Buyer dives in quickly
Auction day was just too far away for one very enthusiastic buyer who paid millions for a five-bedroom waterfront mansion at Palm Beach
A “DREAM home” on a prime waterfront block in Palm Beach has been snapped up for a multimillion-dollar sum prior to auction.
The waterfront property sold within two weeks of hitting the market ahead of its scheduled auction on December 2.
The residence was on the cover of the Gold Coast Bulletin’s Realestate last weekend.
The five-bedroom, four-bathroom home at Barracuda Court was built by vendors Ian and Jill Campbell.
Katrina Walsh of Harcourts Coastal marketed the property.
“The purchaser wanted to snap up the property prior to it going to auction,” Ms Walsh said. “They recognised the beautiful property and put in an offer to make sure they owned it.” She declined to disclose the purchase price. Property records show the couple bought the 1085 sq m block in 2008 for $1.25 million. The Campbells told the Bulletin it was their “dream block” after waiting 28 years for something like it to become available on the point.
In other news, the Real Estate Institute of Queensland has announced its finalists for its Awards for Excellence, to be held on March 3, 2018.
Among the Gold Coast finalists are Justin Nickerson (Auctioneer of the Year), Tony Coughran (Buyers’ Agent of the Year), Luke Henderson (Residential Salesperson of the Year) and Rachael Byrne (Residential Property Manager of the Year).
Other finalists include Colliers International Gold Coast (Commercial Agency of the Year), Harcourts Coastal (Large Residential Agency of the Year), Jean Brown Properties (Medium Residential Agency of the Year) and LJ Hooker Ormeau (Community Service Award).
Emily-Jane Megraw, Jo Bailey-Green and Skye Mead were also announced as finalists for the Corporate Support Person of the Year award.
34 Barracuda Court, Palm Beach, was snapped up before its scheduled auction.