Main Beach “Malibu”
Malibu 55/3 Tedder Avenue

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Iconic 'Malibu' Tri-level 775 sqm Penthouse

Sold $5.7M by Kim Sharpe and Michael Vettoretto

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.

Get to know Main Beach

Main Beach is an affluent beachside suburb on the Gold Coast in Queensland, Australia. The Main Beach area is defined by the narrow coastal dune between the sea and the mouth of the Nerang River. Narrowneck formed the southern boundary and to the north a spit of sand terminated in a break or bar between the Broadwater and the sea.

Read more about Main Beach


Property Features

  • Tennis Court
  • Area Views
  • Car Parking - Basement
  • Carpeted
  • City Views
  • Close to Schools
  • Air Conditioning
  • Built In Wardrobes
  • Close to Shops
  • Garages 2
  • Ensuite 1
  • Intercom
Malibu 55/3 Tedder Avenue, Main Beach
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