A stunning new beachfront mansion in a tightly held area is set to go under the hammer early next month.
No.27 Watson Street, Currimundi, has attracted significant interest from prospective buyers ahead of its anticipated sale on August 3.
More than a hundred people attended an initial inspection of the 766sqm block, while local and interstate buyers have also expressed plenty of enthusiasm.
The four-bedroom, four-bathroom, three-car space abode is just metres from the sand.
Experienced real estate agent and licensee-in-charge at Next Property Group Sunshine Coast Richard Scrivener said the property was a rarity.
“I’ve never been involved in a sale like this on the beachfront,” he said.
“It’s unbelievable … such a high-quality home.
“It’s a one-off, a singular piece of art that won’t be repeated.
“It’s a fantastic property high on the dunes.”
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Mr Scrivener said beachfront properties on the southern Sunshine Coast were tightly held.
He said he couldn’t recall a premium beachfront property like this being sold.
“Down in this neck of the woods, at Currimundi, never … not that I can remember in 25 years,” he said.
“A sale like this won’t be repeated here until someone decides to knock another house down and put themselves through two-and-a-half-years of pain (and build a new home), if they can afford to.”
Mr Scrivener said there was an obvious reason why there was a low turnover of beachfront homes in the area.
“It’s because of where they are. You only have to stand on the back porch and look out (to the ocean) and you think ‘oh my God, no wonder people don’t let these go.”
“They’re generational properties and they rarely change hands. They stay in the same families.”
But that’s not the case with this home.
The owners managed to buy the property for $4.25 million in 2020. They demolished the old home there and had a lavish residence built on it. Now they’re ready to move on.
“Their situation has changed, and they don’t need such a big house on the beach: they will downsize,” Mr Scrivener said.
The residence was brought to life by Nick Hayes Construction. It boasts colonial design elements and coastal aesthetics. The home was designed to take advantage of the views.
There is a lift, multiple living spaces, a heated magnesium pool, secure parking behind electric gates, and solar power.
“This house will win awards, I’m almost sure of it,” Mr Scrivener said.
“And it is high on the dunes, which gives you that feeling of safety on the beach.”
The property represents a golden opportunity for a buyer with deep pockets.
“It’s a good size for someone who wants a nice holiday home, but I’m pretty sure a family will buy the home and live in it and keep it forever and ever,” he said.
Given that very few prestige beachside homes in the area have been sold in recent years, its value is uncertain.
“We’ll just see what people are prepared to pay for it,” Mr Scrivener said.
But SCN believes that luxury homes close to the sand in exclusive areas have the potential to sell for more than $10 million.
Auction results
12 Highland Place, Buderim
- Sold under the hammer for $1.1m
- Land
- Ray White, Jake Loiero
12 Alfriston Drive, Buderim
- Sold under the hammer for $1.06m
- 3 Bed, 3 Bath, 2 Car, Pool
- Ray White, Kathryn Willshire
282 Mooloolaba Road, Buderim
- Sold prior to auction for $925,000
- 3 Bed, 1 Bath, 3 Car
- Ray White, Kathryn Willshire
295 Ilkley Road, Ilkley
- Sold prior to auction for $720,000
- 3 Bed, 1 Bath, 4 Car
- Ray White, Kathryn Willshire
1 Kowandi Steet, Wurtulla
- Passed in for $940,000, on the market for $965,000+
- 3 Bed, 2 Bath, 1 Car
- Ray White, Ryan Cramer
10 Mittlestadt Road, Glasshouse Mountains
- Passed in for $1.3m, contact agent
- 5 Bed, 3 Bath, 10 Car, Pool
- Ray White, Chevonne Rees
1 Waigani Street, Bli Bli
- Sold post auction for $750,000
- 3 Bed, 1 Bath, 2 Car
- Ray White, Jake Loiero
30 Tulip Lane, Buderim
- Sold $1.126m
- 4 Bed, 2 Bath, 3 Car
- Ray White (Buderim), Brodie Rodgers
9 Aldinga Place, Mooloolaba
- Sold under the hammer for $2.263m
- 5 Bed, 3 Bath, 2 Car, Pool
- Ray White, Ryan Bradeley
401/88 Duporth Avenue, Maroochydore
- Sold under the hammer for $5m
- 3 Bed, 3 Bath, 3 Car
- Town, Craig Morrison and Zach Favell
11 Admiralty Drive, Alexandra Headland
- Sold under the hammer for $2.28m
- 4 Bed, 2 Bath, 2 Car, Pool
- Home Sunshine Coast, Kate Jewry and Jay Sherwell
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