57 Sir Bruce Small Boulevard, Benowa Waters sold under the hammer for $4.65 million.
THE auction spotlight is well and truly on the Gold Coast with a stellar weekend of auction results.
A string of properties sold at auction on the Glitter Strip following Friday night’s record-breaking $24 million mansion that sold under the hammer at the Isle of Capri.
59 The Corso, Isle of Capri sold for $24 million.
59 The Corso, Isle of Capri.
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In Benowa Waters, a waterfront property sold for $4.65 million with four bidders competing for the keys.
The home at 57 Sir Bruce Small Boulevard, Benowa Waters was marketed by Sam Guo and Julia Kuo of Kollosche – Broadbeach.
Bidding kicked off at $3.2 million before it paused at $4.5 million.
57 Sir Bruce Small Boulevard, Benowa Waters sold for $4.65 million.
57 Sir Bruce Small Boulevard, Benowa Waters.
“We then negotiated with the last bidder,” Ms Kuo said.
“The last bidder increased their offer to $4.65 million and it sold under the hammer.”
The buyer had only stepped foot inside the property that day, Ms Kuo said.
“We had Facetimed him and he knew the area really well as he had been looking with us for property,” she said.
“He wanted to see it last minute and decided he wanted to buy it.”
57 Sir Bruce Small Boulevard, Benowa Waters.
The property was designed as the ultimate family home for sellers Dr Sunil Singh and his wife Sharita.
The couple bought the land in 1997 before constructing their dream residence a decade later.
Spanning two storeys, the residence includes five bedrooms, five bathrooms, two kitchens, multiple living and outdoor areas, a home cinema, and three-car garage.
Expansive balconies on both levels overlook an infinity-edged swimming pool and beyond to the river.
27 Cessnock Close, Mermaid Waters sold for $2.988 million.
Sam Guo and Julia Kuo were also behind the marketing campaign for the third highest auction of the weekend on the Gold Coast.
The Mermaid Waters property at 27 Cessnock Close sold for $2.988 million with five bidders registered.
The auction was paused at $2.65 million for negotiations before the hammer came down a few bids later.
27 Cessnock Close, Mermaid Waters.
Ms Kuo said an auction was the ideal sales method in a slower market.
“People are a little bit afraid to buy in this market but if you have an auction and it’s good stock, buyers will come,” she said.
“Buyers want to see the true value of the property.”
23 Tosti St, Bundall sold for $2.175 million.
82 Sunshine Pde, Miami sold for $1.37 million.
Other auction results included the sale of 23 Tosti St, Bundall which sold for $2.175 million through Ray White Surfers Paradise Group’s Jackson Paradise, and 82 Sunshine Pde, Miami which sold for $1.37 million through Danny Woolbank and Alex Wohler of Remax Property Centre – Broadbeach Waters
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