Buyers Purchase With Confidence
September 23 2022
A number of unconditional property sales continue to be sealed by Kollosche agents showing that buyer confidence in the current Gold Coast market remains strong.
If a property contract is signed unconditional, it means there are no associated conditions and the buyer must proceed to settlement. These contracts are beneficial to a vendor because they provide certainty that a sale will be expedited without delay.
Waiving the right to a building and pest inspection, finance approval or further due diligence, means a buyer must be certain that they are happy with what they are purchasing.
While unconditional contracts are predominantly associated with auction sales, there are a number of these contracts being signed on non-auction properties across all sectors of the market and at all price points, including in the prestige market.
This is a strong indicator that there is a high level of confidence among those seeking to purchase homes on the Gold Coast with demand set to ramp up as we continue through the busier summer selling months.
Some of Kollosche’s most recent unconditional sales include 14 Kincardine Drive, Benowa Waters, which attracted 11 offers before selling for $2,350,000. The five-bedroom, single-level family residence positioned just off Main River was sold for a street record through Kollosche agents Zac Palmer and Jamie Harrison. It was acquired by a New Zealand couple, who are seeking to relocate to the Gold Coast.
A buyer took a two-bedroom apartment at 7/11 Eden Avenue, Coolangatta, off the market ahead of its scheduled auction making an unconditional offer of $2,230,000. During a three-week campaign the property located in the sought-after pocket of Rainbow Bay attracted 92 enquiries and was sold through Kollosche’s Southern Beaches specialist agent Troy Dowker.
A significant unconditional contract has been signed for the iconic Voyager Resort at 167 Old Burleigh Road, Broadbeach, in a deal worth $45,001,680. The timeshare property was bought by a private investor following what was a four-year journey to market for some 3,000 timeshare holders. The deal was facilitated by Kollosche agents Tony Grbcic, Adam Grbcic, Simon Worthington and Michael Kollosche.
A four-storey waterfront villa at 2/20 Conifer Crescent in Broadbeach Waters sold under the hammer for $2,300,000 after a three-week auction campaign. The property was sold by Corey Bedford and Michael Kollosche to a family moving north from Melbourne.
To sell your home with confidence, reach out to one of Kollosche’s trusted and experienced estate agents.