The top floor Bribie Island apartment sold by Michael Vettoretto of Queensland Sotheby’s International Realty was on the market for the first time in 20 years.
This top floor Bribie Island penthouse with ocean views has been sold by Michael Vettoretto of Queensland Sotheby’s International Realty following a 28-day auction campaign.
The apartment is positioned on the upper level of the highly sought-after ‘Genoa One’ building, situated on the absolute beachfront of Bribie Beach.
Source: Queensland Sotheby’s International RealtyThe penthouse was on the market for the first time in the 20 years since owner/builder Brian Russell of Genoa Constructions moved in with his wife.
Spanning approximately 286sqm, the 3-bedroom residence delivers an entertaining kitchen, with open plan living and dining and multitude of floor to ceiling windows capturing ocean breezes and natural light throughout. There is also a fully self-contained flat located on the ground floor for the overnight guests or extended family, a drive-through 3-car garage with 2.4m clearance and an exclusive 142sqm (approx.) rear yard on the title with room to store a boat or caravan.
Source: Queensland Sotheby’s International RealtySpeaking to WILLIAMS MEDIA, Michael Vettoretto of Queensland Sotheby’s International Realty said there were 48 in-person inspections prior to the sale. Four bidders registered for the auction, with 2 actually bidding before the apartment sold for $1,637,500.
“The spring market is in full swing and premium prices are being achieved,” Michael told WILLIAMS MEDIA. “Generally, we are seeing sea change buyers looking for a relaxed lifestyle.”
Source: Queensland Sotheby’s International RealtyMichael explained to WILLIAMS MEDIA that the popularity of Bribie Island real estate is increasing.
“With an increase in population, the changing face of Bribie Island as a destination is becoming more and more apparent to buyers. The $63 million Sandstone Point development including a Big Four Resort has added further to its popularity,” he said.
Source: Queensland Sotheby’s International Realty
To view the listing or for more information click here.
See more luxury Queensland real estate:
Bribie Island beachfront penthouse for sale - Queensland Sotheby’s
Mount Glorious land for sale, 1088 acres with coastal views and $18 million price guide - Sotheby’s
‘Cedardell Hill’ for sale for the first time in 17 years - Queensland Sotheby’s