A two-level penthouse in Mermaid Beach featuring an expansive private rooftop has sold off-market, in one of the highest-value sales recorded in the area this year.

The 677sqm penthouse, Kalea, at 91 Seagull Avenue, was listed with agency COMPANY RE and sold privately without ever hitting the open market.

The penthouse comprises two full floors atop the four-level Kalea building, situated just 150 metres from Mermaid Beach and the Gold Coast’s exclusive Hedges Avenue strip. Designed by BDA Architecture and built by Linkbuild, the project was developed with a focus on space, privacy and ultra-luxe, high-end finishes for owner-occupiers.

The residence includes three oversized bedrooms, a fourth bedroom or guest retreat, three and a half bathrooms and multiple living spaces, including a private media room with acoustic treatment. The master suite features a custom walk-in robe and a large ensuite.

Source: COMPANY RE

Accessed via a private elevator, the home includes a mudroom with surfboard storage, a walk-in luggage room and a dedicated scullery alongside the designer kitchen, which features integrated European appliances, brushed brass tapware and a built-in wine bar. A large east-facing balcony with BBQ facilities connects the indoor living to the outdoors.

The highlight of the property is the expansive private rooftop, offering 360-degree views across the coastline and hinterland. It includes a full outdoor kitchen and is designed for large-scale entertaining.

The property also comes with three secure car spaces, a storage cage and a separate private storage room.

COMPANY RE Chair, Bruce Cook told LUXURY LIST WEEKEND, demand for large, prestige apartment style properties remains strong across the Gold Coast and the deal underscores COMPANY RE’s position as a leading agency for luxury off-market sales and prestige property listings.

Source: COMPANY RE

“Buyers at this level are looking for lifestyle, low maintenance and quality. They don’t want to compromise on any of those,” Mr Cook said.

“This sale shows that even off-market, the appetite for premium coastal assets is there when the property delivers on location, design and privacy, which this one does.”

He added that the Kalea is within walking distance of BSKT Café, Mermaid Beach Surf Club and The Oxley, with Pacific Fair, Broadbeach and Surfers Paradise just minutes away.

This sale further confirms Mermaid Beach’s position as one of the most tightly held and in-demand lifestyle suburbs on the Gold Coast.

Source: COMPANY RE