Capital Luxury Residences (CLR) has made waves in the Gold Coast prestige property scene with the groundbreaking sale of its latest masterpiece, Armorel with a cash-offer being received from a Chinese businessman prior to going to auction.
Nestled in the sought-after waterfront locale of Mermaid Waters, this six-bedroom, 7.5-bathroom mansion has smashed records, fetching an astonishing $7.7 million in a landmark record sale for the area, eclipsing the previous sale of $7.3 million. The mansion was also sold fully furnished with Italian luxury Minotti furniture custom-designed for the property, imported from Italy.
Armorel, CLR’s newest creation, not only clinched accolades for its architectural distinction but also secured the title of Best Waterfront Housing Development in Australia at the prestigious Asian Property Awards, positioning it as a frontrunner in the Asia Pacific Region.
Designed by CLR’s visionary Design Director, Alissa Birch, Armorel epitomises luxury with its sprawling 1000sqm expanse and strategic positioning to capture the breathtaking views of the Gold Coast skyline. Boasting a generous 30-metre river frontage onto an open canal along with its own private beach, this palatial residence offers a lifestyle of unparalleled opulence.
Alissa Birch, also CEO of CLR, describes Armorel as a testament to their commitment to redefining luxury living in southeast Queensland. “Our vision with Armorel was to introduce an internationally inspired standard of luxury to the Gold Coast, and the response has been phenomenal,” she remarked.
The property’s U-shaped floorplan seamlessly integrates indoor and outdoor living, providing panoramic views of the river and skyline from every angle. From the striking black and white spiral staircase to the meticulous selection of premium finishes, every detail of Armorel exudes sophistication and elegance.
With this record-breaking sale, Armorel has not only elevated the Gold Coast’s luxury property market but has also cemented CLR’s reputation as a trailblazer in the prestige property space in south-east Queensland. As demand for premium real estate continues to soar, Armorel stands as a testament to the enduring allure of waterfront living on the Gold Coast.
Responsible for the sale of the property, Brad Coyne and Taylor Kleinberg of Kollosche said the residence was the most viewed house for sale in Australia garnering over 1 million views via social media, and 40,000 online views via realestate.com.au and Domain. The sales team walked through over 390 interested parties in just two weeks, he confirmed.
“The property received overwhelming interest mostly from interstate and international purchasers, eventually selling to a Chinese businessman for a record $7.7 million who plans to use it as his family holiday home when on the Gold Coast,” Mr Coyne said.
“The Mermaid Waters prestige housing market is off the charts hot at the moment. It also shows the return of Chinese buyers to the market with a huge amount of interest coming out of China,” he said.
For further information visit clrgroup.com.au
