GOLD Coast Mayor Tom Tate and his wife Ruth are selling their luxurious waterfront home in one of the city’s most prestigious pockets.
Occupying a point position overlooking the widest expanse of water in exclusive Paradise Waters, the five-bedroom residence is going to auction following the Tates’ recent move to Bundall.
Councillor Tate said the couple had decided to move closer to council’s Evandale headquarters following the sale of his Islander Resort business in Surfers Paradise.
“It is now less important for us to have easy access to Surfers Paradise and buying our new home in Bundall puts me within walking distance of the council chambers,” he said.
Selling agent Matt Gates, of Ray White Prestige, part of the Ray White Surfers Paradise Group, said the property at 34 Midshipman Court arguably had the best position in Paradise Waters.
“This property has a sought after aspect, spectacular wide views across the Nerang River to TSS, and a large water frontage,” he said.
“The large pontoon and boat ramp completes the package for a boating enthusiast.” he said.
Cr Tate said there were the features that attracted the couple to the property in 2011.
“My favourite feature of the property is the uninterrupted views and actually the outside area,” he said.
“There’s nothing better than enjoying the outdoor entertaining areas and the view, especially when my boat was moored at the pontoon.
“And there is such easy access to all of the city’s waterways from here.”
Mr Gates said the stately residence could comfortably be lived in as is, renovated or rebuilt.
Improvements made during the past five years include kitchen appliance upgrades and the installation of an eight-person spa on the waterside terrace
Mr Tate said a major renovation of the property had been on the cards before the couple decided to move to Bundall.
He said the Paradise Waters location had been ideal and enjoyable for his family.
“We have wonderful family memories of our time in Midshipman,” he said.
“The home and the views are outstanding, and we often walked the dog to the park around the corner and played touch footy as a family.
“We love the easy access to McIntosh Island Park and the beaches – the location of Paradise Waters really is second to none.”
Boasting 40m of water and beach frontage, the 1206sqm landscaped property features plenty of outdoor living options including alfresco entertainment space, a barbecue area and a resort-style swimming pool.
Inside are formal and informal open-plan living areas, five bedrooms – two of which have ensuites, large dual studies, and a security system.
The property has a north-westerly orientation and provides off-street parking for four cars.
It is listed for auction at 11am on September 11, 2016 onsite.
RWSP CEO Andrew Bell said the property, located in the Gold Coast’s premier residential pocket, came to the market as the prestige sector was experiencing a spike in activity.
“We have seen strong prices and auction results being achieved,” he said.