AN interstate buyer bidding from a quarantine hotel in Adelaide has purchased an opulent waterfront mansion for $2.46 million sight unseen on the Gold Coast.
Having recently returned from Singapore, the buyer relied on photos, video and a virtual tour before registering to bid on of 8 Istana View last Saturday.
The tri-level masterpiece is one of the largest homes in the exclusive Isles of Istana estate, with six ensuited bedrooms on a 1008sqm block and 28m water frontage.
“The grand scale of the house really appealed to the buyer,” said agent Sam Guo, who led the auction campaign alongside Julia Kuo of Ray White CG – Broadbeach.
“The buyer bid over the phone from her hotel room in quarantine.”
Also last week, a Melbourne buyer relied on a FaceTime tour led by friends living locally before signing a $2.488 million cash, unconditional contract on 88 Gibraltar Drive, Isle of Capri.
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The near new contemporary home with five bedrooms across two levels overlooks the water with a sandy beach and boat ramp.
“These lockdowns in Melbourne have made people more eager to move to the Gold Coast,” Mr Guo said.
“That buyer has now asked me to find properties for two or three other friends wanting to move also.”
Mr Guo said the space and affordability of Gold Coast real estate was more appealing than ever to city buyers.
“In the event of further lockdowns,
having a backyard and pool as well as good weather offers a good environment to be in,” he said.
New listings are yet to catch up with the growing demand for with modern houses priced between $2 million and $3 million,
Mr Guo said.
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