PHOTO: PERFECT TENNIS
A magnificent tennis court, described as a “fantastic waterfront block,” has been sold in a significant deal worth $2.9 million on the Gold Coast. This sale price stands at three and a half times the median home price in Brisbane, which is $818,000.
Situated at 2613 Virginia Drive, Hope Island, the 1000-square-meter property was showcased by Cassie Jiang from Professionals – Vertullo Real Estate. This marked her first experience selling a tennis court.
A tennis court at 2613 Virginia Drive, Hope Island sold in a $2.9m deal.
The listing described the property as an exceptional opportunity to acquire a waterfront block on the grand canal with a splendid north-facing aspect. It emphasized the scarcity of such blocks and encouraged buyers to seize the moment to build their dream home and embrace the lifestyle offered by Hope Island Resort.
2613 Virginia Drive, Hope Island.
Featuring 20 meters of water frontage, the property is nestled within a gated community offering 24-hour security.
Property records indicate that the vendors purchased two adjacent 1000-square-meter blocks on Virginia Drive in 2010, each for $1 million. They developed a residence on No. 2614 and a tennis court on No. 2613. Fourteen years later, they opted to sell the tennis court.
2613 Virginia Drive, Hope Island.
According to Ms. Jiang, buyers are willing to pay a premium for land in Sanctuary Cove and Hope Island Resort due to the area’s prestige and the limited availability of vacant blocks.
The purchasers of the tennis court are Gold Coast locals who intend to construct a home on the property, recognizing it as the premier street within the resort.
Hope Island Resort offers its residents a superlative Queensland lifestyle, boasting shops, restaurants, and golf courses.
2613 Virginia Drive, Hope Island.
Property records also reveal that the neighboring property at 2612 Virginia Drive, inclusive of a five-bedroom house, fetched $2.8 million in September 2020.
SOURCE: NEWS.COM.AU