Buoyed by the booming demand for Gold Coast property, Ray White Surfers Paradise Group has reported the most successful Event auction in its 29-year history.
Tens of millions of dollars’ worth of property sold in a stunning sales campaign held at Royal Pines yesterday in an event hailed by RWSP CEO Andrew Bell as “the best ever.”
“The Gold Coast is in a golden era. It’s quite unbelievable to think where we have come from in just a few months,” said Mr Bell.
“Local and interstate buyers have come out in force today to reinforce the fact that the post Covid environment is ushering in a golden era for the Gold Coast.
“People have accelerated their decision making when it comes to buying property – they want to be on the Gold Coast in some way shape or form, whether as owner occupiers or investors.
“This was clearly reflected today based on the record turnout, the robust nature of bidding and the strength of sales.”
As at 5pm AEST tonight, more than $35 million worth of properties had sold reflecting an outstanding clearance rate of 79 per cent.
There were 315 registered bidders.
The highest sale of the day so far was 44 Queen Street in Southport, a 939m2, 17-bedroom resort which sold for a stunning $2.7 million.
In Surfers Paradise, high end apartment properties that sold included 1 “Chevron Riviera”, 214 Stanhill Drive, a 3-bedroom, 3-bathroom villa for $1.2 million and floor 191 at 63 Thomas Drive for $1.81 million.
Other homes including 2 Helen Court in Broadbeach Waters sold for $1.202 million and 450 Guanaba Creek Road in Guanaba for $1.675 million.
The lowest priced property sold for $315,000 at 2167 “Chevron Renaissance”, 23 Ferny Avenue in Surfers Paradise.
The day got off to an outstanding start as Noel Hollingworth (picture attached) and his wife were the winning bidders of 1 ‘Chevron Riviera’, 214 Stanhill Drive on Chervon Island – with the hammer falling for $1.2 million after more than 25 bids.
The property was marketed and sold by RWSP Group sales agent Glen Williams, with bidding starting at $500,000 and climbing all the way to the final sales price.
“We’ve been coming up here to the Gold Coast from Goulburn for years and we also have a couple of units up here, so this one is for our retirement,” Mr Hollingworth said.
“Covid-19 and the restrictions had no impact on us and it’s always been in our plans to move to the Gold Coast so we’re extremely happy.
“We’ve been looking at a number of properties but this one stood out to us and the fact it was on Chevron Island really appealed to us. We love the Gold Coast because there is plenty of action and just so much to do.”