Palm Cove owners buy house and land in front to ensure coastal views
A FAR North couple went to great lengths to make sure the views from their new home on the northern beaches would never be built out.
The new owners of Lot 28 9 Savaii Cl in Palm Cove bought the stunning four-bedroom, four-bathroom property showcasing cutting-edge architecture for $1.275m after a lengthy campaign by First National Real Estate agent Mark Carmady.
To make sure no one built out the expansive views to Double Island the Coral Sea, the owners also picked up the vacant block at Lot 29 adjacent to the home for $425,000.
“I haven’t seen buyers do this often but I certainly have seen it,” Mr Carmady.
“Like everything it comes down to the individual property. I said to the buyers because you don’t have any control over what the neighbours might build and they may build up and block your aspect, they decided to get the vacant land.
“It does come back to budget though.
“We had a lot of interest in the house but a lot of people wanted more usable land versus just the view. This is a house that was more about lifestyle in that aspect. It took a little while to find a buyer.”
The home sits in an exclusive gated community and the kitchen features a polished concrete island bench with suspended bench top.
An infinity design pool and a timber deck area with suspended day bed offer a great spot to relax and unwind.
The are no rear neighbours, fully irrigated self-maintained gardens and no yard maintenance.
Mr Carmady said the million dollar-plus property market was becoming “more robust” but the most strength was coming from mid-range properties between $500,000-700,000.
“Usually big buyers aren’t fazed by banking or finance,” he said.
“They seem to have enough collateral to buy property whenever they want.
“Palm Cove is certainly a sought-after suburb especially for people from interstate. I’ve had a lot of inquiry about Palm Cove — it is like the mini Noosa.
“It has that holiday atmosphere with the restaurants and cafes and all the bits and pieces.”