Founder of House & Garden, Bob and Katrina Ferres have put their tropical retreat on the market
14/131 Morala Avenue, Runaway Bay.“We have had the home for a while and the renovation really freshens it up,” Mr Ferres said.“My wife is an interior decorator so she opened it up and made it light and bright.“It is a really relaxing space to be in.”Mr Ferres said he spends most of his time outside in the alfresco area. The pool us surrounded by manicured lawns and tropical gardens. “I like to sit out there and have my coffee,” he said. 14/131 Morala Avenue, Runaway Bay.“I am really proud of my neighbourhood, it’s safe and secure and the reason we are moving is because our neighbours have moved,” he said. “They moved to Montego Hills and it turns out there is a house for sale next door to them.“It is kind of a funny story but we decided to stay neighbours with them and buy there.” The home at 14/131 Morala Ave has an open-plan living area with a modern style. A wine cellar adds a touch of luxury to the design. 14/131 Morala Avenue, Runaway Bay.The home in the Seaquester Quays estate sprawls out on a 980sq m block and includes a 10m private marina berth. The couple said they recently spent more than $250,000 on renovations. “We moved here from the Hunter Valley in 1990 and it was the first place we bought,” Mr Ferres said. 14/131 Morala Avenue, Runaway Bay.HOMEOWNERS Bob and Katrina Ferres are parting ways with their Runaway Bay home after 27 years.The couple, who founded homewares chain House & Garden in 1984, said the five-bedroom home was a perfect fit for their family. 14/131 Morala Avenue, Runaway Bay.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“We founded the business in the Hunter Valley and brought it to the Gold Coast.“We haven’t moved since because we just couldn’t think of any place better to live. “The estate has two tennis courts and I get up every morning and go to Southport for a swim.”Mr Ferres said he had been in the estate so long he was the trees user of the body corporate.