137-139 Commodore Drive

Seize the opportunity to secure this extraordinary 1,624m² main-river estate in Paradise Waters, positioned in one of the Gold Coast's most prestigious streets. This rare double block, held on one title, offers 44.8m/147ft of absolute river frontage and a lifestyle of remarkable scale, privacy, and potential. Recent comparable sales at 40 Admiralty Drive, 74 Admiralty Drive, 90 Admiralty Drive and 141-143 Commodore Drive underscore the exceptional strength of this prestige waterfront market. In my opinion, this rare 1,624m² main-river double block is best supported in the $14 million to $16 million range, with its scale, 44m-plus frontage and irreplaceable position in Paradise Waters combining to create one of the most significant land opportunities on the Gold Coast. With the asking price sitting below this level, it presents a compelling opportunity for buyers who recognise the rarity and long-term value of a site of this calibre and long-term potential in one of the Gold Coast's most tightly held prestige streets. The five-bedroom, low-set residence includes a fully self-contained guest quarter and enjoys a wide river outlook from the expansive open-plan living area and kitchen, with views stretching across the water to the Hinterland. Designed in an Asian vernacular style, the home celebrates natural materials, generous spaces, and relaxed waterfront living - all treasured by the same family for 23 years. Residence Highlights - Substantial 1,624m² estate with 44.8m/147ft river frontage. - Captures expansive views across 188m-wide water and to the Hinterland. - Asian vernacular design with sandstone flooring and vaulted timber ceilings. - Oversized riverfront master suite with parent's retreat, walk-in robe, and vaulted ceiling. - Resort-style ensuite with inground spa, his-and-hers basins, and large shower. - Kitchen with dual stone island benches, gas cooktop, commercial exhaust, walk-in pantry, and stainless-steel appliances. - Four additional oversized bedrooms, two with ensuites, plus large sliding robes. - Main bathroom with spa bath opening to a private tropical courtyard. - Sauna room, one powder room & full bathroom, ducted air conditioning, super large solar system, and large laundry. - Statement entry with imported timber doors, water feature, and tropical landscaping. - 18.5m riverfront pool and generous alfresco entertaining area. - Fixed jetty and floating pontoon with 25m mooring capacity for the largest vessels. - Fully self-contained guest quarters with private entrance, kitchen, full bathroom, and waterfront courtyard. Renovated around 15 years ago using natural materials, the residence offers excellent immediate appeal while also presenting a compelling opportunity for the new owner to modernise further or start again with a landmark rebuild, subject to council approval. Paradise Waters is an exclusive island enclave of Surfers Paradise, perfectly positioned with direct ocean access to the Broadwater via the Sundale Bridge. With Tedder Avenue, Marina Mirage, patrolled beaches, elite schools, and both Brisbane and Coolangatta airports within easy reach, this is one of the Gold Coast's most coveted waterfront addresses. A property of this scale, frontage, and address is rarely available - and once sold, it cannot be replaced. Disclaimer: Amir Prestige Group makes no representation, warranty or guarantee as to the accuracy of any data contained herein, and advises interested parties to confirm all information before making any purchase decision. All information provided has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice.