<a href="https://www.apartments.com.au/developments/collingwood-vic-3066">Collingwood</a>’s northern edge continues to sharpen its reputation as one of Melbourne’s most compelling cultural precincts, where established creative institutions, leading hospitality, and independent fashion converge within a tightly held inner-city neighbourhood.

Set within this evolving pocket, <a href="https://www.apartments.com.au/new-apartments/derby-street-by-milieu-collingwood-4-derby-street-collingwood-vic-3066">Derby Street by Milieu</a> draws on a location that balances proximity to some of the inner north’s most influential destinations with the quieter, tree-lined character that defines the streets edging East Melbourne. Positioned just moments from both Smith and Gertrude Streets, the address sits on the periphery of Collingwood’s cultural core, offering immediate access without the intensity of its busiest frontages.&nbsp;

[smartcode_project:default project_id=145576 project_image_fid=355945]

Gertrude Street, in particular, anchors the area’s identity as a destination for Melbourne’s leading food, art and fashion. Within a short walk, venues such as Marion, Cutler &amp; Co, IDES and the Builders Arms Hotel define a tightly curated dining scene with enduring citywide appeal, complemented by a strong fashion and retail presence including Havn, Le Labo and a selection of independent boutiques.

Nearby, institutions such as the Australian Print Workshop and Collingwood Yards sustain a constant rhythm of exhibitions, performances and creative output, embedding art and culture into the everyday fabric of the neighbourhood.

Smith Street, running parallel, extends this offering with a broader mix of hospitality and nightlife, maintaining its status as one of Melbourne’s most active inner-urban strips.

Beyond these high-energy streets, the immediate surrounds shift in tone. Derby Street and its neighbouring blocks are defined by low-rise heritage terraces, mature trees and a settled residential character. Fitzroy Gardens and Carlton Gardens are both within walking distance, alongside the Royal Exhibition Building and Melbourne Museum, bringing together green space and cultural landmarks within minutes of home.

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Connectivity remains a key advantage. The CBD sits within easy reach, accessible by tram along Smith Street in around 20 minutes, while also remaining close enough to walk or cycle, supported by the inner north’s established bike network.&nbsp;

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s long-standing connection to Collingwood underpins the project’s approach. With a portfolio that includes multiple nearby developments across Bedford, Peel and Napier Streets, the developer brings a sustained understanding of the area’s character and evolution. Derby Street continues this trajectory as a collaboration with award-winning Melbourne-based <a href="https://www.apartments.com.au/architects/studio-bright">Studio Bright</a>, marking the practice’s first multi-residential project in the inner north and reflecting a shared focus on design integrity and contextual response.&nbsp;

Balancing connection to the neighbourhood with a sense of seclusion and refuge, Derby Street by Milieu embodies a level of care and craft typically reserved for single residential projects. Comprising 22 residences across six storeys, with two to four-bedroom configurations priced from $1.15 million, the project is currently under construction with completion expected in late 2027.&nbsp;

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Joel Robinson

Derby Street by Milieu, at the top end of Collingwood

A rare new apartment development in the Blue Mountains is the latest in a string of State Significant Development Applications submitted through the New South Wales Government's Housing Delivery Authority.

A total of 270 apartments are being proposed for the 1.16-hectare site at <a href="https://www.apartments.com.au/new-apartments/blue-mountains-alpine-retreat-142-150-narrow-neck-road-katoomba-nsw-2780">142–150 Narrow Neck Road in Katoomba</a>, a parcel of land adjoining the former Katoomba Golf Course. The site was acquired for $3.85 million in 2021 by private developer VDM Prime.

The apartments, comprising a mix of serviced apartments, affordable housing, and traditional build-to-sell product, will be spread across eight low-rise buildings, along with a separate building for a new restaurant, arranged around a green spine that leads to a central park.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="ee9a2072-f465-44f1-9076-80c9c8ecca02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.20.21%E2%80%AFAM.png?VersionId=4bT0vQ7j_syl65wcrJmHGm3m5pTvwrY_" />

The Urban Design Report by Atlas Urban says the vision is to create a "contemporary mountain precinct that is responsive to its escarpment landscape, heritage character, and community context."

"The development responds to the current housing supply and affordability challenges identified under the NSW Housing Delivery Authority (HDA), providing a balanced mix of standard, affordable, and short-stay accommodation," the report noted.

"By introducing a variety of dwelling types and tenures, the proposal supports intergenerational living, local workforce retention, and greater housing choice within an area constrained by topography, heritage, and environmental protections."

Of the 270 units proposed, 52 will be serviced apartments. The remainder will comprise 54 studios, 121 one-bedroom units, 39 two-bedroom apartments, and four three- to four-bedroom residences.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="f704508d-1bdf-4170-955d-0256652402a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.56.49%E2%80%AFAM.png?VersionId=TzarHMO4gTOsblCqsbJQkvMqWj9nu2Au" />

The Design Report, by VDM Prime and appointed architect Antoniades Architects, noted that the design seeks to "provide a built form outcome that is highly considered, respectful and contextually fitting, whilst contributing positively to an evolving precinct."

"The site offers three frontages and the opportunity to provide a meaningful interface with the public domain environment. the design has a sympathetic response to streetscape and the green open space that surrounds the site."

The report states that the buildings are broken up to establish an appropriate bulk and scale, emphasised through height and setback strategies and defined through articulation that supports the transition of precinct granularity. It also notes that a central communal open space is established through the site to enhance the social dynamic and access to amenity, including natural ventilation and light to the apartments. The east and west frontages receive solar access during the morning and afternoon, whilst maximising views to the green open space.

The site adjoins the recently completed Yarrabee Katoomba development, comprising 24 duplexes that were completed last year and sold through McGrath Projects.

The relatively new Housing Delivery Authority pathway established by the NSW Government allows developers to submit State Significant Development Applications through a fast-tracked state process, effectively reducing reliance on local council approval pathways and aiming to accelerate housing delivery across New South Wales.

First look: Nearly 300 apartments pitched on former Katoomba golf course site

In Melbourne’s established inner east, the qualities that define a traditional house, width, height, and access to open ground, are increasingly difficult to replicate in new residential developments. Larger landholdings are scarce, and with them, the ability to create apartments that extend beyond compact, internalised layouts.&nbsp;

In <a href="https://www.apartments.com.au/developments/kew-vic-3101">Kew</a>, where the residential fabric is shaped by generous setbacks and mature tree canopies, that tension is especially visible.

<a href="https://www.apartments.com.au/developers/ricdanic-investments-pty-ltd">Ricdanic</a>&nbsp;is bringing forward a boutique collection of just 13 residences across two buildings at 9–11 Wimba Avenue, Kew. Comprising six homes at No.9 and seven at No.11, the project sits on a quiet, tree-lined street just off Cotham Road.&nbsp;

Each apartment has been planned with a level of independence more commonly associated with standalone dwellings, balancing privacy with the efficiencies of apartment living.

Architect Chris Idle, who has been practising for over two decades, says projects like this don’t come along often.

“There are very few opportunities to do these kinds of developments in leafy, established suburbs,” he explains. “To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare.”

[smartcode_project:default project_id=140755 project_image_fid=366267]

The internal planning begins with width. Living areas extend beyond five metres, allowing furniture, circulation, and glazing to sit comfortably within the same zone without compression. Ceiling heights shift from three metres through to five metres in select areas, changing the sense of scale as you move through the apartment. These proportions are paired with double-glazed windows and fully electric systems, balancing volume with performance, supported by a 7.2 NatHERS energy rating.&nbsp;

From the main living space, the apartments open directly outward. Large sliding doors connect to private gardens averaging 125 square metres, with some residences also incorporating balconies of around 60 square metres. Rather than acting as secondary outdoor zones, these areas sit flush with the internal floor level, extending the usable footprint of the home and allowing for multiple modes of use, whether for quiet daily routines or larger gatherings.&nbsp;

The landscape, led by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, reinforces this relationship. Across the site, 23 different plant species have been introduced, including a mix of native and established varieties, arranged to maintain privacy while preserving sightlines and light access. Gardens are not treated as decorative buffers but as functional extensions of the apartments, shaped to accommodate movement, seating, and informal use over time.&nbsp;

[smartcode_project:default project_id=140755 project_image_fid=366265]

Architecturally, the project draws from Kew’s historic residential language. Handmade bricks by Krause define the exterior, grounding the buildings within the material palette of the suburb, while interior finishes, stone, timber flooring, and restrained detailing, continue this approach internally. Architect Chris Idle describes the intent as long-term rather than stylistic: “We wanted it to feel timeless.”&nbsp;

This emphasis on durability extends to how the buildings are accessed and secured. Entry is managed through keyless systems, with a double-gated basement incorporating number plate recognition for vehicle access. Each residence is paired with a private lock-up garage accommodating two to three cars, alongside storage, while all entry points are monitored continuously. These measures sit alongside EV readiness and fully electric infrastructure, aligning the project’s operational systems with its long-term design outlook.&nbsp;

The setting remains central to how the development is experienced. Located within walking distance of Kew Junction and close to established schools including Carey Grammar and Xavier College, the address benefits from existing infrastructure while maintaining a residential quietness that is increasingly difficult to find at this scale.&nbsp;

Construction is being delivered by <a href="https://www.apartments.com.au/builders/sinjen">Sinjen</a>, with a 10-year structural guarantee, with completion targeted for mid-2027.

[smartcode_project_cta:default project_id=140755]

Inside Wimba Ave, Kew’s garden-scale residences designed for space and permanence

High-end Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has secured approval for one of its latest Mosman projects, one of the first developments approved by Mosman Council under the NSW Government’s Low and Mid-Rise Housing Policy.

The approval represents an important step in delivering well-considered housing next to established village locations on Sydney’s Lower North Shore, in line with the intent of the Low and Mid-Rise zoning framework. 
&nbsp; 
There are currently 13 other sites lodged within Mosman Council under the policy, with <a href="https://www.apartments.com.au/new-apartments/27-29-heydon-street-mosman-nsw-2088">Heydon Street</a> among the first to receive development consent. 
&nbsp; 
Abadeen Founder and Executive Chairman Justin Brown said the project reflects a considered and appropriate response to its planning context. 
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“This approval demonstrates how carefully considered, design-led development can align with the objectives of the Low and Mid-Rise Housing Policy," Brown said.

"The scheme has been designed to respond sensitively to its village setting, with a built form, scale and level of amenity appropriate to its local context. The determination reflects a balanced and considered planning outcome, with Council recognising the capacity for this site to accommodate additional housing within a well-located and established precinct.”

<img alt="Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman" data-entity-type="file" data-entity-uuid="92811ce3-02e8-44fc-996e-c61ae039bd3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Heydon%20Street%20Aerial.jpg?VersionId=ZHJVuWQT64QcdrFJx963pFWFzTX7lI2I" />

The Heydon Street approval followed extensive consultation with Mosman Council, with Abadeen working closely with Council throughout the assessment process.

The approved scheme comprises 27 residences, with only four per floor, creating a low-density living environment. The building will include four half-floor penthouses designed to capture views across Middle Harbour, Sydney Harbour and the surrounding district.&nbsp;

The project is expected to appeal to downsizers and owner-occupiers seeking house-like proportions, privacy and local convenience. There will be north-facing Middle Harbour views from the second level upward. It is also just a flat 100-metre walk to Bridgepoint Shopping Centre, which will appeal to owner-occupiers and in particular downsizers.

Two-bedroom residences are expected to be priced from $1.99 million when sales launch later this year. 
&nbsp; 
Joe Tack, CEO at Abadeen, said the outcome reflects both the quality of the site and the broader need for well-located housing. 
&nbsp; 
“This is a highly considered site within a highly established local setting, offering elevated views and strong connectivity. The project has been designed to respond to that context, delivering a scale and quality of housing aligned with both the planning framework and evolving market demand.” 
&nbsp; 
“This approval is particularly significant in the context of Mosman, where new housing supply has historically been limited. While it represents the first approval of this scale in Mosman to be achieved in over 50 years, it is importantly located within a well-established residential location, in close proximity to the established commercial amenity of Spit Road and Mosman Village. It reflects strong confidence in Abadeen’s approach to design, delivery and community integration, while contributing to the delivery of much-needed housing in a highly constrained market.”

Abadeen has an established track record across Sydney’s Lower North Shore, with recent completions including KOYO in Crows Nest and ENSO in Neutral Bay.

In Mosman, Abadeen recently completed The Hampden, with Mosman Residences on the corner of Spit Road and Clifford Street scheduled for completion later this year. Construction has also commenced at Burran Residences, comprising three full-floor ultra-premium homes positioned just 50 metres from Balmoral Beach, with residences expected to achieve prices in excess of $20 million. Two further projects are also progressing through planning within the local government area.

Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman apartment development

Apartment developer <a href="https://www.apartments.com.au/developers/martello">Martello™</a> is one of the latest entrants to the Gold Coast development market, with its debut project set to be one of the most boutique offerings on Chevron Island in recent years.

Martello has unveiled <a href="https://www.apartments.com.au/new-apartments/aere-chevron-island-18-20-mawarra-street-chevron-island-qld-4217">Aere Chevron Island</a>, a collection of 33 large-scale two-, three-, and four-bedroom apartments across an 18-storey building on Mawarra Street.

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The developer has placed a strong emphasis on wellness, briefing architecture firm Raunik Design to embed this philosophy into the project. It is a direction <a href="https://www.apartments.com.au/developers/martello">Martello™</a> plans to carry through its future developments along the coast.

<a href="https://www.apartments.com.au/developers/martello">Martello™</a> has positioned Aere as a continuation of its human-centric development approach, with a focus extending beyond amenity to the fundamentals of layout, natural light, and spatial planning. Promax Construction has already been appointed to deliver the project, with construction expected to commence in the coming months as part of the group’s broader expansion into South East Queensland.

Rising above the low-rise fabric of Chevron Island, Aere’s design emphasises generous internal proportions and uninterrupted outlooks, with residences oriented to capture coastal, skyline, and waterway views. Interiors prioritise open-plan living, with large-format glazing and carefully considered transitions between indoor and outdoor spaces.

[smartcode_project:default project_id=143932 project_image_fid=367508]

The upper levels are dedicated to larger-format homes, including four-bedroom residences designed as half-floor offerings. These layouts prioritise separation between living and sleeping zones, along with increased privacy and storage, features more commonly associated with detached housing than traditional apartment product.

Aere’s private resident amenity spaces centre on wellness. A rooftop level will incorporate a heated swimming pool, sauna and spa, alongside a residents’ lounge, dining areas and barbecue spaces, while additional shared facilities throughout the building include a gym and yoga area.

The inclusion of both social and quieter retreat spaces reflects a broader shift in higher-end apartment design on the Gold Coast, where developers are increasingly responding to owner-occupier demand for buildings that support long-term living rather than short-stay use.

[smartcode_project:default project_id=143932 project_image_fid=367814]

Aere is positioned within walking distance of Chevron Island’s village centre along Thomas Drive, as well as the HOTA cultural precinct via the Green Bridge, connecting residents to parklands, galleries, and event spaces.

For <a href="https://www.apartments.com.au/developers/martello">Martello™</a>, Aere represents the first in a series of planned Gold Coast developments, with the group also exploring opportunities in other coastal precincts, including Kirra and Palm Beach.

The move north comes as sustained population growth and infrastructure investment continue to reshape South East Queensland, with developers increasingly targeting boutique, design-led projects in established lifestyle pockets. Aere’s relatively small scale and emphasis on spatial quality position it within this emerging segment of the market.

[smartcode_project_cta:default project_id=143932]

Martello™ enters Gold Coast market with wellness-led Chevron Island development Aere

Sovereign Islands

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A luxury Sovereign Islands, Gold Coast home has sold for $5 million, up on its $4.75 million sale price three years ago.

It sold through Ali Mian at Ray White Sovereign Islands.

The four bedroom, five bathroom house was designed by Paul Clout on its 700 sqm 33 Hampton Court holding.

The vacant block first sold in 2004 at $1.5 million, according to CoreLogic.

The house first sold at $4 million in 2008. 

Facing north-west to the Broadwater, the house comes with a 24m pontoon with its 30 metres of water frontage, capable of mooring up a 100ft mega yacht. 

The exceptional home was built by Deep North Developments builders in 2006 with the house being a finalist in Queensland House of the Year.

It took two years to build with over 300 sqm of concrete and 40 tonne of steel.
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The house first sold at $4 million in 2008 and last sold for $4.75 million three years ago

jchancellor

Luxury Sovereign Islands home sold for $5 million

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A record $32 million auction bid was made for a waterfront mansion on The Sovereign Islands in South East Queensland.

But the vendor Riccardo Rizzi, who rejected the $32m bid offered at weekend auction, remains confident he will achieve the desired price.

“The Queensland market’s hot, it’s booming,” he told The Courier-Mail post-auction. 

“The house reached $32 million, it didn’t sell. It’s now on the open market at $36 million and there’s a couple of people interested."

There was an onsite auction attended by eight registered bidders last October when a $28 million vendor bid was lodged.

The now Perth based civil engineer Riccardo Rizzipurchased the incomplete house in 2013 for $5.3 million.

Set on 4255 square metres, the finished home has six bedrooms and a 30-metre pool in a roman-inspired garden.

It has been listed through Amir Mian of Amir Prestige.
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Vendor Riccardo Rizzi, who rejected the $32 million bid and last year a $28 million bid, remains confident he will achieve his desired price

Record $32 million auction bid rejected for Sovereign Islands waterfront mansion

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A waterfront trophy home in the Gold Coast’s Sovereign Islands has been listed for sale.
The home at <a href="https://www.realestate.com.au/property-house-qld-sovereign+islands-134417202">28 Excalibur Court</a>, the home belongs to former Seaside marketing director Zelma Creswick, who paid $8 million in 2017.
It was constructed by the developer Donald Barclay, who paid $1.3 million for the 2,400 sqm block in 1988, with the home being built soon after.
The home, offered for rent at $3,500 a week in February then cut to $2,500 in July, has four bedrooms and five bathrooms, with 89 metres of wide water frontage.
It features an open fireplace, swimming pool and spa, entertaining patio and terraced gardens.
The European-style abode is only a bridge away from restaurants and Paradise Point beaches.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-09-17%20at%2012.09.39%20pm.png" alt="">
“Ideally suited to large families who are passionate about entertaining, this timeless double storey residence is ready for the right buyer to take it to the next level of waterfront luxury”, the marketing said.
Kollosche’s Matt Lanyon and William Sarti hold the listing.
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j.ballantyne1990-6AQqhLzZaK

Sovereign Islands trophy home listed

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A large waterfront estate with adjoining parklands in Sovereign islands, Queensland has been sold for $5.5 million. 
It is situated on a huge 1,948sqm block at <a href="https://www.realestate.com.au/sold/property-house-qld-sovereign+islands-133148234" target="_blank">1-3 Knightsbridge Parade East</a>. 
The 1450sqm family home offers large living and dining areas, six large bedrooms, kitchen with quality appliances, games or sports bar and media room. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/28/soverign%20islands%202.jpg" alt="">
The outdoor comes with infinite-edge pool, entertaining area overlooking established gardens and the canal, and fully fenced yard, 
There is a massive basement parking with room for 10-12 cars. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/28/soverign%20islands%203.jpg" alt="">
The home also features double height foyer, extra high ceilings, and built-in BBQ. 
Edin Kara and Ali Mean of Sovereign Islands sold the property. 
It was last sold in 2012 for $3.215 million. 
 
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Sovereign Islands waterfront estate sold for $5.5 million 

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A home on the Gold Coast's Sovereign Islands, at Paradise Point, has come onto the market with an asking price of $3.65 million.
Located at 22 Knightsbridge Parade West, the home sits on a 708 square metre block, with an 18.2 metre-deep water frontage to the suburb's iconic canals.
It features five bedrooms, six bathrooms, an eight-car basement garage, home theatre, large pool, 8 metre pontoon with a dry dock, and a grand foyer with a 19-foot ceiling.
It last traded in 2004, when it sold for $900,000.
The suburb has a median house price of $1,177,044.
Critton Astras, from Astras and Bond Estate Agents Surfers Paradise, listed the property.
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wdavis-8cCN98p7xp

Sovereign Islands home on Knightsbridge Parade West listed for $3.65 million

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A Gold Coast mega-mansion has been listed with record-breaking hopes for Queensland.

The Sovereign Islands home is being sold by civil engineer Riccardo Rizzi, with $45 million aspirations.

The Knightsbridge Parade East property was last sold in an unfinished state for $5.3 million at a mortgagee auction in 2013. 

<img alt="" src="https://www.urban.com.au/images/2019/10/8/GC%20mansion%202.JPG">

Some $21 million had been spent on the initial construction and consolidation of the four blocks.

Set on 4255 square metres, the finished home has six bedrooms and a 30-metre pool in a roman-inspired garden. 

Alex Phillis at Alex Phillis Paradise Point is marketing the home.

Queensland’s current record was set in 2008 when businessman Tony Smith sold an unfinished mansion on five beachfront blocks at Mermaid Beach for $27 million.

This article first appeared in The Weekend Australian.

<h2>Queensland properties selling now:</h2>

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[smartcode_project:default project_id=22057]

[smartcode_project:default project_id=7974]
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firstname1-iYD4UYzvBa

$45 million Sovereign Islands mansion looks to set sale record

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A home that featured prominently on the hit Netflix mockumentnary series Lunatics, created by Australian comedian Chris Lilley, has hit the market.
The incompetent real estate agent Quentin Cook, played by Lilley, was attempting to sell the luxury home.
Now the Sovereign Island, Gold Coast home is really for sale at $3.6 million.
The four bedroom home on the Queen Guineveres Place dress circle features a riverside pool and jetty.
Alex Phillis and father Brian at Alex Phillis Real Estate Paradise Point are asking $3.6 million.
It has undergone a $500,000 renovation since sold for $2.125 million in 2016.
The centrepiece is the $15,000 chandelier, which took a professional cleaner nine hours to polish before the show.
This article was first published in the Weekend Australian. 
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Sovereign Island home featured in Netflix hit Lunatics for sale

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There was a pre-auction sale on the Gold Coast when $5.5 million was paid for a newly built opulent six-bedroom, seven bathroom mega-mansion on the Sovereign Islands.
Its luxury inclusions at <a id="LPlnk692437" class="OWAAutoLink" href="https://www.realestate.com.au/property-house-qld-sovereign+islands-131469114" target="_blank">85 The Sovereign Mile</a> included a "presidential master suite," an underground entertainment den, vertical garden and pool.
Ivy Wu, at Amir Mian Prestige Property Agents’ Ivy Wu, sold the house to a local family. 
Set on a north facing 818sqm allotment, the 1,085sqm residence comprises six bedrooms, gourmet chef's kitchen, undercover entertainment pavilion, and tired cinema or media room.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/29/sovereign%20islands%202.jpg" alt="">
There is a self-contained in-law suite with lounge, kitchenette and en-suite.
The natural material used in the construction of the home include polished travertine, Calcutta Marble and imported timbers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/29/sovereign%20islands%203.jpg" alt="">
Other highlights include 20m waterfront, gymnasium, Sawo Scandia sauna, internal lift, C-bus intelligent lighting system, and basement parking for over 6 vehicles. 
Located in the security patrolled community of Sovereign Islands, the property is only minutes to Broadwater. 
 
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Sovereign Islands $5.5 million pre-auction trophy home sale

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A six bedroom waterfront home on the Sovereign Islands with water and mountain views has hit the market with over $3.98 million hopes. 
Nestled on an 818 square metre block of land, the home at <a href="https://www.realestate.com.au/property-house-qld-sovereign+islands-131556534" target="_blank">58 The Sovereign Mile </a>was built by award winning local residents and brothers- DTL constructions and is still under builders warranty. 
It comprises lounge room with views over the sheltered bay, cinema rooms, kitchen with Bosch appliances, ensuited bedroom, four additional bedrooms on the second level with the master bedroom suite, and third level loft that could be a self-contained apartment. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/15/sovereign%20islands%202.jpg" alt="">
Additional features include infinity edge pool, tropical landscaping, Daikin zoned air con system, outdoor BBQ and shower, 10 metre jetty and four car garage plus a workbench. 
The sellers have bought another home on Sovereign Islands and want a sale prior to September.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/15/sovereign%20islands%203.jpg" alt="">
Sovereign Islands is located only 15 minutes to Southport and 50 minutes to Brisbane airport. 
Alex Phillis of Alex Phillis Real Estate Paradise Point has the listing. 
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Sovereign Islands waterfront home listed for $4 million

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Of the 205 Ray White Group auctions that took place last weekend, the biggest attraction was a Sovereign Islands trophy home.
Roughly 30 people gathered outside <a id="LPlnk813899" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGRhz7zx9p1Xm1+gvAUovcYM8CxElctB6JYMXYMxfWnb8=&amp;rh=ff0046ea7c3b8ec767b0a3c8234898083e4213f8" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">15 Westminster Court</a> where two active bidders fought it out.
A local couple, one of the four total registered bidders, managed to secure the property at $3.1 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/2/11/Sovereign%20Island%202.jpg" alt="">
Ray White Sovereign Island agent Edin Kara said there was a real buzz around the prestige property with plenty of activity during the four-week long campaign.
“The home hadn’t been on the market for eight years and in that time, there wasn’t much work done on it, so they’ll be looking to renovate to turn this house in to pure luxury."
“The local couple have snapped up arguably the best buy on Sovereign Islands,” she concluded.   Set on 730 sqm the home has 30 m of water frontage.
Comprised of four levels, the six bedroom five bathroom property features, an executive study, a pool, a gym, a wine cellar and comes with a pontoon suitable for a large boat. 
The property has views over the Broadwater, hinterland and Coomera River.
Last sold in 2011 the home traded at $2.559 million.
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