Main Beach Malibu 55/3 Tedder Avenue

Iconic 'Malibu' Tri-level 775 sqm Penthouse

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 sqmThe tri-level penthouse occupies over half of the 18th, 19th, and 20th levels2 Interior levels plus an enormous rooftop saltwater swimming pool, spa, and sun deck with an outdoor kitchen and full bathroomGrand open-plan living with five-metre ceilings, wraparound window walls and sliding glass doors to the balconyCentre-piece kitchen with gourmet dining island and Bosch appliances3 king bedrooms – each with an ensuiteMezzanine media lounge and studyPrincipal bedroom suite with an ensuite, custom joinery walk-in wardrobe and dressing room4 full bathrooms and a guest powder roomCloak Room, synonymous with truly grand residencesWindow treatments and motorised (and hand-operable) roller blinds3 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 gymnasiumHeated swimming pool and adjacent sauna facilityTennis courtOn-site managerCCTV entrance and security garageManicured grounds and porte-cochere entryResidential-only with 90% of the owners with a 10-year tenureCompletion 1988, award-winning developer, Sunland
Community amenities:

Main Beach is one of the most affluent and prestigious suburbs on the Gold CoastTwo international airports within a one-hour driveState-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 walkThe Southport School (TSS) and St Hilda's primary and secondary private schools - a 10-minute drive.Griffith University - a 20-minute driveMain 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 MillionMarina Mirage, $500 Million upgrade to the 2002 restaurant and shopping precinctMantaray Marina, a dining, retail, and marina precinct, $300 MillionThe 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.