Retail giant Gerry Harvey sells his waterfront villa at Runaway Bay

5/8 Poinsetta Ave, Runaway Bay, owned by the retail giant Gerry Harvey and his wife will be sold next week as part of the Ray White Event.


“It’s hard to find an address better in Australia.”

That’s what retail giant and Magic Millions co-founder Gerry Harvey said of Poinsettia Avenue last year, and with that kind of endorsement who wouldn’t want to call this prime

QLD_GCB_SPORT_MAGICMILLIONS

Gerry Harvey and wife Katie Page at the Magic Millions race day at the Gold Coast Turf Club. Mr Harvey co-founded the event. (Photo: Steve Holland)


piece of Gold Coast real estate home?

“It’s become an attractive property for a lot of different buyer segments,” said Robert

Graham of Ray White Prestige Gold Coast.

Mr Havey claims the house is at the best address in Australia.


Mr Graham said the four-level luxury waterfront residence had been empty for the past six months while Mr Harvey and his wife and business partner Katie Page assessed their options.

“Most people probably wouldn’t even know that Poinsettia Avenue exists in the city’s

MORE NEWS Bargain island escape in desperate need of a reno rescue

Tennis star Caroline Wozniacki and NBA champ David Lee sell $22.7 million island home

The house has been empty for a few months while the Harveys decided what to do with it.


northeast, it’s a very quiet cul de sac not too far from the city,” Mr Graham said.

As you’d expect from a property owned by this billionaire power couple — and they

have several they’re currently offloading on the Gold Coast — the Runaway Bay villa is

decked out with all the mod cons, including only the very best appliances and a focus

The home is tastefully decorated.


on entertaining.

The 575sqm residence’s wrap-around balconies and floor-to-ceiling glass retractable

doors celebrate the fabulous Broadwater views in both directions, while the

waterside entertaining terrace with its northeast-facing facing aspect make gatherings,

More from news

formal or casual, bedazzling affairs.

It is also decked out with all the mod cons.


“It’s not easy to get a home with all of the attributes this one has four-bedrooms,

four bathrooms, four car spaces, and a lift, to name but a few,” Mr Graham

said.

The Broadwater frontage and private 10m pontoon are unique inclusions of the

home that was listed by Ms Page in recent weeks. It’s ideally positioned between

parkland and the Broadwater and is one of only three luxury villas on the block.

It will be auctioned as part of the Ray White Event.


The villa will be sold as part of Ray White’s prestige auction event at the Sheraton Mirage on January 28 from 6pm.

Inspections will be held at the property today from 2.30pm.