The last beach block on a prestigious road on the Sunshine Coast was auctioned for a record price of $ 7.7 million.
The 574 m² property at 66 Seaview Terrace attracted bidders from Queensland, the USA and Germany, all of whom were fighting for the piece of land at the coveted Sunshine Beach location.
Tom Offermann Real Estate Manager Tom Offermann said the property had aroused the interest of foreign investors, expats and Queenslanders “with an eye for quality”.
“The appetite for real estate on the Sunshine Coast is greater than ever before, as most properties have between five and 15 bidders and the reserve prices are slightly overshadowed,” said Offermann.
A wealthy family from Brisbane has outbid international competition for the block and is now joining several celebrities, including Kevin Rudd and his wife Therese Rein and Karl Stefanovic as owners within the Sunshine Beach clothing circle.
Records show the block, which faces the beach, was sold for $ 525,000 in January 1994.
On Saturday, four of the agency’s five properties were sold and the fifth was negotiated throughout the afternoon.
“The design attracted many families who wanted to live very close to the beach,” said Offermann.
Machete-wielding teenagers, rampant car thieves, entire communities terrorized – Queensland is descending into a gangster paradise, writes Peter Gleeson.
After Vanessa Sierra made headlines at the Australian Open, she hinted at a breakup with tennis villain Bernard Tomic.
Pets & animals
She fled her adopted Lockyer Valley home during a hail storm, and her owners were shocked when the three-year-old dog found her way home six months later.
Prime Minister Scott Morrison says there is “a real opportunity” to expand the Trans-Tasman travel bubble to more countries.
Queensland is not the first state to introduce voluntary euthanasia law. It is now law in Victoria, WA and Tasmania.
The Queensland Maroons face a litany of injury and judicial dramas in State I of origin.
A coastal council has called for an increase in the height and density of the region’s new large housing developments in order to preserve the lifestyle in other suburbs.
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