199 Monaco Street
Broadbeach Waters 4218

Set on a substantial block along Broadbeach Water's most prestigious street, this tightly-held family estate presents prime Main River frontage and untapped potential for those looking to create something extraordinary.

Spanning a private 1,796m² parcel with 28.1 metres of direct river frontage, this property offers exciting possibilities for buyers with the vision to renovate the existing home or start anew with a custom build. Additionally, there is the option to hold with income while you design and plan your dream home.

Owned by the same family for 23 years, the two-level house provides a solid and well-maintained foundation, with five bedrooms and multiple living areas inside and out. A modernised kitchen flows onto a secondary living area, while the main living and dining space opens onto a composite timber deck – the perfect platform for casual entertaining with sweeping views over a lagoon-style pool, pontoon, and Main River.

All five bedrooms are located on the ground level, including a master suite with direct access to the rear deck and tranquil river views. An upstairs sitting room adds versatility, providing a private retreat for reading, games, or study. A triple garage and a long gated driveway ensure three or more vehicles are safely stored away.

The Highlights:

- Prime 1,796m² parcel with an expansive 28.1m / 92ft Main River frontage

- Set back from Monaco Street with ample space for redevelopment

- Outdoor living includes a composite timber deck with frameless glass balustrade, a second outdoor sitting area, and a lagoon-style pool surrounded by tropical gardens and Astroturf

- Wide views of the river and mountains to the south

- Grand entry with super-high ceilings and terracotta tiles that extend across the ground floor

- Modernised kitchen with a 4-metre island bench, two Bosch ovens, Miele four-burner cooktop, Miele dishwasher, Smeg range hood, Samsung double door fridge with ice maker and sparkling water dispenser, double sink with extension hose, 2 Pac soft-close drawers, and butler's pantry

- Open-plan living and dining areas feature plantation shutters and built-in cabinetry, with direct access to a composite timber deck overlooking the river

- Second living area located in front of the kitchen with access to a covered outdoor area overlooking the pool and river, ideal for casual relaxation or entertaining

- Master bedroom suite with walk-in robes and ensuite featuring a freestanding bath, twin vanity with above-counter basins, soft-close cabinetry, and twin mirrors

- Three additional ground floor bedrooms, all with wool carpet, ceiling fans, split system air-conditioning, and ensuite bathrooms

- Fifth bedroom with built-in robe and tiled flooring, currently used as a home office

- Upstairs sitting room, perfect for a play, reading, or private retreat

- Laundry features built-in cupboards, 10kg washer and dryer, and direct access to the outdoor drying area

- Triple garage with electric doors, built-in storage, and a workshop area; additional off-street driveway parking

- Pontoon measuring 3.8m / 12.5ft

- Ducted air-conditioning; split systems in all bedrooms

- VacuMaid; linen storage

- Back-to-base security system; video intercom with coded electric gate

- Established tropical gardens and low-maintenance pool-side landscaping

Broadbeach Waters offers an enviable lifestyle, with the beach just moments away and a wealth of dining and shopping options at your doorstep. The suburb is known for its tranquil canals and lush parks, providing a peaceful retreat while still being close to the vibrant energy of Broadbeach. Excellent schools and easy access to major transport routes make it a popular choice for families and professionals alike.

Land parcels of this size and water frontage are a rare find on Monaco Street – be among the first to inspect with Michael Kollosche on 04111 888 15 or Marco De Vincentiis on 0433 112 260.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.