‘It’s just unheard of’: Gold Coast seller misses $6m auction after all-night bender

126 Amalfi Drive, Isle of Capri.
A GOLD Coast seller missed the auction of his $6 million house after spending the night partying with friends.
Ivy Realty’s Ivy Wu and Issac Kim took 126 Amalfi Drive, Isle of Capri to auction over the weekend in front of an excited crowd.
But it quickly took a turn when they were unable to contact the seller.

126 Amalfi Drive, Isle of Capri.
MORE NEWS: ‘Respect our privacy’: The Qld lots that supposedly impressed the Sussexes
Internet whiz slashes beachfront apartment price tag by $500k
‘Lambo guy’ Adrian Portelli pays record $39m for penthouse weekender
“The owner was overseas and we spoke to him the day before letting him know that the auction will start at 11am and to make sure he was available as we will need his instructions,” Mr Kim said.
“We had three registered bidders and we got the bid up to $5.65 million then obviously there was still a fair bit of gap we had to work on.
“We tried calling the owner multiple times but we couldn’t get in touch with him.”
It turned out the vendor had completely forgotten.
“He had a big night with his friends the night before and he completely forgot about the auction,” Mr Kim said.
“It’s just unheard of and something I will never forget.”

126 Amalfi Drive, Isle of Capri.
Auctioneer Nigel Long said it was only the third auction he had called in his almost 15-year career where the vendor could not be contacted.
“I just explained to the crowd that we were having telephone communication issues,” Mr Long said.
“It’s not the first time and it won’t be the last.
“I had to hand the real estate back to the agents and welcome a conditional outcome.”

126 Amalfi Drive, Isle of Capri.
The agents got hold of the vendor later that afternoon after the property was passed in.
“We ended up negotiating with one of the potential buyers and it took us 36 hours to get the deal done,” Mr Kim said.
“It sold for $6 million.
“We thought an interstate buyer would pay a premium price for it but a local buyer ended up winning in the end.”

126 Amalfi Drive, Isle of Capri.
The five-bedroom house has a raft of luxury features from a media room and wine room, to a pontoon and riverside pool.
Property records reveal the house sold for $4.5 million in September, 2020.
It was also one of the most expensive rentals on the Gold Coast, previously listed at $4500 per week in June, 2022.

The post ‘It’s just unheard of’: Gold Coast seller misses $6m auction after all-night bender appeared first on realestate.com.au.

Don’t Stop Here

More To Explore

Where have all the buyers gone?

59-61 Martin Pl, Tamborine It’s an architecturally designed family entertainer with stunning views, located in a rising Gold Coast Hinterland market where other comparable properties