Land grab: two blocks sold for nearly $10 million in a locked auction

Two waterfront lands were sold for nearly US$10 million as buyers began to gain a foothold in Queensland’s booming real estate market, and millions of people changed hands in the Covid-19 lock-in auction.

On Wednesday, more than 20 houses on the Gold Coast tested the demand of buyers. About half of the houses sold for nearly US$17 million, most of which came from these two pieces of land.

Ray White Queensland conducts auctions through Google Meet, 150 bidders log in, and the rest of the bidders must dial in by phone to bid for one of the most popular areas in the country.

more: Tools for real estate, virtual auctions, and inspections are closed

Despite Queensland’s Covid-19 lockdown, millions of people have changed hands

Ali Mian, the agent of Ray White Sovereign Islands, and his colleague Edin Kara supervised the marketing of these two plots, which have a total area of ​​1.5 hectares.

One of two blocks, located in 166 Marina Quays Boulevard, Hope Island Sold for $4.72 million. The second block is 176 Marina Quays Boulevard, Hope Island Sold for AU$4.6 million plus 10% goods and services tax, $5.06 million in revenue.

According to Jason Andrew, head of Ray White QLD, a wide variety of properties are on the list, from apartments to canal-side houses, duplex apartments to stunning waterfront residences. Although there is also strong interstate interest, Most of the landscape comes from local people.

The company’s new Queensland chief auctioneer Gavin Croft (Gavin Croft) is responsible for overseeing the operation. His first day in office was Monday, and new restrictions began to affect the state.

Among the houses sold are 37/173 Old Burleigh Road, Broadbeach – Open with a bid of 1.5 million USD. Stunning three-bedroom apartment with stunning ocean and beach views from the Verve building, followed by bids ranging from US$100,000 to US$1.6 million, US$1.7 million and US$1.8 million. Ray White Broadbeach’s agents Mark Stafford and Andrew Rouse bid $1.825 million for the purchase of what is known as a “typical Gold Coast sun-drenched lifestyle apartment” for $1.9 million.

The 175-square-meter sky residence subsequently attracted bids of US$1.925 million, US$1.95 million, US$2.05 million and US$2.1 million. Before the $2.2 million offer was seen in the first conference call, another $2.15 million offer appeared. When the auction was suspended to seek instructions from the supplier, a counter-offer of $2.25 million was called for a third time. Then re-bid 2.4 million dollars, when the property was announced on the market. It was sold for $2.4 million.

Agents Danny Lynch and Jared Maran at Ray White’s Mermaid Beach 138 Laguna Avenue, Palm Beach A four-bedroom, two-bathroom duplex apartment in one of the most popular suburbs on the Gold Coast was auctioned for $1.4 million. Before this 351-square-meter property attracted 1.5 million US dollars and 1.51 million US dollars in quotations, its price rose to 1.45 million US dollars. Mr. Croft then sought instructions from the seller and then announced that the property was listed. The $1,000 higher bid brought it to $1.511 million, followed by a counterattack with $1.512 million, and then $1.513 million. The $1,000 increase continued until US$1.517 million This is the selling price of the property.

Ray White Robina’s agent Jon Paul filmed 252 Coolangatta Road, Bilinga Bidding for real estate with three bedrooms, one bathroom and two parking spaces. The time is ripe for the upgrade. Its bid jumped from $50,000 to $830,000, and three consecutive $10,000 bids raised it to $860,000.

Mr. Croft then bid 20,000 US dollars to 900,000 US dollars, and repeatedly bid to 950,000 US dollars. Then three cheeky $1,000 bids saw the price jump to $953,000 before reaching $955,000.Finally bid on 958,000 USD This is the time it was announced and sold on the market.

Three bedrooms, three bathrooms, two parking spaces, “Steps to the Sands of Mermaid Beach”-located 1/61 Dolphin Avenue, Mermaid Beach Brought to the auction by Ray White Broadbeach’s agent Brad Payne. The bid starts at 700,000 USD, then the supplier bids at 790,000 USD, and then increases to 800,000 USD.After an offer of $810,000 was made, the auction was suspended, and thereafter 850,000 USD This is the selling price of the property.

Modern townhouse with two bedrooms, two bathrooms and two parking spaces, located in 16/2-18 Beachcomber Court, Burleigh Waters See that the bid is $660,000. Ray White Burleigh Heads’ agent Lee McFarlane has already promoted the house.

Mr. Croft played three times and then bid 690,000 US dollars on behalf of the seller, but was bid 695,000 US dollars. The auction was suspended for instructions from the seller.bid 720,000 USD Proposal and property Sell ​​at that price.

Agent Gareth Denning of Ray White Broadbeach brought 9’Ocean Royale’ 4 Britannia Avenue, Broadbeach market. Located 56 meters from the beach, the seller bid for an apartment with a bedroom, a bathroom and a parking space at a price of US$310,000.

The 67-square-meter ocean view unit subsequently saw the seller’s bid increase to 340,000 US dollars. The bid was $345,000, and the subsequent bid was $350,000.Mr. Croft passed for $350,000 and then saw a counter-offer 352,000 USD This is its price.

A large one-bedroom, one-bathroom, one-car parking space apartment of 75 square meters, with high ceilings in 34/226 Varsity Parade, Varsity Lake Auctioned by Ray White Robina’s agent Jon Paul. The opening price is US$280,000. Mr. Croft said that the property sold for US$280,000, not for sale, and sold for US$310,000. A bid of US$311,000 was then offered, and further instructions were being sought at the time, and the supplier’s bid was US$320,000.

The property is currently rented at a price of $420 a week until August, and then saw a bid of $321,000 when the buyer tested the seller’s promise to sell. The auction was subsequently suspended for negotiations.The auction is back, and the last bidder puts forward a higher offer 325,000 USD That was when the property was announced and sold on the market.

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