Real Estate

Local buyer forks out more than $2m to secure dream Gold Coast home

Local buyer forks out more than $2m to secure dream Gold Coast home
Written by The ReReport
As seen in the Source link, written by on 2019-03-08 04:07:33

The property at 24 Winch Court, Mermaid Waters sold for more than $2 million.

A GOLD Coast family has splashed more than $2 million on a waterfront property they plan to call their “forever home”.

They managed to fend off about a dozen interstate buyers who were also vying for the Mermaid Waters residence.

Marketing agent Kurt Reid, of John Reid Real Estate, said its northeast facing position was what ultimately attracted house hunters in droves.

“That was the biggest drawcard of the property,” he said.

The pool is among its many features.

There is plenty of space to entertain in and out.

“It came down to aspect and there’s not many places on the Gold Coast that offer that aspect and that kind of water frontage.”

Mr Reid said the property attracted a lot of interest in the lead up to its $2.125 million sale last week, including about five buyers from Sydney and a few others from Melbourne.

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“About 90 per cent of interest … was all (from) Sydney and Melbourne buyers,” he said.

Mr Reid said the local buyers planned to renovated the six bedroom, four bathroom house, which they bought as a “forever home”. “They’re going to do some minor works to the property over the next few years,” he said.

The property comes with its own private beach.

The property hit the market in June last year under another agent before John Reid Real Estate took over.

It was scheduled to go to auction before a $2.649 million price tag was put on it, which was later reduced further.

The sale was one of a handful of million-dollar deals made in the past week.

A dated brick house on Millionaires’ Row changed hands for $1,771,500 for the first time in six decades at the weekend, while the $8.25 million sale of a Main Beach penthouse last week marked the highest for the year so far.