Local buyers lead the way at mega-auction event

first_imgPictured at the RACV Royal Pines Resort for the Ray White’s The Event, mega auction. Picture Mike BatterhamBidding on the property inched upwards before the Parzatkas took it from the underbidder by just $1000, for $1.256 million.Mrs Parzatka said she had an eye on a few properties she had viewed in the lead-up to The Event, but was ultimately attracted to the Isle of Capri home for its weekly rental return of $1250. “We bought it as an investment property,” said Mrs Parzatka, who lives in an apartment in Surfers Paradise with her family. Pictured at the RACV Royal Pines Resort for the Ray White’s The Event, mega auction. Picture Mike BatterhamBernadette Parzatka and husband Henry were among several buyers on the day who “stood fairly firm” to successfully outbid their competition.The Parzatkas snapped up a five-bedroom, three-bathroom home at Isle of Capri. “I think from watching all the reality TV shows … we know the tricks,” Mrs Parzatka said. Pictured at the RACV Royal Pines Resort for the Ray White’s The Event, mega auction. Buyers Henry and Bernadette Parzatka with their daughters Brooke (left) and Zoe. Picture Mike BatterhamA MIX of local and interstate buyers engaged in frenzied bidding as Ray White Surfers Paradise Group cleared a whopping $35.4 million worth of sales at a mega-auction yesterday.A crowd of about 1000 people, including more than 170 registered bidders, crammed into the RACV Royal Pines Resort in Benowa to be part of the agency’s legendary annual The Event auction. Ray White’s The Event at the RACV Royal Pines Resort. Picture: Mike BatterhamWhile the $35.4 million worth of deals confirmed at time of going to press was impressive, that figure is expected to climb further in coming days and weeks as sales are finalised.More from news02:37International architect Desmond Brooks selling luxury beach villa20 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“We’re likely to see the momentum from this auction continue into the next month or so,” Mr Bell said.“We’re expecting to secure sales for a number of properties passed in over the weekend over the coming weeks.” Bidding frenzy. Picture Mike BatterhamThe highest price paid under the hammer yesterday was $1.4 million for 360 acres at 126 Blacks Rd, Kingsholme.However a Xanadu North penthouse at Main Beach sold for more than $5 million ahead of The Event.There were also some great buys for eagle-eyed bargain hunters, with a Southport unit snapped up for a mere $132,000. Pictured at the RACV Royal Pines Resort for the Ray White’s The Event, mega auction. Picture Mike BatterhamMrs Parzatka has bought property through auction before, but said The Event was the largest of its kind and that she would recommend it to other buyers.“It is a bit scary … you just have to be careful not to get caught up in the action,” she said. Auctioneer Andrew Bell in action. Picture Mike BatterhamRay White Surfers Paradise Group CEO Andrew Bell said the success of the auction showed confidence in the Gold Coast economy remained strong.“The strong contingent of local buyers was the big surprise of the day,” Mr Bell said.“The other was the strength of bidding for properties around the $1 million to $1.5 million mark.“Together they are an indicator of the strength of the local economy and the confidence of local buyers in their home market.“The other notable trend is the return of the holiday home market, particularly from Sydney.”last_img read more

Joy Sports EPL team news as Mertesacker set to sit out and more

first_imgAll the team news ahead of the weekend’s Premier League action, with Arsene Wenger preparing to replace injured Per Mertesacker with Gabriel Paulista.(All times 2pm GMT unless stated)SATURDAYBurnley v Leicester CityA relegation slugfest between the two sides automatically promoted last season – can Leicester make it four in a row? Burnley have no fresh injury concerns; David Nugent is a major doubt for the visitors. Crystal Palace v Hull City Hull desperately need the points against a Palace side already assured of survival.Lee Chung-yong could feature for Crystal Palace, but Mo Diame appears unlikely to make his return to the Hull starting line-up. Newcastle v SwanseaIt’s too late for the Swans to find a way into the Euro spots, but it’s not too late for Newcastle to go down… Siem de Jong returns to the hosts squad for the first time since August after recovering from a collapsed lung. Jefferson Montero is pushing for a spot in the Swansea XI.QPR v West HamA West vs East London derby which Queens Park Rangers absolutely have to win – but Sam Allardyce desperately needs a job-boosting three points. Chris Ramsey will decide late on whether to risk Leroy Fer, while West Ham will be unable to welcome back any players from the injury room.Stoke City v Sunderland Adam Johnson is available for selection, which has taken the spotlight from what is a must-win game for out-of-sorts Sunderland. Peter Odemwingie is likely to be among the substitutes – the Stoke striker has not been involved with the first team on a match day since August.West Brom v LiverpoolSteven Gerrard won’t finish his storied Liverpool career by lifting the FA Cup – but a top-four finish is still possible. Andre Wisdom is ineligible to play against his parent club, who are missing Daniel Sturridge.Manchester City v Aston Villa (16:30)Tim Sherwood’s boys are on top of the world, but the champions will look to make an example of them to reclaim second place. City welcome back David Silva; Gabby Agbonlahor could return for Villa. SUNDAYEverton v Manchester United (12:30)Louis van Gaal remains ravaged by injuries while Everton could really do with a scalp to end a miserable season on a high. Steven Pienaar is unlikely to feature for the hosts, while United are without defenders Phil Jones (ankle), Marcos Rojo (adductor) and Rafael (rib).Arsenal v Chelsea (15:00)If Chelsea win, they’re pretty much the champions. But a first Arsene Wenger triumph over Jose Mourinho could lead to a dramatic finish. Per Mertesacker is doubtful for Arsenal, with Gabriel Paulista ready to deputise. Chelsea will make a late call on Diego Costa’s fitness. –Follow Gary Al-Smith on Twitter: @garyalsmithlast_img read more