Melbourne buyers snap up Gold Coast mansion for $3.8 million

first_img50 Royal Albert Cres, Sovereign Islands sold for $3.8 million.A FAMILY from Melbourne will soon call the Gold Coast home after spending $3.8 million on a palatial Sovereign Islands mansion.The property at 50 Royal Albert Cres is on a 720sq m block with 22.5m of water frontage.Prestige Property Agents, Paradise Point agent Ivy Wu said the residence was less than a year old.“The buyers loved the position and the views from the property as well as the style of the home,” she said.“It’s a very contemporary home.”50 Royal Albert Cres, Sovereign Islands.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North11 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThe five-bedroom four-bathroom home has an open-plan living area with black-lit fireplace as well as a theatre room with LED lighting.There is also a large outdoor entertainment areas with a built-in barbecue.The property last changed hands in 2013.Ms Wu said Sovereign Islands remained popular with interstate buyers.50 Royal Albert Cres, Sovereign Islands. 50 Royal Albert Cres, Sovereign Islands.last_img