Some of the Gold Coast’s most extravagant homes will go under the hammer on one day as part of what agents call the biggest auction in the country.
One of the most opulent is “Eagles Retreat”, a home perched on Tamborine Mountain. The four bedroom property was designed and built by investment manager Brett McMahon and his wife, Denise.
The house was constructed around a central area for entertaining guests. “It aims at creating a sense of fun for everyone who comes here,” Mr McMahon said.
It features a heated pool, deck, and outdoor lounge as well as an open plan indoor living areas.
“My wife and I had spent our lives travelling around thanks to our work and we spent a lot of time in a lot of great houses, and decided to build our own,” said Mr McMahon.
Helicopters are also cleared for landing on the mountain-top acreage and Mr McMahon has grand visions of an actor or similar celebrity buying his home. “Why not turn up to the set every day in a chopper?” he said.
Mr McMahon volunteered to be included in Ray White Surfers Paradise’s auction bonanza, The Event, with hopes of reaching the biggest audience possible. Agents organised 131 different properties to be auctioned on the day, with a huge crowd of buyers expected.
Chief executive Andrew Bell said The Event began more than two decades ago, with the goal of maximising sales and prices.
Mr Bell said his team does this by attracting thousands to the auctions. The Event was scheduled for January to get the as many bidders as possible, he said.
“At the time of year we have a massive amount of influx of people come here to the Gold Coast,” Mr Bell said.
A fifth floor, three bedroom apartment in Surfers Paradise’s tallest building is also up for grabs.
Selling agent Henk Schreurs said the apartment in Q1 must sell, no matter the price. “It will be the cheapest three-bedder you can buy in the building,” he said.
The owner bought off the plan and then turned a two bedroom apartment into a three bedroom. Three bedroom apartments built off the plan traditionally start on the 22nd floor.
“We have people booking from as early as June to take part in The Event in January,” Mr Bell said. “There’s a real sense of pride that we’ve created this national phenomenon which is now recognised around Australia.”
Doors open at the Gold Coast Turf Club at 10am on January 29. Bidding begins at 11.