Gold Coast mansion with a $12 million price tag

first_imgStairway to heaven. The home has been extensively renovated.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours ago02:37International architect Desmond Brooks selling luxury beach villa22 hours agoAfter living in the house for a year, she realised, “it would have been a sin to knock it down”.“It’s a beautifully built, solid, strong home. I couldn’t recreate it and still have that feel.”Instead, the house was extensively renovated, to open up the property along its entire 70m length of water frontage.The result is luxury resort-style, with huge bedrooms, a decadent master suite, high ceilings and expansive entertaining areas on a sprawling 2703sq m riverfront block. Surf’s up! “We gravitated from tinnies and canoes to bigger toys, jetskis and fishing boats as the children grew up,” Ms Smith said. The mother of two is selling to downsize, but said she hopes to replicate some features of the property at her next house. The view from the lounge.Property records show the palatial waterfront house at 8-10 Marseille St, Sorrento was bought by investor Robyn Smith in 2007 for $6.2 million. It’s now listed for $11.95 million.It’s a $2 million drop from earlier this year, when it was on the market with a different agency for $13.98 million.The highest sale in Sorrento was $7.22 million for a 7 bedroom mansion on the same street in 2014. 8-10 Marseille Court, Sorrento has hit the market for $11.95 million.A GOLD Coast mansion has hit the market with a $12 million price tag, nearly double its last selling price after extensive renovations. Dive in to the tropical pool setting. Mr Kollosche has compared the mansion to properties in tightly-held Monaco St in Broadbeach, known for its multi million dollar mega mansions and high profile owners.“It is comparable in size and offering to some of the best homes on Monaco St,” he said.“The Sorrento market in the past few months along with its neighbouring suburbs at Isle of Capri and Broadbeach Waters has become increasingly popular and the sales recorded have been strong”. From the air it’s a sight to behold. But three years later, Ms Smith said the timing was right to sell.“I initially thought the house was too big for us, I was going to knock it down and build something smaller,” Ms Smith said. The entire 70m of water frontage has been renovated.The design also catered for Ms Smith’s two children. Features include a full-scale surfer mural adorning a bedroom wall, and there’s a tennis court, lap pool, diving board and pontoon. One of the bedrooms at the multimillion-dollar mansion. “It’s been the perfect home for entertaining. We’ve had picnics on the beach. It caters for holidays with families, or having friends over for cocktails. Then there’s the music room with the baby grand.”Michael Kollosche of Kollosche Prestige Agents is marketing the property.“There are few homes in Sorrento of this calibre, and homes of this size and quality do not come to market often,” he said. The pool makes a splash on the sprawling riverfront block.last_img read more

‘Zenith Aiming to Discover Future Eagles’

first_imgZenith Bank is working hard to stage a befitting maiden edition of the future Eagles football championship.The zonal events of the Under-13 and Under-15 football fiesta have been concluded while the final is scheduled to take place next month in Lagos.The Managing Director and Chief Executive Officer of Zenith Bank Plc, Peter Amangbo, is delighted over the recent partnership agreement with the Nigeria Football Federation (NFF) on talent hunt competition. Amangbo said Zenith Bank was always committed to helping people attain their dreams in their chosen fields.The Zenith Bank CEO said: “I recall that the Principal’s Cup competition and the various youth football events were always glorious in the past. The country was able to raise good players then and we are happy to be working with the NFF for the revival of such competitions.”NFF’s Board Member, Ahmed Fresh, said the competition was part of the key events the Amaju Pinick-led board would use to raise quality talents all over the country.“We know how important this championship is to the present NFF administration and we will spare no effort to organize a successful competition,” Fresh said.The finals of the inaugural NFF/Zenith Bank Future Eagles Championship will take place every year to develop Under-13 and Under-15 national football teams.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more