Erle Levey
Records continued to be smashed by Tom Offermann Real Estate with the sale on a beautiful Sunday of the Tim McSweeney-listed 20 Arakoon Cres, Sunshine Beach, a sculpted design by Frank Macchia.
It was action stations aplenty at the auction marathon with seven of the Offermann team and auctioneer Gordon Macdonald working collaboratively with multiple buyers for over an hour of intense negotiations.
It finally concluded at $14.25m and set a new benchmark for a house on a standard-sized allotment.
Many high-value sales have been transacted by Tom Offermann Real Estate along the easter beaches; however, these have been for either double blocks or sizeable parcels.
The sale by the interstate owners again demonstrates the intense demand for front row locations also, premium price buyers are willing to pay to enjoy that privilege.
Tim McSweeney was delighted with the result and justifiably proud of having worked with the three owners of 20 Arakoon Cres over their 20 years. It was sold for $3.15m in March 2002.
On Saturday the Rebekah Offermann-listed 9 Little Cove Rd, Noosa Heads, a distinctively modernist five-bedroom residence on the doorstep of Noosa National Park and a few minutes’ walk to Little Cove Beach, aroused much interest from local and interstate buyers.
It was hotly contested by four registered buyers and sold under the hammer for $6.5m.
Six registered bidders from Melbourne, Sydney, Brisbane and New Zealand were all anxious to receive the keys to the door of the Luke Chen-registered 7 Villa Serena/18 James Street Noosaville. It sold at auction for $840,000 to a buyer from Northern NSW.
There were three registered bidders at the Rebekah Offermann-listed 7 Bowsprit Pl, Sunrise Beach. It was passed in and is now listed for $3.6m.
Friday had all the signs of success for Michael McComas and his listing of 2 Wildflower St, Sunshine Beach. With 11 registered bidders seeking an investment or home it was sold for $1.810m to a recent local who had moved here from Melbourne and was looking to fulfil his dream.
The Eliza Coppin-listed Villa 4 Coco Bay, 287 Weyba Rd, Noosaville near the Noosa River sold prior to auction.
AN AUCTION FOR THE AGES
There is nothing quite like a good auction.
A highly-charged environment where bidders compete against each other to determine the market price of a property.
Laguna Real Estate’s Warren Evans has been using auctions for the past 40 years and believes they are a fair indication of a property’s market value.
The auction of the 1980s two-bedroom, two-bathroom free-standing villa at 4/21 Ann St, Noosaville, on Saturday, was a good indication of property values through the years.
Initially brought to the market by the developer at $89,000, Saturday’s auction saw five registered bidders – three on the phone and two on the ground.
After an opening of $450,000, 36 bids later it sold at $810,000.
The property was called on the market at $765,000.
The local buyers are looking to renovate and for family members to use as well because of the low-set nature, Warren said, and low body corporate fees.
It is one of six detached villas that are basically on a group title.
“The buyers are still there,’’ Warren said.
“There are more properties coming onto the market by the time the interstate borders open.’’
A LOT TO LIKE ABOUT MID-WEEK AUCTIONS
The mid-week auctions are working exceptionally well for Reed & Co, but it’s about convenience for buyers and sellers and not about numbers.
Speaking after the sale this week of three properties by auction, Adrian Reed said it was generally better for buyers to experience Noosa in the week rather than weekends.
“At the moment there is probably no better place in the world than Noosa.
“This has been consumer driven rather than a pre-conceived idea of when to hold them. It’s not about the numbers, it’s about the results.’’
The auction last Wednesday of the four-bedroom, two-bathroom house with pool at 22 Cottonwood Ct, Noosa Heads, saw six registered bidders.
It sold at auction for $2,750,000, significantly beating the $2.2m that was the previous best result for the Elysium precinct.
“It really establishes Cottonwood and Wild Apple Courts,’’ Adrian said. “They are now being significantly re-invested in.
“This property has been carefully maintained, in a quiet cul-de-sac and with wonderful facilities within the estate.’’
The property sold to a family out of Canberra.
The four-bedroom, two-bathroom house with pool at 25 Shipyard Cct, Noosa Waters, was withdrawn prior to auction and listed by private treaty at $2.4m.
“It is a lovely single-level residence suited to downsizers and there are buyers who want to get their feet on the ground, so to speak.
“We are currently in negotiations.’’
On Thursday, the three-bedroom, two-bathroom house with pool and ocean outlook at 17 Captains Ct, Sunrise Beach, saw five registered bidders, mostly local buyers waiting for that A-grade spot to come up.
“It was a fabulous campaign,’’ Adrian said, “with significant views.
“It is in one of the marquee streets and it sold above reserve for $3.55m to a local family.’’
ONLY THE BEST
It was one of the best of the best in the Noosa Springs gated estate and the first in the door grabbed the opportunity with both hands.
Ron Davey at Base Realtors was due to take the four-bedroom, four-bathroom lakeside home with pool 752/61 Noosa Springs Dve to auction on Saturday, October 30, but it has gone under contract.
“There is everything you would expect here at the Palms,’’ Ron said, “… wonderful floor plan, natural light filling all the rooms and private lake views.’’
When asked what was needed to stop the auction, Ron told the client he was going to have to come up with a darned good offer.
He did. It was thought to be in the mid $3m.
Set on 868m2 of immaculate easy-care grounds.
The local buyer was looking for less maintenance, security, and the position with elevation and lake views.
APARTMENT SET FOR SUNSET AUCTION
Sharon McLure at the McLure Group has a good record of completed sales under auction terms, especially at managed resorts.
Many of those sales are sight unseen as the buyers feel confident of managed resorts, if the figures work.
Last Saturday Sharon sold 119 French Quarter, 62 Hastings St, Noosa Heads, on auction day at the reserve price.
This Saturday a one-bedroom, one-bathroom apartment with rooftop terrace 306 Noosa Blue, 16 Noosa Pde, Noosa Heads, will go to auction at 6pm.
Sunset, hinterland views, jacuzzi on the rooftop terrace – quite a setting.
Sharon reports good inquiry as well as private inspections … mainly locals looking for an investment, and especially being on Noosa Hill.
BIDDERS LINE UP
Nine registered bidders greeted Nathan Howie of Noosa Estate Agents last Thursday at 6/229 Weyba Rd, Noosaville, for the auction of the two-bedroom, one-bathroom townhouse.
Thirty-odd bids later it was sold at auction for $820,000. Bidders were predominantly local and it sold to a young couple.
This Friday, Nathan is taking the two-bedroom, two-bathroom unit 143 Noosa International, 1 Edgar Bennett Ave, Noosa Heads, to auction at midday.
He is getting interest in it, mainly from investors and from those who already have property in the resort.
AUCTION ACTION
WEDNESDAY, October 20
Noosa Heads
22 Cottonwood Ct: 4bed, 2bath, 2car house, pool, Adrian Reed 0409 446 955 Darren Neal 0401 212 505 Reed & Co. Six registered bidders. Sold at auction $2,750,000
Noosa Waters
25 Shipyard Cct: 4bed, 2bath, 2car house, pool, Adrian Reed 0409 446 955 Darren Neal 0401 212 505 Reed & Co. Withdrawn prior to auction. Listed at $2.4m. Currently in negotiations
THURSDAY, October 21
Noosaville
4/287 Weyba Rd: 3bed, 2bath, 1car townhouse, Eliza Coppin 0423 726 639 Tom Offermann Real Estate. Sold prior
6/229 Weyba Rd: 2bed, 1bath, 1car townhouse, Nathan Howie 0414 424 333 Noosa Estate Agents. Nine registered bidders. Sold at auction $820,000
Sunrise Beach
17 Captains Ct: 3bed, 2bath, 2car house, Adrian Reed 0409 446 955 Darren Neal 0401 212 505 Reed & Co. Five registered bidders. Sold at auction $3.55m
FRIDAY, October 22
Black Mountain
501 Black Mountain Rd: 4bed, 3bath, 6car house, pool, sheds, on 19.43ha, 12pm, Drew Fenton 0487 401 776 Hinternoosa. Four registered bidders. Passed in $1.9m, negotiating with highest bidder and fresh interest
Sunshine Beach
2 Wildflower St: 4bed, 2bath, 1car house, pool, Michael McComas 0447 263 663 Tom Offermann Real Estate. Eleven registered bidders. Sold at auction $1.810m
SATURDAY, October 23
Noosa Heads
9 Little Cove Rd: 5bed, 3bath, 2car house, pool, Rebekah Offermann 0413 044 241 Tom Offermann Real Estate. Four registered bidders. Sold at auction $6.5m
119/62 Hastings St: 1bed, 1bath, 1car apartment, Sharon McLure 0400 084 975 The McLure Group. Sold on auction day at reserve
Noosaville
7/18 James St: 2bed, 1bath, 1car apartment, Luke Chen 0417 600 840 Tom Offermann Real Estate. Six registered bidders. Sold at auction $840,000
4/21 Ann St: 2bed, 1bath, 1car free-standing villa, Warren Evans 0428 711 163 Laguna Real Estate. Five registered bidders. Sold at auction $810,000
Sunrise Beach
7 Bowsprit Pl: 5bed, 3bath, 2car house, pool, Rebekah Offermann 0413 044 241 Tom Offermann Real Estate. Three registered bidders. Passed in, listed $3.6m
SUNDAY, October 24
Sunshine Beach
20 Arakoon Cres: 3bed, 3bath, 2car beachfront house, pool, Tim McSweeney 0411 122 331 Tom Offermann Real Estate. Sold at auction $14.25m
MONDAY, October 25
Noosaville
1/45 Bluefin Ct: 3bed, 2bath, 2car duplex apartment, pool, 11am, Sam Plummer 0412 585 494 Angela Wood 0407 147 521 Noosa Estate Agents
WEDNESDAY, October 27
Noosaville
8/140 Noosa Pde: 3bed, 2bath, 1car apartment, 12pm, Eliza Coppin 0423 726 639 Tom Offermann Real Estate. Sold prior
FRIDAY, October 29
Noosa Heads
143/1 Edgar Bennett Ave: 2bed, 2bath, 1car unit, 12pm, Nathan Howie 0414 424 333 Noosa Estate Agents
Noosaville
Shop 2/201 Gympie Tce: Leased 19sq m ground-floor retail site with 9sq m outdoor dining, 1pm, Jesse Howitt 0468 495 640 Colliers International
Tewantin
136 Moorindil St: 2bed, 1bath, 1car house on 679sq m, 2pm, Drew Fenton 0487 401 776 Hinternoosa
SATURDAY, October 30
Noosa Heads
306 /16 Noosa Dve: 1bed, 1bath, 1car apartment with rooftop terrace, 6pm, Sharon McLure 0400 084 975 The McLure Group
Noosa Springs
752/61 Noosa Springs Dve: 4bed, 4bath, 2+car lakeside house, pool, 3pm, Ron Davey 0412 206 563 Base Realtors. Sold prior
Sunshine Beach
3 Maher Tce: 3bed, 3bath, 2car house, pool, 2pm, Rebekah Offermann 0413 044 241 Tom Offermann Real Estate
SUNDAY, October 31
Noosaville
49/67 Gibson Rd: 2bed, 1bath, 1car townhouse, 12pm, Richard Locke 0433 237 422 Tom Offermann Real Estate
WEDNESDAY, November 3
Eumundi
1-15 Bush Tucker Ct: 4bed, 2bath, 2car house on 9119sq m, 12pm, Jeanette Catalano 0422 923 851 Mario Catalano 0400 613 879 Hinternoosa
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