The glam Queensland mansion poised to shatter an Aussie property record

A glamorous mansion on the Gold Coast will be the most expensive home ever auctioned in Queensland and the second-most expensive to go under the hammer in Australian history.

The ten-bedroom estate at 49-109 Tallebudgera Connection Road, Tallebudgera, was on the market, at the start of 2021, for a widely reported $50 million.

That was revised to $33 million in July year last, for private sale, Pricefinder records reveal, and now Bellagio La Villa has been freshly scheduled for an auction on February 25 at 12.30pm.

49-109 Tallebudgera Connection Road, Tallebudgera
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49-109 Tallebudgera Connection Road & 176, 178, 184 - 186 Tallebudgera Creek Road, Tallebudgera QLD 4228

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Properties in Queensland going to auction are not allowed, by law, to carry an advertised a price guide, so there is an unknown factor around what the home could fetch.

However, at the $33 million valuation, the villa’s auction price would be second only to an estate in Melbourne’s Toorak that traded in October 2021 for more than $40 million and which holds the record for the most expensive Australian home ever sold under the hammer.

But, at $50 million, 49-109 Tallebudgera Connection Road would obliterate that benchmark, set by 47 Lansell Road, Toorak.

The mind-blowing property spans 17 hectares along the Tallebudgera Creek and is the work of a trinity of high-end design specialists – architect Michael Witty, garden landscaper Paul Bangay and interior designer Eleanor Davis.

A European-influenced porte-cochere graces the façade at the end of a long, cinematic driveway, comprising manicured lawns, impeccable hedges and bubbling fountains.

The interior is dripping in gold – it edges decorative wainscotting and fretwork on the walls and joinery, in almost every room.

The entry has a handsome staircase with ornate balustrade and beyond is a ballroom with a second kitchen for entertaining. The main, family kitchen is so large and well appointed that it includes a cold room.

The ten bedrooms are served by ten bathrooms, with marble throughout and one with his-and-hers, side-by-side bathtubs.

A gym is included for private workouts and the buyer will freshen up in his-and-hers dressing rooms.

Soaring proportions, balconies, a colossal central courtyard and a sparkling indoor pool with a coffered ceiling and arched French doors finish off the classical design.

The buyer will also find a guest house on the grounds.

The property is a 15 minute drive from the popular tourist destinations of Palm Beach, Burleigh Heads and Coolangatta.

It is unusual for properties in the stratosphere of the market to be sold by auction. Discreet haggling and expressions of interest are the more customary methods for buyers with deep pockets, who generally do wish to expose that fact at an auction.

Before the Toorak deal, the Australian auction record was $24.6 million for a water-view house in Sydney’s Vaucluse. That address pitched $10 million over reserve, leaping the previous record of $23 million for Sydney mansion Le Manoir, in Bellevue Hill, bought in 2009 by Lachlan and Sarah Murdoch.