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Record $30m penthouse sale highlights Queensland’s stark housing divide

The Sydney Morning Herald·Cameron Atfield·23 days ago
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A beachfront penthouse on the Gold Coast has smashed Queensland’s off-the-plan apartment price record, selling for $30 million as the state’s prestige property market continues to defy broader cost-of-living pressures. Developer Mayd announced the sale of the double-storey residence atop the One Burleigh development at Burleigh Heads on Monday, eclipsing the previous $24 million benchmark set in 2023 . Spanning levels 18 and 19, the apartment will include 525 square metres of internal space and 237 square metres of outdoor area, including a rooftop terrace with an infinity pool, bringing the total to 762 square metres. The level-19 penthouse at One Burleigh has sold for a Queensland record of $32.5 million. MAS Architecture PRD Burleigh Heads selling agent Freddie Tehle said the buyer had surveyed the south-east Queensland market extensively before committing $32.5 million to the penthouse.…

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