3 minute read  •  Featured, Mater Prize Home

What are the benefits of living in a penthouse

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The notion of a penthouse as an apartment on the top floor of a tall building was born during the New York City construction boom of the 1920s. Known for their elegant interiors and magnificent views, penthouses have always been associated with the luxurious lifestyles of movie stars, heiresses and billionaires.

Here we go beyond their prestigious heritage to examine a few of the real-life benefits of owning a penthouse.

Unobstructed, panoramic views

The first (and possibly most obvious) benefit of living on top of a building has to be the magnificent views. Penthouse owners on the Gold Coast enjoy endless ocean views that stretch out for miles to the east. To the west, they are treated to the rolling green hills of the hinterland that provide the perfect setting for stunning sunsets.

Enter the latest Mater Prize Home lottery for your chance to win a Palm Beach penthouse where you could spend every day taking in these spectacular views.

Serenity and seclusion

Even in the most peaceful of neighbourhoods, it’s great to have a quiet spot to enjoy your downtime in privacy. Your penthouse provides the perfect peaceful place to unwind. Plus, you’ll never have upstairs neighbours scraping chairs or moving about overhead in the dead of night.

Private outdoor areas

Apartment living is great for resort-style living. However, it can be difficult to find sufficient private outdoor space to accommodate guests without feeling cramped. Penthouses typically offer spacious outdoor entertainment and alfresco dining areas where you and your guests can relax and enjoy each other’s company in private.

The Palm Beach penthouse that you could win in the latest Mater Prize Home lottery, for instance, has a spacious balcony, with spectacular unobstructed views of the ocean and the hinterland, which is perfect for alfresco dining, sundowners or cocktail parties.

Living the high life

The glitz and glamour of penthouse living is especially appealing when combined with the incredible feeling you get every time you enter the lift and hit the button for the penthouse. You’re living the high life now!

Excellent market value and resilience

Considering all the above advantages, it is no wonder that penthouses sell for much more than non-penthouse apartments and tend to be less affected by market volatility.

WIN a luxury Palm Beach penthouse!

What better place to enjoy the benefits of penthouse living than in beautiful Palm Beach? Perfectly situated just 5 minutes from Burleigh Heads, 10 minutes from the Coolangatta airport and 15 minutes from Surfers Paradise, this sought-after area is a three-time winner of the title of Queensland’s cleanest beach and provides the perfect balance of a peaceful lifestyle with plenty of options for entertainment.

It has come a long way since the 1960s when it was best known for offering affordable ‘holiday homes for the working man’. Recently, this serene surfside suburb has been attracting discerning residents who are driving real estate prices to new heights. As a result, you’re spoiled for choice when it comes to fresh local haunts where you can while away the weekends.

You could WIN a luxury 3-bedroom, 2-bathroom Palm Beach penthouse plus $125,000 in cashable gold bullion in the latest Mater Prize Home lottery No. 293!

Move-in and enjoy all these benefits, rent it out for excellent returns, estimated at $78,000 pa (furnished) and $67,600 (unfurnished), or sell it and enjoy financial freedom your way. The choice is yours!

Buy your tickets today for your chance to win!

Your support of Mater Prize Home lotteries provides much-needed funds to deliver better health outcomes to people living in your community.

Buy your tickets today to win this Mater Prize Home lottery and move into this luxurious Palm Beach Penthouse in 2021. For every ticket purchased, you will be helping support the life-changing medical research and patient care at Mater.

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