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Penthouse gift: why generous couple handed over this stunning apartment

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A generous couple has donated a huge penthouse near the beach to help raise money for research into a disease that has terrorised the world.

Keith and Glenda Drake have given their luxurious Maroochydore apartment to the Royal Brisbane and Women’s Hospital Foundation (RBWHF).

The double-level penthouse, which at 670sqm is three times bigger than a normal apartment, will be sold and the money directed to researching the coronavirus.

The Drakes bought the residence which takes up the top two floors of Melrose on Fifth for $2.75 million in 2006.

It is expected to fetch significantly more than that in the current property market when it goes under the hammer on August 6.

The Drakes moved from the penthouse to an acreage property five years ago with their 57-year-old son, who is severely disabled with quadriplegia cerebral palsy and requires full-time care.

The penthouse is located in the heart of Maroochydore, near the beach.

Mr Drake said they were pleased to donate the apartment which has 360 degree views of Maroochydore Beach, the Mooloolaba Lighthouse and Mount Coolum and the hinterland beyond.

“I have always done a certain amount of giving when I have seen people in need,” he said.

“My own family are all well set-up, though not in an extravagant way, and I felt the RBWH Foundation needed the funding in this instance.”

Mr Drake operated Drake Homes and Pryde Timbers with the assistance of his family for many years.

The two-floor penthouse was purchased for $2.75m six years ago.

Selling agent Bruce Goddard, from Place Projects, said the abode boasted a stunning outlook.

“When you walk through the doors, the views will take your breath away,” he said.

“This stunning beachside penthouse also comes with a rooftop pool and sauna; if it were on the market in Melbourne or Sydney, it would sell for more than $20 million, so I think a buyer will find great value in this lifestyle home,” he said.

Place Projects is donating its commission to the foundation.

A spacious living room.

This grand dame dual-level penthouse is just minutes from the golden sands of Maroochydore Beach.

This four-bedroom prestige property also includes a home theatre, sauna, wine cellar, three living areas and spectacular views from the multiple balconies.

There are sophisticated details, including lofty ceilings, curved walls, plantation shutters, bi-fold doors and full-height glass features.

The modern kitchen.

RBWH Foundation CEO, Simone Garske, said the foundation was incredibly grateful to the Drakes for their generosity.

“The funds from the sale of the property will allow research projects, such as clinical trials, to occur and be expanded when necessary, so we get answers faster,” she said.

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There are multiple balconies, with stunning views.

She said it was Mr Drake’s desire to have the funds support COVID-19 research.

“We know most people are COVID-19 fatigued, but it is still significantly impacting lives.”

“A new strain has been discovered in Victoria and it is incredibly important that we continue research so we can make informed decisions.”

For the listing and more information, see Place Projects.

The stairwell leads to another large floor of the penthouse.
One of four bedrooms.
A stylish bathroom.
There’s plenty of space on the top floor.
Another sleek bathroom.
A sauna to unwind.

 

 

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