Hedges Avenue mansion sells for $27.5 million
A beachfront mansion on the Gold Coast’s Millionaire Row at Mermaid Beach has sold for a whopping $27.5 million.
The price paid is believed to be second highest price ever publicly recorded for a home in the city.
And what makes the sale even more remarkable is that Gold Coast real estate agent Amir Mian managed to sell the home even though it was not officially on the market.
The seller, fitness industry identity Maria Moy, had only lived in the home for four years after purchasing it in 2021 for $15.299 million. The 2025 sale means the value of the eight-year-old home jumped 80 per cent in the time
Mermaid Beach’s median house price is now $3.4 million, making it one of Queensland’s most expensive suburbs while Hedges Avenue is easily among the most expensive streets.
However, Mr Mian said the property was not the most valuable home in the street.
Colourful Gold Coast-dwelling billionaire Clive Palmer is reported to have bought a property on the same street for $28 million.
Mr Mian said there were larger, even more prestigious, properties along Hedges Avenue, which had been held for a long time by their current owners.
He said some properties along Hedges Avenue could be worth tens of millions more.
“Those sales will pop up, when one of those vendors decides to sell,” Mr Mian said.
“I think Hedges Avenue is one area on the Gold Coast which will attract those even higher-level prices.”
The timber and concrete five-bedroom, two-storey home at 127 Hedges Avenue was designed by B.E Architecture for Parkwood International golf course co-owner Michael Brosnan and his wife Benita. The home was built in 2017.
It sits on a 607sqm property with 15m of direct access to Mermaid Beach.
Mr Mian would not name the purchasers but indicated they were a local family.
Before the Brosnans built the home, the property had been previously owned by the late Gold Coast business icon John Longhurst, who built Dreamworld.
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