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First Collection of Properties

Ray White Runaway Bay, Paradise Point and Sovereign Islands are staging the first collection of prestige properties for auction in upper-northern Gold Coast for 2010 on the 27th of January at the Hyatt Regency in Sanctuary Cove.

Included in the schedule are: a rare, absolute beachfront residence in the prominent “Jade” estate in Surfers Paradise and one of the most beautiful homes in Hollywell – 7 Abel Tasman Place.

Sovereign Islands’ prestige specialist Amir Mian said that auctions continue to be a top choice in the sale of properties on the Gold Coast, due to its open and fair arena for both the seller and the buyer – a trend of trust in a methodology that is gaining momentum by the day.

“I have been receiving increasing daily enquiries, for properties and land parcels in Sovereign Islands.

There is definitely a large amount of buyers out there that not only have confidence in the growth of the market, but are lining up to take advantage of current market conditions.

“The high end market is on the way up, with a strong demand from overseas and local buyers.”said Mr Mian, who has recently had consecutive record months – selling $15million of property last month, with four homes and three land allotments sold on Sovereign Islands alone.

“I have no doubt that the auction process will continue to be one of the top choices of sale for prestige homeowners.”

Mr Mian has also recently sold an allotment on Sovereign Islands for $1,900,000, a price comparable to those achieved at the market’s previous peak.

The stunning homes at the Runaway Bay and Paradise Point auction will be auctioned by seasoned auctioneer Nigel Long, who has had years of diverse experience within the industry.

Ray White Runaway Bay and Paradise Point principal Ali Mian said:

“We have achieved a tremendous result with the assembly of this auction.

It’s definitely a sign that the market is well on the way up, and of much more confidence returning, especially in the higher end of prestige property.

We are all very heartened by the amount of interest that this auction has generated.”

Ray White Runaway Bay and Paradise Point specialise specifically in the sale of properties in their area, and maintain a team of over 35 dedicated local professionals across the two offices.

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