PHOTO: 2 Heron Avenue, Mermaid Beach, has sold for $25 million. Photo: Supplied

One of the Gold Coast’s premier beachfront mansions has just sold for a jaw-dropping $25 million, equalling Queensland’s most expensive property on record.

The luxurious abode – which takes up a whopping 40-metre slice of ocean frontage at 2 Heron Avenue in Mermaid Beach – is home to former AFL player and now property developer Tony Smith and his wife Simone, who purchased the property in 2014 for $12 million when it was a block of shabby, mission-brown units.

Steve Smith

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Mr Smith knocked down the proverbial parking lot to put up a veritable paradise, creating a four-bedroom, four-bathroom masterpiece with a Balinese-meets-Hamptons-style that selling agent Harry Kakavas of Prestige Property Sales said was unparalleled.

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2 Heron Avenue, Mermaid Beach, sits on a whopping 40 metres of ocean frontage. Photo: Supplied

The off-market sale was inked amid a month of multimillion-dollar sales and comes just days after the $11.75 million transaction of a resort-style mansion at 1-3 La Scala Court on the glitter strip’s Isle of Capri – injecting a mega dose of optimism into the  market.

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