Home Agents Realtors Tiny Sunshine Coast cottage will get 104 bids at public sale

Tiny Sunshine Coast cottage will get 104 bids at public sale


A tiny Sunshine Coast cottage, that appears similar to your grandma’s home, acquired a staggering 104 bids at motion through the week.

The public sale was a part of Ray White Mooloolaba, Kawana Waters and Nambour’s annual public sale occasion and drew big curiosity with bids beginning at $500,000 and rising at occasions in $500 increments to an eventual gross sales value of $1.531 million.

The property, at 3 Hinkler Parade, Cotton Tree, had been held by one household for greater than 40 years, with builders very within the 678sq m parcel of land zoned medium density. 

Auctioneer and director of Ray White Mooloolaba, James Goldsworthy, mentioned the Hinkler Parade property introduced many alternative alternatives, with each mum and pa traders, first-home patrons and savvy traders/builders exhibiting curiosity. 

“We had over 3000 patrons view the property on-line and many pre-auction curiosity so we had been delighted to safe a improbable consequence for our vendor within the night,” Mr Goldsworthy mentioned. 

“For sure, the proprietor was delighted with the result and talent to maneuver onto the following stage of his life.”

3 Hinkler Parade, Cotton Tree.

Mr Goldsworthy mentioned that in 20 years of actual property, and as an auctioneer, he’d by no means seen something prefer it.

“It was unreal, the public sale had a number of phases, beginning extremely low, a 21-minute pause as a late bidder arrived mid-auction and a younger woman placing in $1000 bids on a number of events proper on the autumn of the hammer, it was like nothing I’ve seen earlier than,”  he mentioned.

Total, the public sale occasion was an enormous success for Ray White with 17 properties scheduled for public sale, a crowd of greater than 100 folks with 5 of the properties efficiently negotiated earlier than public sale with an additional seven promoting underneath the hammer; culminating in a 71 per cent clearance price.

Mr Goldsworthy mentioned the response to the occasion was improbable.

“Total the power within the room was electrical,” he mentioned.

“We’re excited to proceed negotiations on these properties that got here near promoting final evening.”

Auctioneer and director of Ray White Mooloolaba, James Goldsworthy.

The Ray White Coastal Dwelling Community’s intimate data of the native market and collective database has enabled them to supply an unmatched alternative to seek out potential patrons and obtain one of the best value for every property.

“We’re seeing key indicators like purchaser visitors, registered bidders and public sale clearance charges at or round  COVID-19 increase ranges, which surprises many however simply goes to point out the energy of the native market,” Mr Goldsworthy mentioned.

All through the advertising and marketing campaigns, the collective groups noticed 645  patrons come by way of the properties, leading to 33 affords on the 17 properties previous to public sale day.

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