ONE family will vacation in style after splashing $3.25 million on a luxury beachfront apartment.
The four-bedroom residence in Palm Beach’s Temple building will serve as a holiday home for the buyers.
Kollosche agent Rob Lamb, who marketed the property with agency director Michael Kollosche, said the buyers were very specific about what they wanted.
“The buyers are using it just as a family holiday apartment,” he said.
“They wanted a beachfront apartment for the family to use for get-togethers.
“They were especially looking for a private, secure, residential-only environment.”
The contemporary apartment, which occupies the fourth floor of the Temple Palm Beach building at 1491 Gold Coast Highway, features stone and wood throughout while modern luxuries, including a CBUS home automation system, offer easy living.
An open kitchen, living and dining area forms the heart of the residence and flows seamlessly onto a large balcony overlooking the ocean.
It is the third apartment the Kollosche team has sold in the building alongside No. 2 and five.
A $3.35 million deal was notched for No. 2 in Temple Palm Beach late last year while No. 5 fetched $3.2 million in May.
Mr Lamb said there was strong demand for large, high-end apartments in boutique buildings on the Gold Coast at the moment.
He recently sold a large sub-penthouse in the Oracle tower at Broadbeach for $3.5 million and was in the process of penning another deal on a similar apartment further south.
He said people were “future-proofing” their apartments by buying bigger instead of settling for smaller options.