
57-63 The Corso
Isle Of Capri 4217
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- 8
- 2197㎡

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- 8
Iconic Mansion on Four Ultra Prime Main River Allotments - Priced Below Land Value with Immediate Vacant Possession
A generational Main River estate of extraordinary scale, offered at a price that presents a compelling proposition when measured against recent land sales on The Corso.
Commanding an unrivalled 52.7* meters of north-facing Main River frontage, the estate occupies one of Isle of Capri's most tightly held positions, with uninterrupted views across Adams Basin to the Surfers Paradise skyline. Parkland borders the property to the northwest and southwest, creating an exceptionally rare combination of scale, privacy, water frontage, with a private protected outlook.
Recent transactions have seen individual redevelopment allotments on The Corso sell for $7.1 million (2026) and $7.5 million (2024); and in June 2026, a double allotment changed hands for $14.5 million to pave the way for a spectacular new residence to be constructed. By comparison, 57-63 The Corso comprises of four amalgamated riverfront allotments spanning 2,197m²* – together with an existing 2,041m²* residence of exceptional proportion and volume.
On any analysis this unique commercial and lifestyle proposition is increasingly difficult to ignore and, in all likelihood, will deliver exceptional capital upside.
The owner is committed to achieving a timely sale, creating a genuine opportunity to secure one of the Gold Coast's most significant private Main River landholdings below the market value of individual land value lots. Realistically the property would require well over $50 million to replace opening significant capital gain upside whether that be post renovation or if an as is holding strategy is adopted.
Beyond the numbers is a prime position asset that simply cannot be recreated for any commercial number.
At its centre stands a substantial 2,041m²*, three-level residence inspired by the world's great luxury Asian resorts. Soaring timber ceilings, a dramatic central atrium, expansive entertaining zones, and resort-style amenities provide an extraordinary foundation from which to create one of Australia's great waterfront homes. The double head jetty and over water deck is a unique feature for boating enthusiasts.
Renowned for its beauty and proportions, the home is as significant as the land itself. Master builders have indicated the improvements alone would cost well in excess of $25 million to replace today.
Preserve and enhance the existing residence. Undertake a substantial architectural transformation. Or hold an irreplaceable four-title amalgamation in the ultimate Main River position for future upside. The sheer scale, frontage and position of this landmark holding is what makes it impossible to replicate particularly given its availability to purchase today for under land value.
For buyers who understand the scarcity and underlying value of Main River land on both The Corso and the central Gold Coast, the recent sales evidence and scarcity of supply, clearly makes this an opportunity worthy of serious and immediate consideration.
Highlights
- Landmark 2,197m²* Main River estate spanning four amalgamated waterfront allotments
- 52.7m* of prized north-facing Main River frontage
- Compelling asking price when considered against recent land sales
- Recent single-allotment sales of $7.1 million and $7.5 million, and a double redevelopment allotment sale of $14.5 million in June 2026
- Significant underlying landholding with an existing 2,041m²* three-level residence
- Panoramic outlook across Adams Basin to the Surfers Paradise skyline
- Parkland borders to the northwest and southwest, enhancing privacy and protecting the private outlook
- Asian resort-inspired architecture surrounded by established tropical gardens
- Exceptional opportunity to preserve, renovate or completely reimagine
- Solid concrete construction with soaring timber ceilings, extensive glazing, and pyramid skylight
- Signature central atrium featuring a spectacular wet-edge swimming pool
- Multiple formal and informal living and entertaining zones
- Gourmet kitchen with 6m trapezoid stone island, premium Miele appliances and butler's pantry
- Temperature-controlled wine cellar
- Five luxury ensuite bedrooms plus executive study
- Covered waterfront entertaining with outdoor bar
- Private sandy beach
- Refurbished twin-head jetty and boat pontoon
- Gymnasium, sauna, plunge pool and spa
- Four additional powder rooms
- Basement accommodation for eight vehicles with workshop and storage
- Control4 home automation
- Enterprise-grade networking, integrated audio, and comprehensive security
- Self-contained caretaker's residence with private entrance
Located in one of Isle of Capri's most tightly held Main River enclaves, the estate offers remarkable privacy while remaining moments from Capri on Via Roma, Harris Farm Markets, acclaimed dining, and boutique shopping. Lex Bell Oval is directly opposite, world-famous beaches are within walking distance, leading private schools are within easy reach, and direct boating access to the Broadwater and South Stradbroke Island completes an exceptional Gold Coast lifestyle.
To arrange your private inspection, contact Michael Kollosche on 0411 188 815 or Matthew Follent on 0402 251 527.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property Features
- Air Conditioning
- Area Views
- Close to Transport
- Close to Shops
- Alarm System
- Pool
- Intercom
- Close to Schools
- City Views
- River Views
- Lift Installed
- Prestige Homes
- Car Parking - Basement
- Security System
- Gym
- Wine cellar
- Pontoon
- Jetty
- Theatre
- Office
- Outdoor Entertainment Area
- Secure Parking
- Dishwasher
- Workshop
- Dual Living
Outgoings
- Council Rates - $24950.58 per year
- Water Rates - $1170.52 per year
























