was last sold for $16.5 million by real estate king and racehorse owner David Henderson and his wife Rhonda in August 2017.

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187-191 Hedges Ave, Mermaid Beach.

The Hendersons built the house in 2010 after paying $4.5 million for the absolute beachfront block surrounded by parkland.

They first put it to market in August 2016 with an asking price of $19.75 million, later slashing that to $16.995m in a bid to revive the campaign.

187-191 Hedges Ave, Mermaid Beach.

The discount did the trick, with a cash offer from Austworld plumbing group’s Sam Raso and wife Rosa proving too good to refuse.

Designed by architect Paul Uhlmann, the three-storey mansion holds a commanding street presence across three blocks, featuring intricate hand laid stonework.

An internal lift provides access from the seven-car basement to multiple living areas and five bedrooms, with a sauna, cocktail bar, library and a gym among the luxury inclusions.

The post Millionaires’ Row mansion sale among the biggest this year appeared first on realestate.com.au.