THE sale of a waterfront mansion on a half acre block in Mermaid Waters has smashed the house price record for the Gold Coast suburb.
Owner Erik Raaschou and his wife, Lea, have just sold their five-bedroom, four-bathroom dream home on a huge 1900 sqm at 51-53 Portobello Road for close to $2.9 million in cash.
It’s definitely paid off for Mr Raaschou, who paid $2.05 million for the property in May last year — although he did undertake substantial renovations.
Eric, Lea and their son Kristian Raaschou at the home they have just sold in Mermaid Waters. Picture: AAP/John Gass.
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