Now, that was an expensive lunch
A LUNCH date with friends proved to be expensive for an interstate couple after they dropped more than $5 million on a Gold Coast house.
It was by chance that the buyers came across the Sanctuary Cove property on The Parkway but the opportunity was too good to pass up.
Ray White Prestige agent Matt Gates, who marketed the property with colleague Trish Edwards, said the buyers saw a sign advertising the house after lunch and called to arrange an inspection.
“They were actually just having lunch with some friends who already lived in Sanctuary Cove, looked at the house and fell in love with it,” he said.
Mr Gates would not reveal the buyers’ identities or the price they paid for the house, but said it sold for between $5 million and $5.5 million.
He said the spontaneous sale was the second highest price paid for a property fronting a golf course in Australia. The record stands at $6.5 million for the house at 2230 Arnold Palmer Dr, which Mr Gates sold earlier this year.
“The prices are just going gangbusters for golf course properties,” he said.
He said The Parkway property had generated a lot of interest from local, interstate and international house hunters after it hit the market in July.
“I think we had 10 or 15 inspections of the home in the first 30 days, which is a lot given the price of the property,” he said.
“We also had some Russian buyers looking at it.”
Its position overlooking the lakes and fairways of The Palms Golf Course was one of its most appealing features.
“It’s a very pretty aspect and one that you don’t have to maintain,” Mr Gates said.
It is the latest of several multi-million-dollar sales in the past few weeks.
A Reedy Creek property sold for $2.5 million last weekend while the Palm Beach home of former V8 Supercar driver Paul Weel sold for $5.5 million last week.
A jaw-dropping mansion on the Isle of Capri, which was home to ex-world champion rower Cy Pearson, also sold recently in a $5-million secret sale.
Mr Gates said the “flurry of activity” was a sign of a good spring selling season.
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