Gold Coast auctions: Massive 19 properties go under the hammer
Millions have already changed hands on the Gold Coast as a massive 19 properties went under the hammer Wednesday, with one block of land selling for almost 50pc more than it did two years ago – a $1.2m jump.
The double block of land in Miami a stones throw from the beach sold for $3.5m, Harcourts Coastal agent Brian Goodgame confirmed. It was a $1.2m increase in price from its last sale that he also took to market in January 2019.
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Wednesday’s list of auctions replaced the normal Saturday line-up because of the Easter holiday period, with auctioneers keeping a keen eye on the evolving COVID-19 lockdown situation spreading from Greater Brisbane.
While the local government areas of Brisbane, Moreton Bay Region, Redland City, Ipswich and Logan City have strict rules surrounding real estate sales activity during the lockdown period to 5pm April 1 – including open house inspections restricted to private appointments only – those on the Gold Coast must currently ensure that they are masked, check in at venues and keep to social distancing rules including one person per 2sq m.
Here’s the 19-strong line-up of Wednesday auctions:
22-24 Riviera Road, Miami, Qld 4220
SOLD! A pure land auction set for 11am was cancelled after developers from the Sunshine Coast scooped up this site ahead of schedule – zoned for medium density residential projects.
Harcourts Coastal agent Brian Goodgame had sold the block in January 2019 for $2.3m and saw it achieve a massive $3.5m this time around as the coast market demand continues to sizzle.
It has three multiple offers with the new Sunshine Coast owners planning to build villas on the double redevelopment site which has one 405sq m block and one 549sq m block “ideal to build triplexes or a block of apartments on”.
“Miami beachside is a very tightly held suburb and very hard to buy into,” was how Mr Goodgame described it, saying “opportunities like this are few and far between”.
45/326 Marine Parade, Labrador, Qld 4215
SOLD! One of the first properties to get pulled off the auction list, this 142sq m three bedroom, two bathroom, two car garage apartment sold for $940,000.
It had been scheduled to go under the hammer at 11am, but Harcourts Coastal agent Trish Walls told the Gold Coast Bulletin that a prior offer went unconditional on Monday to a local buyer.
“I did have enquiries from interstate from investors and people looking for pre-retirement property but the majority of the interest was from local downsizers. It has stunning 270 degree views looking across the seaway north to Stradbroke and south to the city skyline.”
The deceased estate had hit the market as a “must sell” is located in Deepwater Point – “a highly regarded residential only beautifully kept luxury building”.
60 Honeyeater Drive, Burleigh Waters, Qld 4220
SOLD! Fifteen bidders registered to make a play for a stunning four bedroom, four bathroom, two car garage waterfront house at 60 Honeyeater Drive in Burleigh Waters.
The home, which sits on a large 892sq m block sold under the hammer for $1.9m, Harcourts Coastal agent Guy Powell confirmed.
He said the opening bid was $1m which then jumped in $100,000 bids until it reached $1.5m before bids of $1.55m and $1.6m were made. Bidding slowed around the $1.65m to $1.7m mark but there were still five bidders active at that stage – three of whom were Gold Coast locals and two interstate buyers.
“Two local bidders fought it out through $1.7m into $1.8m range and it was announced on the market at $1.81m,” he said. “A Melbourne buyer kicked in once announced on the market and went head-to-head with a local buyer all the way up to $1.9m which it sold for.”
The Melbourne buyer has relocated into the coast.
Mr Powell had described the property as one where “you will feel like you are on holiday every day”. Among its charms the home has a self-contained guest retreat complete with full kitchen, storage and ensuite.
Rent appraisal was between $1000 to $1200 a week for the large home which has an in-ground saltwater pool as well as a covered entertaining area that even has a beer tap.
20 Third Avenue, Labrador, Qld 4215
SOLD! Four bidders registered to battle it out for this “nearly new” luxury four bedroom house with three bathrooms and four car spaces.
The auction held at the Southport Sharks venue on the corner of Olsen Avenue and Musgrave Avenue saw the home sell for $866,000 under the hammer, LJ Hooker – Broadwater agent Ana Tulloch confirmed.
The Chirn Park area was said to be very sought after especially by young professional families.
The home includes a large office near the entry and is 50 metres from the local park and 250 metres from local cafes, health shops and restaurants.
14 Driver Court, Mermaid Waters, Qld 4218
SOLD! A four bedroom, two bathroom, double garage house on a large 719sq m of land which passed in at auction on Wednesday has since sold unconditionally in post auction negotiations, Ray White CG – Mermaid Beach agent Conner Malan confirmed.
Mr Malan, who took the property to market with colleague Daniel Donovan, said a deal was signed off on Thursday for $1.6m for the unconditional sale, with the buyer having been the second highest bidder at the auction.
The home was described as perfect for those who might be missing their annual Indonesian escape – plus it has a huge rent appraisal of $1,100 to $1,150 per week.
”This Balinese-inspired waterfront home delivers that beachy, laid-back holiday-at-home feeling you’ve been longing for.”
2 Tongarra Street, Southport, Qld 4215
PASSED IN: There were six bidders registered for this 1970s four bedroom, one bathroom, two car garage house on a 506sq m at popular Southport. The property passed in at $580,000, and agent Mitchell Lambert of Harcourts Coastal said it would now be listed for private treaty sale.
The owner’s asking price is $650,000 via private treaty. The home is one that’s crying out for renovators looking to add value or those looking for their next new home project site.
“This 1970s home offers huge potential for great change,” was how Mr Lambert described it.
The location close to the TSS precinct, Ferry Road markets and the Broadwater “lends itself to making this one of Southport’s most desirable renovators”.
2/15 Inga Avenue, Surfers Paradise, Qld 4217
This three bedroom, three bathroom, double garage townhouse is larger than most with stunning city skyline views off the back deck. It’s one of several properties that went to auction at 11am across the coast.
Harcourts Coastal agent Vicki Barr described it as being “not just a townhome, it is a private oasis”.
The home is close to the glamorous Isle of Capri shopping precinct with restaurant and cafes, with beaches and bars close by.
652 Nerang Broadbeach Road, Carrara, Qld 4211
There’s a four bedroom, three bedroom home on this riverfront acreage site, but this one is going to be all about the land and its potential.
Set for auction at 11am in room at 1/16 Queensland Avenue, Broadbeach, Harcourts Coastal agent Katrina Walsh described it as “incredibly rare” on market.
The prestige homesite has a massive 4,047sq m of prime riverfront land with 31m waterfrontage just 10 minutes from Broadbeach.
“This once in a lifetime opportunity represents extraordinary value when compared with other riverfront offerings. Capitalise on the land size and location, build your dream luxury home or explore high-end development in one of Gold Coast’s finest locations,” is how she listed it.
1 Terrace Court, Merrimac, Qld 4226
This four bedroom, three bathroom, six car garage home sits on a large 735sq m with every inch focused on creating a tropical holiday home feel.
Harcourts Coastal agent Rob Prior has it set to go under the hammer at 11am, listing it as “the jewel of Merrimac” with stunning views of the city skyline.
“This tropical retreat has a contemporary Balinese exotic style with a modern twist,” was his description.
Its charms include a designer kitchen, wine cellar and stunning free form tropical resort style pool and entertainment space, including a spa. There’s also a downstairs parents retreat that’s fully self-contained and wheelchair friendly, with its own completely separate street access, large living area, a new kitchen, with space for an office as well.
20 Pelican Place, Mudgeeraba, Qld 4213
One for the more discerning of buyers, this six bedroom, five bathroom, three car garage home is on a stunning two acre site.
Set for auction at 11am at in room auctions at level 1/16 Queensland Avenue, Broadbeach, Harcourts Coastal agent Katrina Walsh said it was a “lifestyle sanctuary”.
Architect-designed with a pure lifestyle focus, the property has manicured grounds, a dam, and sits in the exclusive Jabiru Estate.
Among its features are a full-size floodlit tennis court, pool and spa, poolside pavilion, executive office, dedicated media room, separate sitting room, open-plan luxury kitchen, dining and living with feature fireplace and there’s even a parent’s retreat with ensuite, study, balcony and walk-in robe.
7 Kelly Avenue, Miami, Qld 4220
One of the most exciting properties on the market today is this five bedroom, three bathroom, one car garage home which has insane water views.
Set for auction at 11am in room at level 1/16 Queensland Avenue, Broadbeach, Harcourts Coastal agent Katrina Walsh described it as “a sought-after beachside address fringing the in-demand southern social suburbs of Miami and Burleigh Heads”.
“The 405sq m blue-chip development site, just footsteps from scenic Miami Headland and the sands and surf of North Burleigh Beach, fronts 13.5 metres of sweeping ocean views” was how it was listed with a multitude of options including retain, rent, renovate, redevelop or rebuild.
1/7 Dowling Drive, Southport, Qld 4215
A two bedroom, one bathroom, two car garage duplex in Southport is set to sell at 11am under the hammer, if not sold prior.
Harcourts Coastal agent Lisa Amies-Jones said she had “clear instructions to sell” the Tudor inspired duplex today.
She described the property as having such attention to detail in its style “you will fall in love with the original windows, timber staircase and barn style living area”.
The site has no body corporate fees, just shared insurance costs of $20 a week and individual water metres.
15/13-15 Anne Avenue, Broadbeach, Qld 4218
A unique two storey apartment in Broadbeach goes under the hammer at 11am. Agent Campbell Moore of Harcourts Coastal listed the one bedroom, two bathroom, one car space unit as being fully furnished and spanning about 106sq m.
“This unique property has got it all,” is how he described it. “Two levels, both with the biggest balconies you could imagine, and ever so affordable. Nestled on Level 3 and 4 (top floor), it provides flexibility of tenure.”
Currently tenanted at $420pw, options included using the apartment at two different homes on two levels including for Airbnb or holiday letting with the beach 200 metres away.
49-51 Harley Street, Labrador, Qld 4215
A large double block of 2,681sq m hits the auction block at 5,30pm, with the site already containing a renovated three bedroom, two bathroom, two car space house.
The auction, which will be held at Southport Sharks Club, was listed by LJ Hooker – Broadwater agent Ben Fisher as having “loads of potential”.
“Perhaps the last great bushland lot in Labrador, situated in a never-to-be-built-out natural setting, protected by council reserve and framed by Biggera Creek.”
Even better for those looking to add value, the site is zoned medium density (residential) – “a boon for savvy developers”.
1/9 Baker Avenue, Labrador, Qld 4215
Also hitting the auction block at 5.30pm today at the Southport Sharks Club is this two storey, two bedroom apartment.
LJ Hooker – Broadwater agent Laura van der Laan said the unit was a “huge 169sq m”.
“You will be amazed by the space in this enormous, solid, two level, two-bedroom unit in a boutique building of just six. One street back from the stunning Broadwater and just minutes to all amenities.”
It even has an internal access garage to go with it, body corporate fees are about $35 a week and it’s currently tenanted at $420 a week.
13 Marina Parade, Jacobs Well, Qld 4208
A classic waterfront entertainer is how this four bedroom, three bathroom, two car garage home was listed. It sits on a large 803sq m block and is set to go under the hammer at 5.30pm.
Belize Property – Jacobs Well agent Trish Pearman has this one pegged as a boaties dream property with a pontoon with power, water and jetski/tinny rollers.
“There are no bridges, it takes minutes to be enjoying the waterways of Moreton Bay and the Gold Coast Broadwater from the canals of Calypso Bay. Spend your boating time visiting the sights South Stradbroke Island has on offer, including Jumpinpin for the keen fisherman, Tipplers for a meal or drinks, Couran Cove Resort, or cruise to Sanctuary Cove for some finer dining, otherwise just anchor up with friends and enjoy your day out.”
5/33 Clark Street, Biggera Waters, Qld 4216
A three bedroom townhouse with two bathrooms and a double garage is set for auction at 6pm at the Sharks Club Southport.
LJ Hooker – Broadwater agent Ben Fisher said “tightly held, quality townhomes in this private section of the complex rarely become available and are always in high demand”.
The double storey property is 500 metres to the Broadwater and is already tenanted with a long lease in place. The complex includes on-site management, a massive resort style pool with spa and sauna, as well as a private residents-only cinema and fully equipped gym.
7 Parkview Court, Southport, Qld 4215
First time to market in more than 40 years is this four bedroom, two bathroom, double garage house in high demand Southport.
The property is set for auction at 6pm today at Southport Sharks Club, with LJ Hooker – Broadwater agent Ben Fisher describing it as one that “will remind you exactly why Southport is known as the vibrant heart of the Gold Coast”.
The house has three bedrooms and a study upstairs and a self-contained studio downstairs with features including a $5,000 stair lift chair.
“The bones are strong with this master-built 1980s home, the architectural details are unique, and the home has a story to tell.”
36 Chester Terrace, Southport, Qld 4215
A massive seven bedroom, four bathroom, four car space, two kitchen property is set for auction at 6pm at Southport Sharks Club.
LJ Hooker – Broadwater agent Ben Fisher said the property was council approved as a private boarding accommodation with seven tenancies in place bringing in over $1,500 a week.
“A capital-intensive reconfiguration has allowed the current seven non-related occupants to live in comfort and privacy and there is approval for another three bedrooms so up to 10 non-related persons to reside at the dwelling.”
It’s also a short stroll to Australia Fair, the light rail and the CBD strip.
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