PHOTO: FILE
Seized Luxury Properties Hit the Market Across Multiple States
Millions of dollars worth of homes, ranging from luxury designer residences to stunning beachfront properties, have been seized for resale by mortgagees across multiple states. Cash-rich house hunters and savvy investors now have the opportunity to explore around 30 such properties listed by mortgagees on realestate.com.au.
Among the prime properties is the unique waterfront house at 37 Warne Terrace, Caloundra, Queensland. Less than an hour north of Brisbane’s CBD, this property offers uninterrupted views of the Glasshouse Mountains, Pumicestone Passage, pristine beaches, Bribie, and Moreton Islands. Built in 1984, it is zoned for high-density residential development, allowing for buildings up to four storeys high. The property is currently being marketed by Iain Simms of Henzells Agency, with an expressions of interest campaign closing midday on June 24.
An uninterrupted water view from 37 Warne Terrace, Caloundra in Queensland.
The house is zoned high density residential and is backed by apartment buildings.
Described by Simms as “one of coastal Australia’s most exciting real estate opportunities in years,” the block is praised for its absolute beachfront location and unparalleled views.
In Northbridge, New South Wales, another elite mortgagee sale is a luxury home at 11a Noonbinna Crescent. Located just 9km from Sydney’s CBD, this five-bedroom home overlooks Sailors Bay. Listed by Highland Double Bay agents David Malouf and Harry Schier, the property boasts bespoke interiors by acclaimed Poco Designs. Features include a gym, steam room, media room, two studies, an outdoor kitchen, swimming pool, and resort-style alfresco spaces.
11a Noonbinna Crescent, Northbridge, looks over Sailors Bay, 9km from Sydney CBD.
The new home is in a very elite part of the NSW capital.
Victoria offers its own rare opportunity with ‘The Goslings,’ a country estate at 1746 Boneo Road, Flinders. Spanning over 40 hectares, the estate includes a sprawling four-bedroom main house with ocean views from every room, direct beach access, three living areas, a 360-degree view study, an outdoor entertaining area with a pizza oven, a studio, a four-car garage, and a wine cellar. Listed by Rob Curtain and Danielle Vains of Peninsula – Sotheby’s International Realty, the property is already under contract.
An absolute dream set up at 1746 Boneo Road, Flinders, in Victoria.
The economic squeeze is prompting a variety of properties to come to market, with around 13 publicly listed for sale by mortgagees. These include land seized from developers and land bankers. One notable listing is a 17-hectare block in Park Ridge, 35km from Brisbane CBD, which is already under offer due to high demand for new housing on the outskirts of major capitals.
With properties spanning multiple states and offering unique features and prime locations, this surge of mortgagee listings presents significant opportunities for buyers and investors alike.
SOURCE: NEWS.COM.AU