Property Of The Week: 4 Whitsunday Boulevard, Hamilton Island, QLD
Encapsulating elevated barefoot luxury living on one of Australia’s most famous resort islands, this property is equally suited to private retreat as it is to glamourous entertaining.
A head-turning Hamilton Island property that embodies everything about contemporary luxury living, Element Hill is its own resort at home on one of Australia’s most famous resort islands.
Sitting high on an elevated 3448sq m block at the north of the popular holiday island, the trophy residence has panoramic 240-degree views of the ocean, the neighbouring Whitsunday Islands and local peninsula.
The luxury north-facing estate, which only was completed in 2021, was designed to be equally suited as a private oasis, glamorous executive rental — or both.
“The beauty of Hamilton Island is that it’s got a very solid holiday rental market and a really strong conference market. This property gives the buyer, whether that’s an individual or a company, the opportunity to host their own corporate events here while also letting it out for other occasions,” said Lynn Milsom, co-agent with Sotheby’s International Realty Queensland.
Fellow listing agent, and director at Sotheby’s Queensland, Wayne Singleton said although the home is just two years old it has gathered plenty of momentum as an income producer.
“We’re looking at in excess of $600,000 in forward bookings that have already been made. It would easily earn $1 million a year as a basic minimum,” he added.
Each of the eight self-contained bedroom suites have bathrooms and kitchenettes so guests can have total privacy and there are multiple indoor and outdoor living and dining zones for work, rest and play throughout the grand property.
Element Hill features a palatial 1500sq m internal footprint over multiple levels with three separate lounge rooms. In addition to the kitchenettes in each bedroom, the grand entertainer has two commercial style kitchens including an outdoor kitchen and bar beside a terrace fire pit catering to large scale gatherings in all seasons. There is also a sleek concrete outdoor kitchen with barbecue, smoker and pizza oven beside a rolling manicured lawn and established tropical landscaping.
For further entertaining there are numerous terraces and a games room which could be easily converted into a high-tech conference space.
Listed as a perpetual leasehold property with the lease due to expire on 2078, along with all other Hamilton Island real estate, Element Hill is on the market with an expressions of interest campaign closing on 30th July.
Wayne Singleton on 0416 024 168 and Lynn Milsom on 0415 039 060; Sotheby’s International Realty Queensland;
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