PRESTIGIOUS PROPERTY SALE: Coral Mandalay Gardens in the foreground of this photo has sold at a multi-million dollar price making it a record sale for the region.
PRESTIGIOUS PROPERTY SALE: Coral Mandalay Gardens in the foreground of this photo has sold at a multi-million dollar price making it a record sale for the region.

Record house price for Airlie

MULTI-MILLION dollar property Mandalay Coral Gardens has sold for what is believed to be a record house price for the Whitsundays mainland.

The prestigious property near the end of Mandalay Road was built in 2005 by owner Bill Sharpe and had been on the market for 12 months.

Spanning across 1200m2, the terrace style design has a pool that wraps around two sides of the house, and water frontage on three sides and comes with its own marina berth.

Although the exact price has not been disclosed, PRDnationwide Whitsunday has confirmed the sale of the exclusive property this week and said it was the highest price for a house sale ever for Airlie Beach.

PRDnationwide Whitsunday chief executive Rob Taylor said the sale was in the top three of the highest house sales in Queensland this year.

“All of them have been shy of $10 million,” he said.

Melbourne investors bought the property just 10 days ago.

Mr Taylor worked on the sale with Ken Jacobs from international real estate firm, Christie's Great Estates.

He said the sale was a real positive for the town.

“It should give a lot of people confidence in investing in our region. It is one of the most striking pieces of architecture in Australia,” he said.


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