PR and marketing

Media Release: Yamba property gems for sale through SOLDONLINE.COM.AU

Catriona Pollard - Tuesday, July 20, 2010
Retired motel brokers are liquidating some of their Yamba real estate portfolio which will be sold through Australia’s premier online property auction site SOLDONLINE.COM.AU

The portfolio includes the famous Yamba landmark, the Surf Motel and three luxurious apartments

The Surf Motel auction will begin online on 13 August and will run for ten days. The three apartments will be sold separately on 12, 19 and 20 August with each auction running for five days. 

Property vendor and motel broker Jan Dampney said, “I like the concept of SOLDONLINE.COM.AU as it gives the buyers time to think and make bids in their own time from the comfort of their own home.”

“SOLDONLINE.COM.AU helps take the stress out of the traditional auction process as well as providing a fairer and more transparent method to buying and selling properties.”

“Buyers like the online system and from our perspective, whatever helps the buyers will in the end help us,” said Mr Dampney. 

Director of SOLDONLINE.COM.AU and Licensed Real Estate Auctioneer, David Scholes said, “Nearly 80 percent of properties are researched online, so it makes sense to have auctions online as well.”

“We have made auctions accessible for a greater range of bidders who can register and bid from wherever they are at their own convenience. This way both buyers and sellers have increased flexibility and can make their decisions from the comfort of their own home in their own time.”

“In this case we are expecting many of the interested buyers to come from out of the Yamba area, as well as from within - an online auction definitely makes the bidding process easier for these bidders.”

 “As people are becoming increasingly time poor, the world more global and people more computer literate, online auctions will quickly become a favoured alternative. Online auctions are the way of the future,” said Mr Scholes. 

The Surf Motel has eight four star AAA rated units and manager’s residence. It is in a prime location with views of the beach and ocean and has a high occupancy rate. The 2009/10 turnover was $272,523 and is zoned 2 (t) tourism allowing for future redevelopment options. 

The apartments are three in a boutique block of six and have panoramic water and parkland views. Each have three double bedrooms, two luxurious bathrooms, gourmet kitchens, spacious indoor/outdoor living, double garaging and storeroom.  An attractive landscaped pool and gazebo enhance the property. 

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soldonline.com.au run simple, secure and stress free online property auctions for residential, commercial and rural properties. The online system allows for increased flexibility in the traditional auction system allowing bidders from anywhere in the world to take part, 24/7. The extended bidding period removes the pressure normally associated with traditional auctions. 



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