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No compromise necessary for a sweet $745,000

By Dan Sowden

Searching for a property can sometimes equate to making a compromise; giving up location, space or other amenities in order to fit the budget. But 126 Paradise Circuit, Maroochydore, hit the sweet spot, where location meets spaciousness, all for the sweet price of $745,000. Approximately 10 minutes from the CBD, sits the 3 bedroom, 2 bathroom townhouse in the 2 year old complex, ‘Tide Residences’. The well kept complex features an exclusive recreation club, pool, communal BBQ and kitchen area, adding an extra element of delight to the already impressive property. Spread across two levels, brilliantly lit by an abundance of natural light, the crisp tones and timber hues create a cool coastal welcoming to its visitors.

We sat down with Ray White Maroochydore Real Estate Agent, Niall Molloy to find out what else made this townhouse such a catch. 

“In the current competitive Sunshine Coast property market, buyers are having to choose between living further away from the action of the CBD or compromising on size. This was a property that was technically a townhouse but offered more space than most, creating a nice balance between a house and an apartment in the property.” says Niall. 

As a popular location on the Sunshine Coast, Maroochydore is in high demand, close to businesses, cafes and restaurants, beautiful beaches and proximal to other natural wonders of the coast. 

So when it came to inspection time, there was no doubt in this Sunshine Coast real estate agent’s mind that there would be crowds of interested parties drawn to the property.

“We had about 47 groups walk through the Maroochydore townhouse. The property had a lot of interest from day one, so come auction day, a pretty big crowd showed up. A lot of them were intrigued neigbours, coming to check out what the property market was doing. But this type of property attracted buyers from all walks of life, from downsizers, young professionals, first home buyers and those who just love the idea of a property situated here where they can enjoy the coastal lifestyle.” says Niall. 

The auction opened at $600,000 and with 4 registered bidders, slowly went up as each party fought to stay in the running. The property was called on the market at $710,000 which is where the bidding got more serious and the fear of missing out kicked in. Motivated by pressing timelines with their own properties, it finally came to a head between two bidders when the winning bid landed at $745,000, a number the sellers were ecstatic to hear. 

“My favourite thing about seeing a property sold under the hammer is the smile on the buyer and seller’s faces. Particularly the sellers, when the final price is more than what they were expecting! The extra pocket money can go towards their next property. Whether it be a renovation on the kitchen or bathroom, or paying off a little more of the mortgage, it’s just really nice to know they’ve got that extra to invest with.” says Niall. 

If you’re in the market for a Sunshine Coast real estate agent who cares about the people behind the property, contact Niall Molloy for a chat.

Written by Smith Madden

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