Weekend Gold Coast Bulletin - Property

Hotel iso bid wins

Two luxury properties have sold sight unseen to buyers eager to secure a home on the Coast

- WORDS: JANELLE ESTREICH

AN interstate buyer has purchased an opulent waterfront mansion in Clear Island Waters under the hammer for $2.46 million from inside a quarantine hotel in Adelaide.

Having recently returned from Singapore, the buyer relied on photos, video and a virtual tour before registerin­g to bid on 8 Istana View last Saturday.

The tri-level masterpiec­e is one of the largest homes in the exclusive Isles of Istana estate, with six ensuited bedrooms on a 1008sqm block and 28m water frontage.

“The grand scale of the house really appealed to the buyer,” said agent Sam Guo, who led the auction campaign alongside Julia Kuo of Ray White CG – Broadbeach.

“The buyer bid over the phone from her hotel room in quarantine.”

Also last week, a Melbourne buyer relied on a FaceTime tour led by friends living locally before signing a $2.488 million cash, unconditio­nal contract on 88 Gibraltar Drive, Isle of Capri.

The near new contempora­ry home with five bedrooms across two levels overlooks the water with a sandy beach and boat ramp.

“These lockdowns in Melbourne have made people more eager to move to the Gold Coast,” Mr Guo said.

“That buyer has now asked me to find properties for two or three other friends wanting to move also.”

Mr Guo said the space and affordabil­ity of

Gold Coast real estate was more appealing than ever to city buyers.

“In the event of further lockdowns, having a backyard and pool as well as good weather offers a good environmen­t to be in,” he said.

New listings are yet to catch up with the growing demand for modern houses priced between $2 million and $3 million, Mr Guo said.

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 ??  ?? An interstate bidder paid $2.46m bid for 8 Istana View, Clear Island Waters (top and above left) while a Melbourne buyer bought 88 Gibraltar Drive, Isle of Capri for $2.488m via FaceTime.
An interstate bidder paid $2.46m bid for 8 Istana View, Clear Island Waters (top and above left) while a Melbourne buyer bought 88 Gibraltar Drive, Isle of Capri for $2.488m via FaceTime.
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