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Gold Coast real estate: Jaw-dropping $10m land deal

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85 Admiralty Drive, Paradise Waters has bought in a $10m mega deal.


A purchaser has dropped $10 million on a “once-in-a-lifetime” parcel of land in Surfers Paradise on the Gold Coast.

It’s $2 million greater than the 1600sq m property, at 85 Admiralty Drive, Paradise Waters, bought for in April, 2021.

85 Admiralty Drive, Paradise Waters wanting south.


The most recent sale traded by Mitch Palmer of Ray White Broadbeach Waters who described the property as an “irreplaceable clean canvas to construct the most recent waterfront masterpiece”.

“The sale represents the very best worth ever achieved for a single, vacant waterfront block on the Gold Coast,” Mr Palmer mentioned.

“Excluding growth websites, it smashes earlier vacant land information.”

The sale worth equates to $6250 per sq. metre.

An aerial view of 85 Admiralty Drive, Paradise Waters.


Mr Palmer remained tight-lipped on each the customer and vendor however information reveal the vendor is Maree Anderson, spouse of Hayman Properties founder Steve Anderson.

Property information present though Mr Palmer bought the property off-market, it had been on and off the market with one other company since November, 2022.

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85 Admiralty Drive, Paradise Waters wanting east.


The vacant block has a northeast level place and consists of 64.9m of water frontage.

“The worth alerts signifies the rarity of the place — a tough to search out, northeast level in arguably the Gold Coast’s most unique waterfront suburb,” Mr Palmer mentioned.

See also  Dixons Creek: Shed with no power brought to life on sprawling block set among green hills and vineyards

“Blocks like this are often once-in-a-lifetime alternatives.

“The purpose place captures divine metropolis skyline views and is good for big vessel mooring being minutes to the Broadwater.”

The best residential land sale on the Gold Coast is $17.5m, paid in 2021 for a double beachfront block at 139-141 Hedges Ave, Mermaid Seashore.

A triple block at 15-19 Parklane Terrace, Sovereign Islands additionally bought for $10m in 2021.



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Chippie rolls up sleeves to tackle former hoarder’s home in Geelong West

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Jellis Craig Geelong agent Marcus Falconer prepares to promote 102 Isabella St, Geelong West, at public sale.


A younger chippie plans to roll up his sleeves to remodel a former hoarder’s dwelling in Geelong West after snapping up the discount purchase.

The state of 102 Isabella St could have shocked the first-home purchaser’s mom on first inspection, but it surely proved no deterrent for the Melbourne tradie.

He paid $480,000 for the two-bedroom weatherboard home at Saturday’s public sale.

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The very best bidder had his mother and father readily available for help.


One different bidder, who additionally noticed an opportunity so as to add worth to an unsightly duckling in a blue chip suburb, dropped out of the race at $475,000.

Jellis Craig, Geelong West, agent Marcus Falconer mentioned the acquisition ended the chippie’s four-month seek for a house in Geelong.

“With the help of his household his is principally shopping for his first dwelling – it’s definitely going to be a job,” Mr Falconer mentioned.

“It’s completely entry stage. It was initially a hoarder’s home and it was in a form of state however he has obtained the inspiration to transform it.

The rear view exhibits the home in its finest angle.


The present kitchen is fairly primary.


“His mom was in shock, she was open about that, however his father and himself they’ll take it on.”

See also  Frankston auctions get mixed results after suburb tipped for home price boom after AFL Grand Final

Listings below $500,000 are a rarity in Geelong West, the place the median home worth is $856,000.

The $449,000 to $493,9000 worth information mirrored the work wanted to renovate the home, which sits on a 339sq m north-facing block.


Timber panelling options on this bed room.


The present structure consists of an authentic central kitchen and meals space and a separate lounge with a wooden heater.

“It’s the last word clean canvas,” Mr Falconer mentioned.

“You might be solely restricted by your creativeness right here, definitely it’s obtained good bones if you happen to can look previous the facade.”



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Dixons Creek: Shed with no power brought to life on sprawling block set among green hills and vineyards

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2107 Melba Highway, Dixons Creek - for herald sun real estate

The home is positioned on a property named Eagle Hill at 2107 Melba Freeway, Dixons Creek.


Alexandra and Rob’s luxurious trendy home on the Kinglake Nationwide Park’s doorstep boasts spectacular inexperienced views, together with the encompassing vineyards, and a secret powder room.

When the spouse and husband first visited the 52.61ha website at 2107 Melba Freeway, Dixons Creek, it was occupied by only a shed and had no energy.

Nevertheless, they fell in love with the panoramic vistas of Toolangi State Forest and the Yarra Valley.

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They engaged a builder to assemble their four-bedroom residence which included laying energy cables greater than 500m underground.

Alexandra and Rob, who each work within the constructing trade, contributed loads of concepts to the design.

“We knew we wished to be as sympathetic to our environment,” Alexandra says.

“We wished to have as a lot glazing as doable and usher in as a lot of the unimaginable views as we might.”

They named the property Eagle Hill after the wedge-tailed eagles which name Dixons Creek residence and moved into the home with their two younger sons final Might.

2107 Melba Highway, Dixons_Creek - FOR HERALD SUN REAL ESTATE

The views present a scenic backdrop to day by day life.


2107 Melba Highway, Dixons_Creek - FOR HERALD SUN REAL ESTATE

The entertaining space and heated pool.


2107 Melba Highway, Dixons Creek - for herald sun real estate

Quantum Quartz stone benchtops, European home equipment, twin ovens and a walk-in pantry function within the kitchen.


The household enjoys watching sizzling air balloons float throughout the sky at dawn by a wall of glazed doorways and home windows that stretches about 7m lengthy and appears out to the deck and heated swimming pool.

See also  Dixons Creek: Shed with no power brought to life on sprawling block set among green hills and vineyards

Masking an exterior entertaining pergola is a roof with a European-imported retractable awning system that includes louvres, which could be opened or pulled all the way in which again relying on the climate.

“Sitting out on the deck or on the fireplace pit space could be very good and actually enjoyable,” Alexandra says.

Inside the home, the doorway corridor’s fluted timber wall has a hid door which completely blends into the timber and results in a hidden hall, powder room and full wall of storage.

2107 Melba Highway, Dixons Creek - for herald sun real estate

The fluted timber wall …


2107 Melba Highway, Dixons Creek - for herald sun real estate

… and a door resulting in a hall, powder room and cupboard space.


The open-plan residing space boasts a wooden fireplace, eating space and vaulted ceiling 5.5m-high at its peak.

The kitchen gives Quantum Quartz stone benchtops, European home equipment, twin ovens and a walk-in pantry.

All bedrooms and a second residing space open to the wraparound deck by sliding doorways with retractable fly screens.

Alexandra says there may be an “unimaginable sense of area” contained in the abode with the bedrooms, together with the principle that includes an ensuite and walk-in wardrobe, measuring 4m to 4.5m vast.

A library-like residence workplace, mud room-style laundry, a sizzling water heating loop, zoned in-floor hydronic heating and absolutely ducted zoned heating and cooling full the package deal.

2107 Melba Highway, Dixons_Creek - FOR HERALD SUN REAL ESTATE

2107 Melba Highway, Dixons Creek - for herald sun real estate

There’s additionally a fireplace pit to get pleasure from in winter.


2107 Melba Highway, Dixons Creek - for herald sun real estate

The library-style residence workplace.


Outdoors, there are paddocks, dams and a 12m x 25m equipment shed fitted with energy, 5 bays, automated doorways and a mezzanine degree, plus a second shed and three-car storage.

Alexandra says she and her husband love the house however are obsessed with constructing homes, and are promoting Eagle Hill earlier than embarking on their subsequent venture.

See also  Chippie rolls up sleeves to tackle former hoarder’s home in Geelong West

Noble Knight Actual Property’s Anthony Knight has the itemizing.

The house has a $4.6m-$4.9m worth information.

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Frankston auctions get mixed results after suburb tipped for home price boom after AFL Grand Final

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14 Kimba Ave, Frankston - for herald sun real estate

14 Kimba Ave, Frankston, bought in post-auction negotiations for $30,000 greater than the value it handed in at beneath the hammer.


Frankston has simply been named as one of many 10 Melbourne suburbs most probably to guide town’s subsequent dwelling value surge.

However the suburb met with blended outcomes beneath the hammer Saturday, regardless of the nod of approval from Canstar and revered property pundit Terry Ryder from hotspotting.com.au.

A renovated four-bedroom home at 14 Kimba Ave landed on the winners’ record after two bidders pursued it beneath the hammer.

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However it nonetheless proved a nailbiting affair with the ultimate $30,000 added in post-auction negotiations after the house handed in at $770,000.

Harcourts Frankston’s Natalie Robinson stated the public sale had include an sudden twist as a potential purchaser who didn’t bid had opted out as a result of the house was too renovated.

It’s a pattern she has been seeing for properties priced above $700,000 throughout the suburb.

“I’ve had a pair the place they’d a rest room executed or the kitchen they usually have struggled a bit,” Ms Robinson stated.

In distinction, extra reasonably priced choices across the $650,000 mark had been “flying out the door”.

The identical non-bidder was on the public sale of 8 Dunsterville Cres, Frankston, later within the day, however nonetheless not ready to make a suggestion.

That dwelling handed in on a $750,000 vendor bid and didn’t illicit any stay gives.

However Ms Robinson stated with just a few first-home consumers it was now probably it might promote in just a few days time.

“We expect it would promote, however not beneath public sale situations,” Ms Robinson stated.

It’s now listed with an $800,000 asking value by way of non-public treaty.

In the meantime, Barry Plant’s Tom Larkin watched a block of models at 49 Lardner Rd, Frankston, promote for $325,000 greater than its reserve.

The weird itemizing included seven properties — a few of them renovated and a few of them needing work.

49 Lardner Rd, Frankston - for herald sun real estate

The group of flats at 49 Lardner Rd, Frankston, bought far above expectations.


It additionally backs onto the suburb’s Monash College campus.

That uncommon mixture helped the property go from a $1.7m opening bid to a $2.115m sale.

4 bidders contested the sale and smashed the $1.79m reserve value set for the property.

“An investor from Melbourne purchased it,” Mr Larkin stated. “And their intention is to carry it in the interim and presumably to develop sooner or later.”


Signal as much as the Herald Solar Weekly Actual Property Replace. Click on right here to get the newest Victorian property market information delivered direct to your inbox.

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