A new sales record has been set inside Palazzo Versace on the Gold Coast where an opulent penthouse has changed hands in a multi-million dollar deal.

Known as ‘the ground floor penthouse’, the 352m2 luxury residence sold off-market for $6,420,000 to an interstate buyer who intends to use the lavish residence as a holiday home. 

Kollosche agent Duncan Longmore says the plush three-bedroom, three-bathroom pad has been refurbished and boasts a private pool, extra-large marina berth and a spectacular outlook.

“It’s one of the best views in Palazzo Versace, capturing The Broadwater, marina and the city skyline,” says Mr Longmore.  

The sale trumps the $5,500,000 price paid for a top floor Versace penthouse, once owned by billionaire businessman Clive Palmer, two years ago.

There are six penthouses and 72 condominiums inside the famous fashion-themed hotel which has hosted high profile residents and guests, including The Rolling Stones, U2, Pink, Rod Stewart, Mariah Carey and rapper Snoop Dog. 

Residents enjoy full use of the hotel services and amenities including room service, restaurants, a day spa, fitness and wellbeing facilities, resort pools, valet parking and 24-7 security.  

“Palazzo Versace remains one of the best addresses on the eastern seaboard,” says Mr Longmore, who also calls Versace home. 

“You have all the benefits of a five-star hotel with total privacy to relax in the most beautiful environment. I love coming home to Versace.” 

Buying into Palazzo Versace has other perks too – no stamp duty or land tax is payable while owners enjoy discounts in the restaurants, bar and boutique and have the option of renting their condo for a healthy return.

Duncan Longmore is now showing a selection of prestige opportunities inside Palazzo Versace – view online and arrange your private inspection today.