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Iconic Double Waterfront Block in Sovereign Islands

46-48 Royal Albert Crescent, Sovereign Islands, Qld 4216

A$20 million 8 Beds 8 Baths 1448 SQM
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The iconic Baltimore property in the esteemed neighbourhood of Sovereign Islands, represents a rare opportunity to break into a very competitive and lucrative area. The Sovereign Islands are a small island group within the suburb of Paradise Point on the Gold Coast. The median house price for homes in this coastal suburb is A$1.4 million, and typically homes sit on the market for an average of 32 days. Over the last 12 months Paradise Point has seen an annual growth of 38 per cent.

This palatial house sits on a double sized block and enjoys easy access to the sheltered waters between South Stradbroke Island and the Pacific Ocean. From there it is an easy motor to Surfers Paradise and its picturesque canals and waterways.

A 15 car garage in the basement with a 12 person lift will keep your all toys safe. On the canal side with 60 meters of water frontage and deepwater mooring big enough to fit a 24 meter vessel, you encounter one of the property’s most noticeable features: a water facing facade where almost every room of the house enjoys vistas of the water and unforgettable sunsets.

Underneath the majestic crimson main pillars positioned on either side of impressive three-level panes of glass, you will find a comfortable outdoor entertaining area and jacuzzi, while a fully equipped outdoor kitchen means you will be able to enjoy those balmy Queensland nights with friends and family.

Apart from the 17 meter indoor swimming pool, 1,500-bottle wine cellar, bar and dedicated cinema room, this property has been custom fitted with one of the most indulgent and authentic high-roller experiences you will find in Australia.Positioned above the water and easily accessible from the waterfront terrace, the games room feels like a fully fledged casino with a real roulette table, cards table, lounge and seating areas.

There are seven bedrooms, five with ensuites including a very large master suite and second master suite, plus a completely self-contained studio apartment on the property for staff or guests.

The exceptional property has a price guide of A$20 million.

Sovereign Islands Suburb Snapshot
  • – A$1,410,000 Median House Price
  • – 41.71% Annual Growth
  • – 5,118 Population
  • – 47 Average Age