A surprising Currumbin Valley acreage property with a 100-year-old house and its personal non-public lagoon with sandy seaside has offered for $4.5m, smashing the suburb document by $500,000.
The ten.4 acre property at 507 Currumbin Creek Rd was marketed by John Fischer, of PRD Actual Property, and offered cash-unconditional to a household relocating from the semirural suburb’s beachside counterpart of Currumbin.
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Information present the distributors bought the historic property for $1.43m in September 2015.
Mr Fischer mentioned the steep rise in sale value was no shock, given the large demand from each native and interstate consumers for acreage property within the sought-after southern enclave.
“A yr in the past I might have been in absolute shock, however clearly it’s a really totally different market at this time, and whereas it’s actually a superb value we’ve had another current gross sales which have justified that value so I’d say it’s spot on,” Mr Fischer mentioned.
The three-bedroom heritage house as soon as stood on Marine Pde, Coolangatta and was moved in 4 sections to its present location fronting Currumbin Creek. There’s additionally a one-bedroom studio or separate workplace on the property.
Interval options of the principle home embody timber flooring, ornate ceilings, vertical be part of panelling and leadlight glasses home windows. Excessive raked ceilings grace bedrooms together with an expansive sunroom, and there’s a business kitchen and laundry plus a butler’s pantry and extensive al fresco entertaining decks.
However it’s outside that can take your breath away, with a strolling deck round lush gardens and the function man-made lagoon and swimming gap, edged by a sandy seaside and trimmed with tropical coconut palms.
The property has 4 sheds and 5 enclosed horse paddocks in addition to a spherical yard.
Mr Fischer mentioned the distributors had acquired one other provide which was even larger, nonetheless the phrases of sale have been much less beneficial.
“Currumbin Valley has positively been fairly tightly held. It’s attracting an actual mixture of native consumers and lots of people from interstate who’re working from house extra, and seeking to make that way of life change the place they will have a little bit of house to be self-sustainable.”
Currumbin Valley was ranked among the many Coast’s standout markets on the again of the post-pandemic way of life shift by folks shifting from city space seeking extra space.
The suburb’s median home value soared 42.9 per cent to $1.25m within the 12 months to March, Actual Property Institute of QLD knowledge reveals.
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