A four-bedroom home in Mermaid Waters garnered so much interest that buyers from Denmark, Saudi Arabia and the United States inspected the property on FaceTime.
But it was a Queensland buyer who snapped up the waterfront home at 20 Tequila Court for $1.71 million.
20 Tequila Court, Mermaid Waters QLD 4218
It was the first time the home, on the Gold Coast close to Broadbeach, had been offered for sale since being built 36 years ago.
Ray White Mermaid Beach co-principal Conner Malan said the buyer, a woman from Toowoomba, was one of 14 registered bidders on the day.
“She used an advocate, who was very flamboyant,” Mr Malan said. “He was bidding in eights trying to convince the other bidders he was bidding for a Chinese buyer.”
The winning bidder would now be calling the property her forever home, and was planning on some renovations, he said.
The property was one of almost 50 auctions held at the weekend across South East Queensland.
Brisbane’s preliminary auction clearance rate sat at 52 per cent, after 46 auctions were scheduled and 25 results reported. Five properties were withdrawn from auction on Saturday.
In Brisbane’s western suburbs, 23 buyers registered to bid on a very popular property.
The property, at 7 Salisbury Street, Indooroopilly, had a four-bedroom removable home on a double block of land, which many buyers were interested in.
7 Salisbury Street, Indooroopilly QLD 4068
The home was snapped up by a developer/investor for $1,191,000 after an action-packed auction.
Doug Disher Real Estate director Doug Disher said bidding opened at $1 million, setting the scene for other buyers.
“There were some people there because they wanted to be close to schools,” Mr Disher said.
So many people turned up for the auction that some had to be asked to move onto the street or a safe distance away to allow for COVID-19 social distancing.
The vendor, who lives overseas, watched the action unfold through a live stream, Mr Disher said.
“They were selling because the home was surplus to their needs,” he said. “[They] were delighted with the result.”
In Bulimba, in Brisbane’s north-east, a four-bedroom Queenslander on a low-maintenance block at 7 Birkalla Street sold under the hammer for $1,452,500.
7 Birkalla Street, Bulimba QLD 4171
Ray White Bulimba’s Jonathan Peck said the vendors, who had owned the property for 10 years, undertook a full renovation four years ago.
“They’re delighted to be able to move onto their next chapter,” Mr Peck said.
Eight buyers registered to bid on the property that had been inspected by more than 60 people in the past four weeks, Mr Peck said.
“The Brisbane property market continues to be red hot and Bulimba has now been on an upward trajectory for some time – it’s great to see so many buyers out and about,” he said.
Another fully renovated Queenslander at 19 Gordon Street, Hendra, sold under the hammer on Saturday, for $1,058,000.
19 Gordon Street, Hendra QLD 4011
Ray White Metro North’s Jon Finney said in the end it came down to two bidders, both young professionals, wanting to buy the home, which included large, decked outdoor entertaining areas.
“The winning bidder had missed out on three previous properties so they were determined to buy it with a capital D,” Mr Finney said.
The vendors, meanwhile, offloaded the home to make a full-time move to the Sunshine Coast, he said. Such sales showed how strong Brisbane’s auction market had become in the latter part of 2020.
“The confidence is here as strongly as it was lacking last year,” Mr Finney said. “There’s been a massive turnaround – it’s like a massive light switch has been flicked on.”
This article is republished from domain.com under a Creative Commons license. Read the original article.
from Queensland Property Investor https://ift.tt/3o0KWCp
via IFTTT
