Gold Coast luxury property: $42m Tallebudgera mansion Bellagio la Villa becomes the most expensive home ever ... - The Australian Financial Review

The interior is dripping in gold – it edges decorative wainscotting and fretwork on the walls and joinery in almost every room.

The entry has a handsome staircase with ornate balustrade and beyond is a ballroom with a second kitchen for entertaining. The main, family kitchen is so large and well appointed that it includes a cold room.

Gold detailing features throughout the home which features decorative wainscotting and fretwork on the walls and joinery, in almost every room.

The ten bedrooms are served by ten bathrooms, with marble throughout and one with his-and-hers, side-by-side bathtubs.

A gym is included for private workouts and the buyer will freshen up in his-and-hers dressing rooms.

Soaring proportions, balconies, a colossal central courtyard and a sparkling indoor pool with a coffered ceiling and arched French doors finish off the classical design.

The property features his-and-hers dressing rooms.

The buyer will also find a guest house on the grounds.

The property is a 15-minute drive from the popular tourist destinations of Palm Beach, Burleigh Heads and Coolangatta.

It is unusual for properties in this stratosphere of the market to be sold at auction. Discreet haggling and expressions of interest are the more customary methods for buyers with deep pockets who, generally, do wish to expose that fact at an auction.

Before the Toorak deal, the Australian auction record was $24.6 million for a water-view house in Sydney’s Vaucluse. That address pitched $10 million above reserve, leaping the previous record of $23 million for Sydney mansion Le Manoir, in Bellevue Hill, bought in 2009 by Lachlan and Sarah Murdoch.

This story first appeared on Domain.

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