No-expenses-spared Mermaid Beach property hits the market

Property developer Bruce Tilley has listed his Hedges Avenue, MermaidBeach house. It's a tall house on a narrow block. The Inarc Design house was finished in 2008 to specifications that it be a high-quality residence with rock-star quality, according to its listing in the architecture gallery on the Australian Institute of Architects website.

It was noted on completion that the client had a "no pockets in a shroud philosophy" and set the budget as required to enable the desired result.

Ross Spencer and Daniel Dziadyk worked on the project, which was built by Vitto Ulliana. The interiors were undertaken by Sue Hiscox, with Tony Dowthwaite responsible for its lighting.

The McGrath selling agent Rob London says it’s a landmark on the Gold Coast's premier beachfront street. He suggests the four-level residence blends powerful architecture with a sleek interior ambience from its dramatic black granite foyer inwards towards the beach level entertaining area with billiards and bar, along with eco fireplace in its beachfront lounge.

It comes with an opulent master bedroom with dressing room and spa ensuite and one king bedroom suite per level. Its oak flooring was recycled from a French chateau.

There's a basement six-car garage with turntable.

Tilley, who recently turned 60, is the managing director of the First State Group, which was founded in 1992 and mostly specialises in the construction of commercial, residential and industrial property.

Offers close July 11. The 405-square-metre block cost $1.4 million in 2000.