67 Follow that Chef

A Billion Dollar Year

Kollosche kicked off 2021 with a goal of hitting one billion dollars in unconditional sales.

Our vision was to bring the best agents on the Gold Coast and Northern NSW together under one umbrella; encouraging them to collaborate by sharing their contacts and experience for the greater good of our clients and the business.

Our mission was to be the prestige property agency of choice from Sovereign Islands to Byron Bay, adhering to core values of innovation, integrity and transparency to deliver the highest level of service and results for our clients.

The Kollosche team has now hit that milestone, surpassing $1 billion in property sales in early June, then with time to spare before the close of the financial year.

We’re proud of that achievement and the way in which the entire team - including agents, support staff, marketing and management - has worked together to achieve it.

We’re also grateful to our clients for entrusting us with the sale, purchase or leasing of your home, investment or commercial asset.

This year as a business we’ve also embraced more opportunities to give back to our community, with the entire team throwing its collective weight behind a wide variety of causes close to our hearts, through donations, time and awareness.

By Michael Kollosche

A stellar year for Commercial

The past year has been an exciting era in Gold Coast real estate and one in which our team has grown larger, stronger and more cohesive.

In June we marked one year since the launch of Kollosche’s Commercial arm, led by fatherson team Tony and Adam Grbcic. The Grbcic’s formidable blend of experience, education and commitment has seen them go from strength to strength, backed by the support of their dedicated team.

The $42.3 million sale of the Greenmount Hotel in Coolangatta set the bar high from the get-go in January and the Commercial crew have continued to deliver exceptional campaigns and results for our clients.

Picture: ‘Bellagio’ 26 Hampton Court, Sovereign Islands

Momentum to hold through winter

Interstate interest, low stock levels and low interest rates are set to fuel ongoing momentum in the Gold Coast market as we move into what is seasonally a quieter period for property.

Crisp bluebird days and mild temperatures make winter a magical season on the Gold Coast and our friends in southern states know it.

Kollosche agents report enquiry from Melbourne and Sydney has picked up as the mercury drops and the prospect of another long, gloomy winter sets in for some.

The recent round of lockdowns and restrictions in Melbourne has also triggered fresh interest in Gold Coast real estate as residents take action on their desire for more space, sun and surf.

That interest is predominantly focused on new and established apartments, with many looking for a lock and leave escape to test the waters with a view to relocating longer term.

Recently a Melbourne-based couple approaching retirement signed an expression of interest on a half floor, three-bedroom apartment inside Infinity Broadbeach. The enquiry came through to our team on a Saturday morning, all information was provided over a series of calls and a contract was signed that same evening.

An additional three contracts were signed on Infinity apartments that same week, at prices ranging between $1,500,000 - $1,800,000.

Now under construction on the corner of Surf Parade and George Streets, right in the heart of Broadbeach, residents-only Infinity will deliver 60 spacious apartments over 39 storeys.

The size of the apartments - the largest on the market in Broadbeach, at 216m2 for a half floor and 432m2 for whole floors - holds major appeal for our city buyers and local downsizers.

The lifestyle benefits of the location also suit those buyers keen on the concept of walking to the beach, cafes and restaurants, The Star Casino and Pacific Fair Shopping Centre.

While the FOMO-fuelled frenzy which drove rapid price growth during the first few months of the year has settled somewhat, demand for quality homes is yet to subside.

A three-level beachside beauty located 100m from Kirra Beach at 4 Lang Street, Bilinga was snapped up prior to auction for $3,500,000 in May. Last month an ultra modern tri-level villa at 20b Conifer Crescent, Broadbeach Waters quietly changed hands off-market for a premium price of $1,925,000.

Also in June a five-bedroom waterfront residence at 18 Viking Court, Paradise Waters sold by private treaty for $3,750,000.

The energy in our office suggests we’re only just getting warmed up as we work hard to serve our clients through a glorious Gold Coast winter.