75 Hedges Ave, Mermaid Beach

An unlisted beachfront holiday home has changed hands for $11.45 million after igniting a fierce off-market battle between two buyers desperate the break into the Gold Coast’s tightly held Millionaire’s Row.

The two-storey house on a 405 sqm block fronting the sand at 45 Hedges Ave, Mermaid Beach was sold by Kollosche agents, Michael Kollosche and Matthew Follent.

Mr Kollosche said the owner had held the property for “a very long time”.

The home on the Gold Coast’s richest strip was sold in an off-market deal

“The owner was not an active seller, but there had been conversations with them around a what-if scenario.

“The buyer had been looking for a property they could ultimately demolish to build a new home, and we had another buyer running on it too.

“We

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