103-105 Hedges Ave, Mermaid Beach sold for $11.6 million – the highest on the Gold Coast this year.A BEACHFRONT house on the Gold Coast’s Millionaire’s Row holds the highest price paid for a property on the Gold Coast this year after trading for $11.6 million.The home, at 103-105 Hedges Ave, has been bought by an interstate buyer.The Frost sale was achieved by Kollosche Prestige Agents principal Michael Kollosche and Prestige Property’s Harry Kakavas. 3250/23 Ferny Ave, Surfers Paradise. 3250/23 Ferny Ave, Surfers Paradise. 3-7 Sir Lancelot Close, Sovereign Islands. 3-7 Sir Lancelot Close, Sovereign Islands changed hands for more than $11 million. Coming in at a close second is another mega mansion, this time on the Sovereign Islands that sold for $11 million.Amir Mian, principal of Prestige Property Agents, confirmed last month’s sale of ‘Grande Vista’ on the Sovereign Islands but would not disclose the sale price. 31-33 The Corso Isle Of Capri sold for $8.8 million. 8-10 Marseille Court, Sorrento changed hands for $9 million. 8-10 Marseille Court, Sorrento. A Surfers Paradise apartment rounds out the top three sales of 2018 — it sold for $9.5 million in January.The luxurious skyhome at the Towers of Chevron Renaissance, which spans the 39th and 40th floors, is on one of the most popular tourists strips in the country and took two years to build.It has four bedrooms, five bathrooms, 21 car spaces and panoramic views over the city, beaches, main river and Gold Coast hinterland. TOP FIVE SALES — 103-105 Hedges Ave, Mermaid Beach, $11.6 million— 3-7 Sir Lancelot Close, more than $11 million— 3250/23 Ferny Ave, Surfers Paradise, $9.5 million— 8-10 Marseille Court, Bundall, $9 million— 31-33 The Corso, Isle of Capri, $8.8 million 103-105 Hedges Ave, Mermaid Beach.The sale is the fourth largest on the Mermaid beachfront since the strip’s GFC-induced doldrums, with one of the sales — former Billabong investor Scott Perrin’s Gold Coast residential record $25 million deal on his home Tidemark — leading the way.The new owner of the Alan Frost property gets a house with three ensuite bedrooms, a guest retreat, study, lap pool, and a basement with a media room, wet bar, powder room, and parking for six cars. 3-7 Sir Lancelot Close, Sovereign Islands.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoIt’s just over $11 million,” Mr Mian said.“It is the highest sale on the Sovereign Islands.”“A local buyer will be moving into it.”The property, at 3-7 Sir Lancelot Close, now holds the sales record on the Sovereign Islands — the record was previously held by Baltimore, a mega mansion that changed hands for $11 million in 2006.