International buyers among those bustling for reducing number of waterfront properties

A leading real estate agent says the number of waterfront properties is diminishing in the south-east, making them more valuable than ever.

Linda Feltman, of Henzells Agency, said prospective buyers from Australia and overseas were jostling for the limited number of homes by the water.

A stunning Pelican Waters residence, marketed by Ms Feltman, has just sold for $3.85m after it attracted strong international interest.

No.32 The Passage eventually sold to undisclosed Canadian buyers for a street record price and the highest price in the suburb this year.

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The property was sold to Canadian buyers.

“It is pretty evident from this result, the market is showing no signs of slowing down in the highly sought after Pelican Waters,” Ms Feltman said via a press release.

“This high-end sale attracted interest from across the globe.

“The property received interest from interstate buyers, but more importantly the international interest was strong from Dubai, Hong Kong and Miami, with the eventual buyer coming from Canada.”

She said homes by the water were more limited and highly prized.

“People are realising that waterfront opportunities in the south-east corner are fast diminishing,” she said.

“Pelican Waters is seen as a premium lifestyle destination, with the emerging world-class marina precinct only adding to its appeal.”

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A spacious living area at 32 The Passage.

The new owners will enjoy a choice of covered alfresco zones, a 68sqm over-water deck with cafe lighting, freshwater resort pool and private pontoon with power winch for boats up to two tonnes.

The property features five bedrooms plus a lift to the upper level, which features a grand master suite with kitchenette, ensuite, dressing room and private balcony with panoramic water views.

“From the moment you walk through the gatehouse of 32 The Passage, you can’t help but be wowed by the manicured surrounds and breathtaking canal vistas, low-maintenance gardens and stonemason-laid feature sandstone walls and stairs,” Ms Feltman said.

“It also features oversized garaging purposely built to accommodate the largest of RVs or caravan.”

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No.32 The Passage, Pelican Waters

Auction results

22 Janderra Street, Buderim

Passed in at $800,000

5 Bed, 3 Bath, 3 Car

Ray White, Pam Thomas & Sarah Olsen

14/123 Brisbane Road, Mooloolaba

Sold under the hammer for $850,000

2 Bed, 2 Bath, 1 Car

Ray White, Peter King

29 Pretella Street, Wurtulla

Passed in at $1,018,000; on the market for $1,200,000

3 Bed, 1 Bath, 2 Car

Ray White, Ryan Cramer & Ray Bradeley

11 Coachwood Street, Buderim

Sold under the hammer for $1,510,000

4 Bed, 2 Bath, 2 Car

Ray White, Gregory Ward

7/3 Orient Court, Buderim

Sold prior to auction for $770,000

3 Bed, 2 Bath, 2 Car

Ray White, Gregory Ward

Articles source: www.sunshinecoastnews.com.au