Gold Coast property at a grand price tag

PUBLISHED : Wednesday, 23 June, 1993, 12:00am
UPDATED : Wednesday, 23 June, 1993, 12:00am

WHEN a new penthouse on Queensland's Gold Coast was sold to an unidentified Hongkong buyer earlier this month, the A$3.685 million (HK$19.5 million) price left its sister property as the most expensive penthouse on the market.

Both properties were developed by Kuji Pty Ltd, a joint-venture company between the Australian subsidiaries of two of Japan's largest companies, Orient Corp and Mitsui Corp.

The second, unfurnished penthouse is listed at A$3.65 million.

Situated in the prestigious Grand Mariner at Paradise Waters, near the centre of the Gold Coast tourist strip, Surfers Paradise, south of Brisbane, the penthouse is on the 41st to 43rd floors.

The complex features a health and fitness centre spread over two levels, equipped with everything conceivable for a workout.

There is a large spa, sauna and a steam room, plus a plunge pool and heated swimming pool.

On the grounds are rain forest walks, a 2,000-square-metre swimming lagoon complete with its own cavern island, bar, spa, waterfalls and private beaches.

The 1.7 hectares of landscaping includes pathways, lawns and lush vegetation. There are also two tennis courts, a putting green with sand bunkers, barbecue and private sun tanning areas.

A 38-berth private marina is located at the head to Paradise Waters, with boating access to Broadwater.

Entry to the grounds is through a manned gate house with security cameras, connected to all apartments and penthouses.

All lifts have security-coded card keys and all the doors, including the main entrance, are electrically locked at night.

A resident manager is based on the ground floor and there are emergency assistance buttons, plus fire detection and extinguishing systems.

Over two levels inside the two-storey lobby and entry are a club lounge and piano bar, each with large windows looking out to the terraces and gardens.

The penthouse has three bedrooms, each with an en suite and walk-in robes.

The master bedroom, with a six-metre-long dressing room, is set into the angled glassed brick prow that cantilevers out from the tower and forms the architectural signature of Grand Mariner.

The kitchen, with over eight metres of work surface, has a walk-in pantry, two full-size wall ovens and Bosch appliances, a Nu-Tone food processor, space for a double refrigerator and Grohe tapware.

Tiled terraces, with expansive coastal and mountain views, open from the family, dining, living room and downstairs study. From the master bedroom, indoor pool and solarium, the terrace is covered and has a barbecue/bar bench.

The penthouse is fully air-conditioned.