Why this ordinary 1970s house just sold for $6.5 million

Getting into beachfront real estate on the Gold Coast just got harder.

This very original 1970s beach house may look like your average suburban home but this week it changed hands for an eye-watering $6.5 million.

Proving it’s anything but ordinary, 25 Hedges Avenue, Mermaid Beach was snapped up by a mystery buyer in an off-market deal brokered by Michael Kollosche of Kollosche Prestige Agents.


25 Hedges Avenue, Mermaid Beach, sold this week for $6.5 million. Photo: Supplied

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