"The perfect place to escape, exhale, and rejuvenate. A sleek yet soulful sanctuary."
Three years back, Mick Fanning threw what seemed to be an insane sum, three mill, on a joint off the beach and near the Coolangatta flight path in what is usually considered to be pretty down-at-heel Tugun.
The beach house at 5 Farrell Drive, Tugun, click if you want to examine more photos of it, backs onto a bird sanctuary, has an indoor skate ramp and a indoor-outdoor pool, and was a hot target for buyers in an already over-heated market when Mick Fanning bought it.
Three mill for a house a ten-minute walk from the beach and with big silver birds flying over it? Five years ago, you’d be stretched to catch a clueless interstate buyer willing to shovel a million bucks in its direction.
Oh but the times do change in the land of the great property bubble.
From the agent’s sale’s spiel,
This is it – the perfect place to escape, exhale, and rejuvenate. A sleek yet soulful sanctuary, it’s where you can disconnect from the chaos of daily life and reconnect with yourself and your family in privacy.
Tucked away on a 1269m2 block, a wildlife wonderland with turtles, swans, and pelicans awaits, complemented by 51m of creek frontage. Bathed in endless natural light, it invites you to relax in style or cook up a feast in the gourmet kitchen, complete with designer appliances. Enjoy this tranquil outlook everyday from an elevated alfresco deck, which seamlessly connects with an open-plan kitchen, living, and dining area indoors. Sit and gaze at the moonlight from your balcony while the kids enjoy the huge backyard. You would be lucky to ever find another flat 1269m2 block this close to the ocean, only made possible by a historical aquastiion from a neighbour of addition land.
North-facing and endlessly captivating, contemporary elegance and functionality seamlessly co-exist over one single level. Custom windows ensure the lush and leafy outlook is only ever a glance away too, while low-maintenance finishes, such as the imported kiln dried panels, equals more time for family and fun. You don’t have to go far either to indulge your playful side,with a fully functional indoor half pipe here.
Earlier today, PropTrack data revealed the house is currently the most viewed real estate listing in Queensland. And Fanning, who has ten million bucks worth of real estate on the southern GC, is hoping to ride what might be the last wave of the boom and slice off a two-mill profit, less capital gains tax, stamp duty, realtor fees and so on.