14 Kookaburra Court, Sorrento sold at auction for $7m.
A trophy estate in Sorrento that traded for $7m at auction is the highest residential sale on the Gold Coast this week.
Kollosche agents Sam Guo and Julia Kuo handled the auction of 14 Kookaburra Court, a luxury two-level home in a point position on the riverfront.
Make a splash in the pool.
“We had about 40 to 50 people turned up and three registered bidders,” Mr Guo said.
“The potential buyers were from Sydney, Brisbane and the Gold Coast.
“The two buyers from Sydney and Brisbane were competing for the property but the local family jumped in at the last minute and ended up buying the property.”
The living area.
The sale is the highest in the Isle of Sorrento, an exclusive enclave in the suburb of Bundall.
“It’s a very well built and well designed home,” Mr Guo said.
Records reveal the property last changed hands for $3.4m in 2014.
“This area is very exclusive — only people who live there come in and out.
“It’s a family friendly area with extensive wide water and beautiful waterways.
“It’s also very central to Surfers Paradise, Broadbeach and Southport.”
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Entertain poolside.
Described as ideal for family living and entertaining, the residence is on a 986sq m bloc with 33m of river frontage.
The four-bedroom house features northeast views over the river towards the Surfers Paradise skyline.
There are several different living zones as well as a media room, executive office and study nook.
The living and dining areas.
Entertain in style with an alfresco area with built-in barbecue overlooking the pool and spa.
Other features include a pontoon, boat shed, triple garage and double-sided fireplace.
Sorrento is an enclave in Bundall where the median house price is $2.1m, up 10.5 per cent over 12 months.
The highest sale ever recorded in Bundall was $11.5m, paid earlier this year for 8 Marseille Court.
The kitchen.
Mr Guo said buyers were moving quickly on luxury properties on the Gold Coast.
“Astute buyers are very educated — if a property offers good value with a good aspect, buyers will make their decision pretty quickly,” Mr Guo said.
“They understand good stock doesn’t come up very often.
“With 14 Kookaburra Court, you had to wait 10 years for it to come back on the market.”
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