Update (1/3/23): The spectacular 17-acre Bellagio La Villa on the Gold Coast when under the hammer over the weekend, for which the agents received an eye-watering unconditional cash offer of $42 million before the auction began, almost making the auction process a foregone conclusion. Unsurprisingly, after the offer was announced to the gathered bidders there wasn’t a single paddle raised to offer more, seeing the grandeur dripping property set a new record for the most expensive auctioned home in Queensland’s history.
In addition to setting a new Queensland record, the price paid for Bellagio La Villa also saw it become the second-highest price paid at auction for a home in Australian history, which is a remarkable outcome in a property market that is generally understood to be cooling after several white hot years. However, this European-inspired 26-bedroom estate represents a unique buying opportunity at the very top of the market, which clearly led the new owner to dig deep into their pockets to see such a record-breaking.
Original Article: Let’s just pretend, for a moment, that your typical share house didn’t have a hot water system that predates the steam engine, three-week-old dishes in the sink and a real estate agent that enjoys popping over unannounced. Located about half an hour from the Gold Coast could be a contender for the best share house in the country, but with 26 bedrooms you’ll need the whole group chat to fill out Bellagio La Villa.
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As far as estates go, the Bellagio La Villa has to be one of the most impressive in Australia, situated on 49.37 hectares just south of the Gold Coast and arriving with everything that a country mansion should. From the European-inspired architecture and soaring ceilings to the sprawling lawns and polished marble floors, it arrives with the kind of Gold Coast grandeur deserving of Project X-level parties.
Features also include a heated indoor pool, horse stables, five separate guesthouses, a gym, spa, sauna, orchard and even a commercial chicken coop. The only catch for turning this into the best share house in the country is how much it’ll cost you, with the property heading to auction later this month with a price guide indicated by Domain as $33 million.
