55/3 Tedder Avenue, Main Beach, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

55/3 Tedder Avenue
Main Beach QLD 4217

Bedrooms: 3
Bathrooms: 4
Car spaces: 3
Floor area: 498m2
Land area: 722m2
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Property Details for 55/3 Tedder Ave, Main Beach

55/3 Tedder Ave, Main Beach is a 3 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1989. The property has a land size of 722m2 and floor size of 498m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1989
Floor Size
498m2
Land Size
722m2
Local Government
Gold Coast City
Lot/Plan
55/BUP9260

Last Listing description (September 2023)

A captivating, uninterrupted, never-to-be-built-out panorama awaits the next owner of this New York-style penthouse - the Pacific Ocean's coastline and surf beaches, Broadwater super yacht marinas, the Gold Coast Hinterlands and a dazzling skyline by night.

There are two penthouses in Malibu, an iconic Main Beach 20-level, residential-only high-rise. This exquisite northern Penthouse, the largest of only two, and held by one overseas-based family for nearly three decades, is offered for sale. As one of Australia's most sought-after postcodes, the prestigious beachside suburb of Main Beach epitomises a cosmopolitan lifestyle, exclusivity, and convenience.

This three-level penthouse features an enormous rooftop swimming pool with a spa deck and outdoor kitchen, and the interior levels are wrapped in floor-to-ceiling glass to capitalise on the coastal views. A grand-scale dual-level open-plan living area with five-metre ceilings seamlessly connects to the wrap around covered balcony. If there was ever an entertainer's kitchen, this penthouse takes the gold medal with its centre-piece gourmet dining island.

There are multiple interior and exterior spaces for everyday enjoyment, dedicated spaces to work remotely, and everything in between. Its two guest bedrooms, each with an ensuite, are situated separately from the generously proportioned and elegantly appointed principal bedroom suite with an enviable walk-in dressing room and wardrobe. Fresh as a brand-new custom-designed modern home, the Malibu penthouse is ready for its future owner.

Penthouse select highlights:

Interiors, undercover and roof deck: 775 sqm
- The tri-level penthouse occupies over half of the 18th, 19th, and 20th levels
- 2 Interior levels plus an enormous rooftop saltwater swimming pool, spa, and sun deck with an outdoor kitchen and full bathroom
Grand open-plan living with five-metre ceilings, wraparound window walls and sliding glass doors to the balcony
Centre-piece kitchen with gourmet dining island and Bosch appliances
3 king bedrooms each with an ensuite
Mezzanine media lounge and study
Principal bedroom suite with an ensuite, custom joinery walk-in wardrobe and dressing room
4 full bathrooms and a guest powder room
Cloak Room, synonymous with truly grand residences
Window treatments and motorised (and hand-operable) roller blinds
3 car spaces, includes a double lock-up garage

Constructed during an era renowned for impeccable craftsmanship and high-quality materials, Malibu was the first Gold Coast residential tower completed by Sunland, the multi-award-winning and internationally celebrated developer. Fast forward 36 years, this masterpiece Malibu penthouse has been elegantly transformed and funded with a seven-figure renovation budget to create a world-class executive residence.

Malibu amenities and information:

Well-equipped gymnasium
Heated swimming pool and adjacent sauna facility
Tennis court
On-site manager
CCTV entrance and security garage
Manicured grounds and porte-cochere entry
Residential-only with 90% of the owners with a 10-year tenure
Completion 1988, award-winning developer, Sunland

Community amenities:

Main Beach is one of the most affluent and prestigious suburbs on the Gold Coast
Two international airports within a one-hour drive
State-of-the-art medical facilities, public and private hospitals; Gold Coast University Hospital, ranked 7th in 'World's Best Hospitals, Australia 2023'
Southport Yacht Club with super yacht berths a 5-minute drive
Southport Surf Lifesaving Club, beachfront Main Beach 10-minute beach walk
The Southport School (TSS) and St Hilda's primary and secondary private schools - a 10-minute drive.
Griffith University - a 20-minute drive
Main Beach's proposed developments and upgrade about $1.4 Billion to include:
- Ritz Carlton Hotel Gold Coast, a 170-room luxury international brand hotel with 67 super yacht berths, $480 Million
- Marina Mirage, $500 Million upgrade to the 2002 restaurant and shopping precinct
- Mantaray Marina, a dining, retail, and marina precinct, $300 Million
- The Spit, 144 hectares of national parkland- upgrades and new facilities per The Spit Masterplan the land mass bordered by the ocean and Broadwater is equal to London's Hyde Park

Please contact Michael Vettoretto 0438 705 745 or Kim Sharpe 0412 261 266 at Queensland Sotheby's International Realty to arrange your private tour twilight inspections are also available to explore making this exceptional Penthouse your new home.

Property History for 55/3 Tedder Ave, Main Beach, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$5,700,000
19 Jul 2023
Listed for Rent
09 Oct 2013
  • 19 Jul 2023
    Sold for $5,700,000
  • 01 Jun 2023
    Listed for Sale Contact Agent
  • 24 Dec 2020
    Listed for Sale Malibu Penthouse
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About Main Beach 4217

The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2016 was 3883 people. By 2021 the population was 3998 showing a population growth of 3.0% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation.In 2021, 66.60% of the homes in Main Beach were owner-occupied compared with 55.10% in 2016.

Main Beach has 3,874 properties. Over the last 5 years, Houses in Main Beach have seen a 75.54% increase in median value, while Units have seen a 98.64% increase. As at 30 November 2025:

  • The median value for Houses in Main Beach is $3,779,721 while the median value for Units is $1,538,311.
  • Houses have a median rent of $875 while Units have a median rent of $885.
There are currently 62 properties listed for sale, and 11 properties listed for rent in Main beach on OnTheHouse. According to Cotality's data, 220 properties were sold in the past 12 months in Main beach.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.