Unique fibro residence on Jefferson Lane to go beneath the hammer

233 Jefferson Lane, Palm Seashore, will go beneath the hammer on Friday.

THE probabilities of snapping up an authentic beachfront residence will dwindle additional come Friday when a shack in Palm Seashore goes beneath the hammer.

The property has been within the arms of the identical household since 1958 and is certainly one of solely about 20 authentic beachfront homes left alongside the strip.

The home is ready to fetch a fairly penny.

Positioned at No. 233 on the sought-after and prestigious Jefferson Lane, advertising agent Troy Dowker of Kollosche, mentioned it was an distinctive land holding on which a purchaser might make their mark.

The three-bedroom fibro residence sits on a 413sq m block between Thirteeth and Fifteenth Ave and backs immediately on to the sand at Palm Seashore.

The home has been owned by the identical household since 1958.

Mr Dowker mentioned the demand for status homes within the space made the property an interesting providing for consumers in search of to undertake a seashore life-style.

“There’s been some huge gross sales in Palm Seashore of late with a excessive demand for status homes,” Mr Dowker mentioned.

“The absorption price for properties like this being at an all-time hight,” he mentioned.

There are solely a handful of authentic shacks left on the beachfront.

“Very quickly there received’t be any of those fibro shacks left.

“It is a nice alternative for somebody to accumulate in a prestigious tackle with all the approach to life and facilities Palm Seashore has to supply.”

Palm Seashore’s profile has been grabbing headlines this yr after a collection of bumper gross sales that led it to be dubbed Barmy Palmy.

The home goes beneath the hammer this week.

In June a vacant block fronting Jefferson Lane bought at public sale for $2.4 million, which was $1 million greater than veteran Coast developer John Potter paid for it three months prior.

Additionally in June an interstate purchaser stumped up $6.1 million for a comparatively modest beachfront residence at 135 Jefferson Lane owned by the one household since 1978.

The sale trumped that of Defence Minister Peter Dutton’s residence at No. 109, the place the consumers paid $6 million.

233 Jefferson Lane is correct on the beachfront.

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