Multimillion-dollar offer halts Gold Coast property’s auction

first_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59 The Paradise Point residence at 18a Ephraim Island Pde sold before it went under the hammer.A local buyer laid all their cards on the table in a last-ditch attempt to stop a waterfront property from going under the hammer.They were so determined to have the Paradise Point house that they made a $6.75 million offer less than an hour before its scheduled auction.The move proved beneficial with the seller agreeing to accept the offer before any other interested house hunters had a chance to make a bid.Amir Prestige Property Agents principal Amir Mian said the deal was sealed quickly. MORE NEWS: Gold Coast suburb’s huge price jump A local buyer made an offer of $6.75 million about half an hour before the auction.“The buyer did a deal with the seller maybe half-hour before the auction,” he said.The three-storey home has 40m of water frontage with north east Broadwater views.It is on a 965sq m double block with the residence on one side and land with gardens on the other.There are four bedrooms throughout, each with ensuites and either park or water views, while an internal lift, gas fireplace, pool and basement with space to park five cars are among its highlights.Mr Mian said a couple of prospective buyers were interested in the Ephraim Island residence, but they wanted either the house or the land individually. It has spectacular water views.He said its exclusivity, security and wide water position attracted buyers.“It’s a really beautiful spot,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoAmir Prestige Property Agents’ Alister Billingsley, who marketed the property, said it attracted plenty of attention throughout its short campaign.“Throughout our campaign we attracted a variety of interested local, interstate and international buyers,” he said.“It was a great privilege to represent this property to the market for the seller and to get it sold in 36 days through our prestige auction.”The property was due to go under the hammer at Amir Prestige Property Agents’ summer auction event. Of the 19 properties on their program, 10 have so far sold with many more under negotiation.It was one of several agencies to host auction events in the past month, which is traditionally the busiest time for auctions on the Gold Coast.center_img MORE NEWS: Charming hinterland home a rare findlast_img

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