$1.8 million sale inspires Hope in listing hotspot

first_imgDressed for success! A great result for the vendor. Source: realestate.com.auMr Phillis said the advertised price of $1.8 million was “obviously ambitious” for a single level home, leading the vendors to be extremely happy with their sale result. “Being a gated estate, you don’t have big groups of 20 or 30 coming to open inspections. We had about three or four inspections before we sold it.” The property at 1058 Rosebank Way recently sold for $1.79 million. Source: realestate.com.au There are 9 properties listed on Rosebank Way. Source: realestate.com.auThere are currently nine listings for Rosebank Way, and two listings for adjoining Rosebank Way West, including a single storey four-bedroom, two-bathroom residence on the market for $1.49 million and a renovated single storey abode with a pool at 1051 Rosebank Way, that sold for $1.38 million back in 2009. The new owners can soak up the modern finish. Source: realestate.com.auMr Phillis said it’s indicative of Hope Island’s status as a “hot suburb”. In June, he sold a four-bedroom, three-bathroom house next door for $1.9 million.“Those buyers were a retired couple looking for a holiday house. So it just goes to show there is a completely different mix of people looking to get into Hope Island,” he said. The sale was put to bed earlier this month. Source: realestate.com.auProperty records show just up the road, 1056 Rosebank Way sold a month later in July for $1.92 million. No decking around. The pool setting has river views. Source: realestate.com.auThe Bahamas themed residence is described as having one of the best outdoor decks on the Gold Coast, on one of Hope Island’s best streets. The property was on the market for 67 days. Source: realestate.com.auAgent Alex Phillis said the sale is proof of the Chinese market’s longevity. “A lot of people are saying there’s no more Chinese buyers but I disagree,” he said.“We identified the buyer straight away. It shows the Chinese market is still there.” More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours ago02:37International architect Desmond Brooks selling luxury beach villa22 hours agoLounge in style. Source: realestate.com.au 1058 Rosebank Way, Hope Island. Source: realestate.com.auAN “ambitious” Hope Island property listing has come out smelling like roses, after a Chinese investor snapped up the riverfront residence just shy of the vendor’s $1.88 million price tag. The revamped property on Rosebank Way sold for $1.79 million, after 67 days on the market, and changing marketing agents about halfway through its campaign. last_img read more