Snapping it up
MARKETED with Barry Quinn of Ray White Cooroy, 9 Tulip Street, Cooroy, was a hot auction listing but auctioneer Justin Voss was left to answer his own question of what will you offer?
"Am I talking to a tree?" he queried at 10am on Saturday before a small crowd of 24, "call it out, don't be shy.
"What am I offered for 1000sq m opposite the school; there'll be no reason to be late again. This location is unbeatable."
He got a start at $150,000 and so asked for and received rises of $10,000 increments before having no choice but to place a bid on behalf of the vendor of $190,000.
"You say two, is that a $2000 rise or $200,000 bid?"
Another of the three registered bidders offered $195,000 but the auctioneer said no, not at this stage, he would only take a ten.
"THE instructions are to sell today, even if it doesn't sell at auction you can be sure it will sell today," Justin stated as he resumed control of this gathering of would be bargain buyers.
After a pause to clarify instructions from the mortgagee, Justin returned and announced an increase to $200,000 and now he would accept rises of five.
More importantly though he also let it be known that we were playing for keeps, the three bedroom house on 1864sq m was now on the market.
"There will be a new owner of 9 Tulip Street today; the only other question is who it will be."
A couple on the deck raised their hand, they were familiar with the property having inspected back in June during the first auction campaign before it was pulled to allow completion of some internal work.
During the past few months the couple had attended a good number of auctions and Barry has kept in touch.
Last Saturday they increased the bid to $205,000 and being the last to bid and knowing they were playing for keeps they happily became the new owners and will soon also become Cooroy locals.
It was the first time 20 Petrie Mansions in Serenity Close, Noosa Heads, was being offered for sale, but now 14 years since buying new, the Sydney owners found their holiday apartment had unfortunately become surplus to needs.
With no further need of the three-bedroom, top-floor residence the vendors enlisted Gary Meyer of Asset Agents to take it to auction.
Only used for holidays, the property is in excellent condition and the first open home attracted good interest.
This included the successful buyer who wasn't prepared to risk missing it and so an offer was put forward.
"Nine days after going to market a contract was secured at a figure which was fair and equitable to both parties," Gary said of the sale prior to auction.
With a projected rent appraisal of $500per week the new owner plans to lease the property to a relative already renting in the Petrie Mansions complex.
Milan Markanovic of Tom Offermann Real Estate reports the sale prior to auction of 4/11 Henderson Street, Sunshine Beach.
Listed for close to 12 months, the Sundancer two-bedroom apartment sat for so long due to the fact that being a popular holiday-let it was constantly booked which in turn held it back from sale, Milan honestly explained.
"Owners would be wise to make the decision to sell or keep property on the rental books," he said.
"In this instance, the sellers wisely removed it from availability for a four-week block in the lead up to auction, a sufficient period to conduct open homes and private inspections."
As it turned out only three weeks were required to entice the Brisbane-based buyer to enquire and inspect.
"On the day he came through there were also another two potential buyers making all the right signals, certainly enough to entice this buyer to make a satisfactory offer complete with auction conditions.
"This is a common trend at present and purchasers should be aware that often there are two or three parties in the wings. Those buyers sitting back will lose out as with more competition around, disappointment is common."
Milan is currently promoting 9/21 Henderson Street, Sunshine Beach, which will be offered at the Tom Offermann Real Estate in-room auction event taking place at Noosa Sheraton on October 6.
This huge three-bedroom apartment in Sunshine Central conveniently sits on the corner by the roundabout at the Duke Street shops.
Complete with ocean views and a double garage this residence in a complex of 12 is more suited to permanent living style as there are no on-site managers.
Enjoying 43 Cooran Court, Noosa Sound, for the past 18 years the owners have also half-heartedly considered selling the waterfront residence. But only recently have they totally committed to selling and moving on, and so Scott Cowley and Dan Neylan of Dowling & Neylan have been enlisted to take it to auction.
This evening will see the five-week auction campaign come to its conclusion and hopefully a result when auctioneer Justin Voss asks for bids.
"The property is now surplus to needs and the vendors are very much ready to go," Scott explained of the owner's change in motivation. "Having grown up here the kids have moved out and so it is now time for the parents to do something similar in the next chapter of their lives.
"Designed by Tim Ditchfield of Noosa, a long-time well regarded architect, the home works extremely well and takes in the long water views beautifully.
"When you walk in, it's this vista which greets you. Add a wonderful floor plan of four bedrooms, three bathrooms and gym, plus a modern spacious kitchen, sunny north facing pool area and great privacy from the water, and its a winner such as we have here.
"This long water view is spectacular for the outlook but in turn this one in particular gives the added benefit of privacy across the water, given that no homes are looking back."
Scott admits there have not been any offers throughout the auction campaign but there certainly is genuine interest.
It was in fact the sellers who requested the unusual time slot of a late Friday afternoon auction.
Of course they know the home well and have long enjoyed this time of day at home and know it presents well at twilight.
The majority of serious buyer interest has come from Brisbane and as far afield as Western Australia.
Everyone appreciates the warmth this renovated home offers, from the lovely natural tiles throughout to the modern feel of the bathrooms and kitchen. The high level of presentation has often been remarked upon as has the larger than usual block size of 821sq m.
Set amongst substantial homes, Cooran Court is a quiet street with just one access in and out. Situated very close to Quamby Place shopping centre, restaurants and only a 10 minute level walk to Hastings Street and the beach, this is a position to be valued.
Open for inspection from 5.30pm today, Friday August 31, the auction will get underway at 6pm.
Having sold another property prior to auction earlier this year has led to the auction listing of 28 Currawong Crescent for Robbie Neller of Dowling & Neylan. The dual living Peregian Beach residence will be offered to the market tomorrow, Saturday, September 1, at 11am with auctioneer Justin Voss.
This auction will be the first in a string of auctions Robbie will be promoting in the coming month.
Fresh to the market and going straight into an auction campaign, these sellers are keen to sell and relocate, sooner rather than later.
"The vendors were keen to go to auction as they understand this sales process and its many benefits," Robbie explained of the seller's motivation.
"Auction gives a better opportunity to sell for true market value within a shorter space of time.
"An offer has been made and presented but it wasn't quite in the selling ballpark so it was rejected and the sellers have chosen to continue to auction day ensuring they have heard from all buyers."
Good numbers have inspected each week of the campaign through both open homes and an abundance of private inspections.
Robbie expects the successful buyer to be either a smaller family or someone wanting extra space or even a little extra income as the home features a fully self-contained flat downstairs which was previously let at $230 per week.
Currawong Crescent is ideally positioned close to the beach and shops. It's a very quiet area which borders the national park ensuring good demand.
The home will be open tomorrow from 10.30am for 30 minutes leading up to auction.
After welcoming large numbers of prospective buyers through 705 The Palms, Noosa Springs, Nic Hunter of Tom Offermann Real Estate has sold the four-bedroom residence post auction.
A mortgagee in possession sale, this property has been snapped up by a Brisbane based buyer already holding other real estate in the Noosa area. It was the home's unique position and prized northern outlook over the golf course which attracted and enticed the buyer to go to contract which is now unconditional and awaiting settlement.
For further comprehensive coverage and all the details on this week's auctions, or for more on property, pick up your copy of Domain free in Noosa News or in Saturday's Sunshine Coast Daily.
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