Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Waterfront Attraction; Auction Brings Bidding with Some Work Still to Be Done

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Waterfront Attraction; Auction Brings Bidding with Some Work Still to Be Done

Article excerpt

WORKING with mostly local buyers for 10 Tripcony Ct, Ben Wilson of Code Property Group also met with people from further afield, many of who were attracted by the quality of the property, the water frontage and deep-water access.

"Buyers as far as New Zealand showed genuine interest," said Ben. "The home has a great feel to it and it's been well cared for."

Auctioneer Matt Glynn took the $1m offer to open the auction and continued to work the bidding to $1.05m.

A pause revealed an increase to $1.15m and negotiations are continuing.

Well bid

THE apartment was always going to be highly sought and bidders didn't disappoint.

Unfortunately for five buyers though, there can only be one successful buyer and the disappointment showed as others had to farewell their dreams of enjoying the sensational coastal views of apartment 58 Chateau Royale.

A spacious three-bedroom, two-bath residence, 39/12 Memorial Ave, Cotton Tree, attracted a good crowd and six registered bidders.

Asking for a start of $500,000, the auctioneer was soon met with $600,000.

In asking for a similar increase, a bidder proffered $630,000. And on the bids went, in a multitude of rises.

The auctioneer announced he would "seek counsel" with the highest bidders and the sellers.

He and Damien Said of Century 21 on Duporth went into talks with both parties, eventually reaching agreement at $1m.

Worthwhile

LOCALS who'd been on the look-out for some time have eventually found their next home.

Greg Moore of North Shore Realty registered two buyers for 10 Spinnaker Dr.

A start of $620,000 succeeded in getting the action going with little need of negotiations off the floor.

Both buyers took the bidding to the reserve and beyond, with the hammer falling for $670,000.

"The successful buyers believe this enclave is conveniently sandwiched between two high quality areas - the Mount Coolum Boardwalk and Whitehaven Estate," reported Mr Moore.

"And that it should only be a matter of time before the area sees growth in value."

Sale follows another

HAVING just four units in the complex is attractive for most buyers, particularly so when the unit above sold recently and there were left over buyers looking to secure.

James Goldsworthy of Ray White Mooloolaba took 2/15 Barooga Cres to auction with four buyers hoping to receive the auctioneer's nod.

The seller of more than the past decade is Brisbane based and only utilised the property as a holiday home.

"He decided to take advantage of buyer interest and we went into an auction campaign," said James.

"The buyer at $330,000 is a local investor and sees potential in the building, the land and the area."

Waterfront sale

BUILT more than a decade ago and timeless in design, 8 The Anchorage, Noosa Waters, features sought-after northerly water views from almost every room and living space. …

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