A trophy property in Sorrento that traded for $7m at public sale is the best residential sale on the Gold Coast this week.
Kollosche brokers Sam Guo and Julia Kuo dealt with the public sale of 14 Kookaburra Court docket, a luxurious two-level residence in some extent place on the riverfront.
“We had about 40 to 50 folks turned up and three registered bidders,” Mr Guo mentioned.
“The potential consumers had been from Sydney, Brisbane and the Gold Coast.
“The 2 consumers from Sydney and Brisbane had been competing for the property however the native household jumped in on the final minute and ended up shopping for the property.”
The sale is the best within the Isle of Sorrento, an unique enclave within the suburb of Bundall.
“It’s a really effectively constructed and effectively designed residence,” Mr Guo mentioned.
Data reveal the property final modified fingers for $3.4m in 2014.
“This he space may be very unique — solely individuals who dwell there come out and in.
“It’s a household pleasant space with in depth huge water and delightful waterways.
“It’s additionally very central to Surfers Paradise, Broadbeach and Southport.”
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Described as best for household dwelling and entertaining, the residence is on a 986sq m bloc with 33m of river frontage.
The four-bedroom home options northeast views over the river in direction of the Surfers Paradise skyline.
There are a number of totally different dwelling zones in addition to a media room, govt workplace and examine nook.
Entertain in fashion with an alfresco space with built-in barbecue overlooking the pool and spa.
Different options embody a pontoon, boat shed, triple storage and double-sided fire.
Sorrento is an enclave in Bundall the place the median home value is $2.1m, up 10.5 per cent over 12 months.
The best sale ever recorded in Bundall was $11.5m, paid earlier this 12 months for 8 Marseille Court docket.
Mr Guo mentioned consumers had been shifting shortly on luxurious properties on the Gold Coast.
“Astute consumers are very educated — if a property presents good worth with a great facet, consumers they’ll make their determination fairly shortly,” Mr Guo mentioned.
“They perceive good inventory doesn’t come up fairly often.
“With 14 Kookaburra Court docket, you needed to wait 10 years for it to come back again available on the market.”