Surfer's D'bah abode up for grabs for a mere $2million
PRO surfer Luke Egan's luxury Duranbah pad is for sale for almost $2 million as the higher end of the property market in the region continues to gain momentum.
The four-bedroom, three-bathroom apartment is one of six in the block, each with their own storey, developed by Egan at 13 Eden St seven years ago.
The apartment, listed for offers over $1.975 million, is perched on the south-east side of Point Danger, boasts 250-degree views of the Tweed River, the ocean, groyne and hinterland through floor-to-ceiling 3m full-length glass windows.
Other features include an entertainer's balcony, a 20m infinity wet-edge pool, a cocktail bar and a gym.
The property is surplus to his family needs. But Egan's home is by no means the most expensive apartment currently on the market in the region.
There's a $2.6 million price tag on a property at Elysee Apartments in Haig St, Cool- angatta.
Meanwhile, the asking price for a three-bed- room four-bathroom apartment at 1102 Creek St, Coolangatta overlooking Kirra Beach is $3.3 million.
Marketing agent Sue Bell from Bells Beachside Realty, who specialises in luxury apartments and penthouses, said the $3.3 million property was the most expensive she had so far represented but she had another listing for $3.9 million to be launched next week.
Ms Bell said after a quiet five years the market was starting to move.
"High-end properties that have been on the market for a while are definitely getting attention," she said.
Egan's agent DJ Stringer Property Services principal David Stringer, said upper-end residential property was gathering pace as a result of moti- vated sellers and low interest rates.
Mr Stringer said buyers were now confident the market had bottomed out.
Mr Stringer said he had recorded 19 sales in the top-end bracket valued at more than $26 million in the past 12 months.
The sales have been a combination of prime beachfront properties and acreage homes.
Egan's home is open for inspection from 12-12.30pm today.