Prestige Property Report

McGrath Estate Agents have proven that prestigious beachfront and waterfront homes are hot property in an otherwise slow market, with multiple recent sales well above $1 million. While the sales and marketing campaigns are attracting interest from Sydney and beyond, it seems there are plenty of cashed-up buyers who hail from the Central Coast. This is creating a trend of ‘location upgrades’ as locals who love the Coastal lifestyle seize the opportunity to move closer to the beach.

SALES

Blue Bay Beachfront sells at auction
An absolute beachfront home at 104 Ocean Parade Blue Bay has been sold for $1,800,000 to a local buyer. Agents Tyson Nicholson and Mat Steinweide commented that this property was one of the most exquisite parcels of land in NSW available. The four bedroom, two bathroom home with spectacular views is situated on 815sqm land and poised over the sands of prestigious Blue Bay. The property was listed for just five weeks with a large campaign in both Sydney and local publications. The property was previously listed was with another agent for several months without success.

The jewel in Terrigal’s crown
A three bedroom, three bathroom unit in ‘La Joya’ (The Jewel) at 4/15 Painters Lane achieved a sale price of $1,930,000 when it sold to a local buyer recently. The apartment complex epitomises the ultimate in sleek, ultra modern living while still maintaining the relaxed, cosmopolitan ambience for which Terrigal is renown. Agents Tyson Nicholson and Mat Steinweide negotiated the sale.

One of Forresters’ finest
A four bedroom home on 696sqm land at 3 Spoon Bay Road Forresters Beach has been sold for $1,750,000 after just three weeks on the market. An astute Sydney buyer has just acquired this blue ribbon beachfront reserve property and is intending to knock the existing home down and design and build his dream home. Agents Steve Dudley and Matthew Kidd commented that there were two eager buyers for the property and it was a case of first to exchange would secure the home. It is arguably one of the Coast’s finest beachside settings with commanding 270 degree ocean vistas across Spoon Bay, Wamberal Beach through to Terrigal and Copacabana headland.

MacMasters magnificence
A three bedroom home with two bathrooms at 95 Marine Parade MacMasters Beach fetched $1,625,000 when it sold to a Sydney buyer last month. The 613sqm beachfront property is just metres from the sand and is described by agents Steve Dudley and Matthew Kidd as an “exquisitely positioned weekender wrapped in spectacular ocean views.” The marketing campaign comprised local advertising, an internet strategy and the McGrath database.

Absolute waterfront at Saratoga
A five bedroom, three bathroom home with triple garage and pool at 21 Steyne Road Saratoga achieved a sale price of $1,210,000 when it was sold by Mat Steinwede and Deanne Hobday after auction. The huge home on 1,151sqm land offers panoramic views of Brisbane Waters from its absolute waterfront position with perfect northerly aspect. The property was sold to a local buyer.

North Avoca two-way views
A local buyer is the new owner of 60 Coast Road North Avoca – a substantial five bedroom home with four bathrooms and two separate living spaces which will be used to accommodate extended family. The outlook from this property is described as “two way ocean views” from its supreme position on the Terrigal-North Avoca crest. The home on 544sqm land was sold for $1,200,000 on the day of auction, after an extensive campaign in both Sydney and local publications which attracted much interest from Sydney and Canberra buyers. Agents Mat Steinwede and Deanne Hobday negotiated the sale.

Entertainer’s dream at Terrigal
A home at 8A Barnhill Road Terrigal achieved a sale price of $1,775,000 when it sold to a local buyer recently. The home boasts five bedrooms, four bathrooms and multiple balconies from which to take in the spectacular ocean views and enjoy the versatile indoor/outdoor living. Adding to the great location is direct access to the beach. Agents Jamie Doman and Mat Steinwede negotiated the sale prior to auction with a solid advertising campaign in Sydney and local publications. The buyer was from East Gosford.

New Lighthouse keeper
3/15 Cliff Avenue Avoca Beach has been sold for $4,000,000. The unit within the exclusive complex known as The Lighthouse offers the ultimate in privacy and seclusion with captivating views across the Pacific Ocean and Avoca coastline. The unit boasts four bedrooms, three bathrooms and double garage and is now owned by a local buyer. McGrath Estate Agents Jamie Doman and Mat Steinwede negotiated the sale as a result of a large campaign in both Sydney and local publications. The buyer was from Wamberal and the sale was a record price for apartments in Avoca Beach.

Back Send us your comments