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Be quick or miss out!

By Dan Sowden

58/110 Sixth Avenue, Maroochydore
Sold by Pam Thomas for $800,000

It’s a sign of the buoyant Sunshine Coast real estate market when agent Pam Thomas says she could have sold a property “five times over”, and that’s exactly what happened when this stunning three-bedroom Maroochydore apartment hit the market recently.

Located on the top floor of “Maroochy Sands”, with breathtaking ocean views as far as the eye can see, the unique property is not something you see every day.

Originally the floor area of a two-bedroom apartment and three-bedroom apartment, the space was combined by the original developers creating a property like no other in the building, or the area for that matter.

“I could have sold it about five times over. There are a few people probably kicking themselves right now that they didn’t move a little quicker. It’s just the nature of the market at the moment, it’s moving so quickly,” says Pam.

“Although there was a lot of interest locally and from other owners in the building, they just weren’t prepared to go high enough and it was passed in at auction. However, a buyer relocating from New South Wales just walked in and fell in love with it.”

And with the uncertain and unsettling year that has been, Pam says she is witnessing more interest from our Southern neighbours who are now putting lifestyle first.

“A webinar I listened to recently refers to it as Covid clarity. In lockdown, people were having some serious conversations about what is important in life. They have realised they don’t have to be based in the city and there is more flexibility to work from anywhere. We have seen a big influx of people who are choosing to live by the coast,” says Pam.

Having originally purchased the property from Pam 18 months ago, the vendors have also since relocated to the Sunshine Coast from Melbourne along with their parents.

“They purchased it as a base here and were holiday letting it. However, they then moved to the Sunshine Coast and their parents followed so it wasn’t going to be suitable for all of them and they both bought in Buderim just one door apart,” says Pam.

Originally concerned about selling in what they thought might be a slower market due to Covid, the vendors were delighted with the amount of interest their apartment attracted.

“They bought it from me for around $730,000 and sold for $800,000, so they were really happy with the outcome,” says Pam.

Located in what is the Sunshine Coast’s first high rise apartment block, the new owners will also reap the rewards of the building’s recent renovations.

“She is a pretty grand old lady, celebrating her 50th birthday in April,” says Pam. “The building has undergone a major transformation including new lifts, balcony extensions, updated common areas, new glass balustrades, powder-coated privacy screens between apartments and a revamped pool area.”

With plans to work from home, the lucky new owner will enjoy stunning ocean views from her office. The only problem with such an idyllic backdrop might be actually getting any work done!

Now that’s a dilemma most of us could probably live with!

Written by Ingrid Nelson

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