Gold Coast City Council sells up multi million-dollar beachfront mansion to recoup unpaid rates

MERMAID Beach’s notorious and exclusive property game has a new player — Gold Coast City Council — and they’re offering a deal on a well-known home in Millionaire’s Row.

The luxurious three-level property, next to Nobby Beach Surf Club at 2/31 Albatross Avenue, once sold for $9.75 million but could sell for less than half that when it goes to auction next Wednesday for unpaid rates.

READ MORE… VIA GOLDCOASTBULLETIN

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The exterior of 2/31 Albatross Ave, Nobby Beach (on right).Picture: Glenn Hampson.

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