{"id":40377,"date":"2022-10-04T07:11:42","date_gmt":"2022-10-03T18:11:42","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=40377"},"modified":"2022-10-04T07:11:42","modified_gmt":"2022-10-03T18:11:42","slug":"late-race-car-legends-home-still-on-the-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/late-race-car-legends-home-still-on-the-market\/","title":{"rendered":"Late race car legend’s home still on the market"},"content":{"rendered":"

PHOTO: Sir Jack Brabham. ABC<\/strong><\/p>\n

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The breathtaking Gold Coast<\/a> penthouse, once owned by the late Sir Jack Brabham, failed to sell at auction on Saturday with agents now taking expressions of interest.<\/p>\n<\/div>\n<\/div>\n

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It may not be surprising to some, with auction volumes remaining low this week as a result of the upcoming public holiday on Monday in Queensland, New South Wales, the Australian Capital Territory and South Australia.<\/p>\n<\/div>\n<\/div>\n

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According to Domain\u2019s latest data, last Saturday\u2019s auction results saw a clearance rate of 21.4 per cent for the Gold Coast.<\/p>\n

\"Simon<\/a><\/div>\n
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High-end real estate agents are being plagued by fake buyers<\/a><\/h2>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n
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However, volumes are expected to rise in the coming weeks as we head towards the middle of the busy spring selling season.<\/p>\n<\/div>\n<\/div>\n

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The penthouse at 108\/21 Bayview Street in Runaway Bay is on the market for the first time in 20 years. According to PriceFinder, it last sold for $1,625,000 in February 2001.<\/p>\n<\/div>\n<\/div>\n

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\"The
The penthouse the late Sir Jack Brabham once owned is still on the market. Photo: Getty<\/strong><\/em><\/figcaption><\/figure>\n
\"The
The Gold Coast property failed to sell at auction on Saturday, with agents now taking expressions of interest. Photo: Lucy Cole Prestige<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n
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Brabham, an Australian racing driver and F1 world champion in 1959, 1960 and 1966, once owned the abode. The sporting legend died in May 2014.<\/p>\n<\/div>\n<\/div>\n

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Listed by Lucy Cole Prestige, the penthouse is a sight to behold with incredible coastline views.<\/p>\n<\/div>\n<\/div>\n

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\"108\/21<\/div>\n
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108\/21 Bayview Street, Runaway Bay QLD 4216<\/span><\/strong><\/em><\/p>\n
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The penthouse occupies two levels and boasts a rooftop pool and spacious balcony that\u2019s perfect for entertaining.<\/p>\n<\/div>\n<\/div>\n

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Level one contains the open-plan lounge and dining areas, and there\u2019s also a bedroom and ensuite with breathtaking views of the ocean.<\/p>\n<\/div>\n<\/div>\n

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\"The
The penthouse is on the market for the first time in 20 years. Photo: Lucy Cole Prestige<\/strong><\/em><\/figcaption><\/figure>\n
\"The
Interiors are modern with whitewashed walls, plush carpet and floor-to-ceiling windows. Photo: Lucy Cole Prestige<\/strong><\/em><\/figcaption><\/figure>\n
\"The
The open-plan layout allows for ease of movement and makes the home perfect for entertaining. Photo: Lucy Cole Prestige<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n
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The second level contains the remaining bedrooms and ensuites, as well as a lounge and kitchenette, the rooftop pool and a built-in barbecue.<\/p>\n<\/div>\n<\/div>\n

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Interiors are modern with whitewashed walls, floor-to-ceiling windows, granite benchtops in the kitchen and top-notch appliances including a Gaggenau oven.<\/p>\n<\/div>\n<\/div>\n

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Mixed results across the combined capital cities were felt at Saturday\u2019s auction day, with many properties either getting passed in or selling at their on-market value.<\/p>\n<\/div>\n<\/div>\n

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The property at 14 Sovereign Way features clean lines, soaring ceilings, generously sized bedrooms, a chef\u2019s kitchen and ample areas for entertaining.<\/p>\n

\"Luxe<\/a><\/div>\n
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Luxe Listings Sydney star reveals how much commission agents make from their sales<\/a><\/h2>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n
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Also in Melbourne, the property at 93A Argo Street in South Yarra was initially passed in at auction for $1.21 million. A sale was agreed for $1.28 million with the buyer after.<\/p>\n<\/div>\n<\/div>\n

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Listed by Kay & Burton, the two-bedroom, one-bathroom home had a price guide of $1.2 to $1.3 million.<\/p>\n<\/div>\n<\/div>\n

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Matt Davis, Kay & Burton\u2019s senior sales consultant, said the buyer is a \u201csingle occupant, relocating from St. Kilda Road and upgrading from an apartment to this beautiful two bed house\u201d.<\/p>\n<\/div>\n<\/div>\n

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The charming Victorian residence enhances indoor, outdoor flow and boasts high ceilings, clean lines and timber floorboards.<\/p>\n<\/div>\n<\/div>\n

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Despite the slow start to auction day on Saturday, the clearance rate across the combined capital cities is expected to rise in the coming weeks.<\/p>\n<\/div>\n<\/div>\n

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According to Domain\u2019s latest data, last Saturday saw an improvement in the combined capitals clearance rate, hitting 60.2 per cent.<\/p>\n<\/div>\n<\/div>\n

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This is the highest clearance rate since April and the fourth week in a row of a clearance rate above 55 per cent.<\/p>\n<\/div>\n<\/div>\n

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\"The
The future buyer will be able to luxuriate and soak in the incredible views from the spacious balcony. Photo: Lucy Cole Prestige<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n<\/div>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

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