Sovereign Islands, Gold Coast land price recovery
Jonathan ChancellorJanuary 29, 2015
Land prices at Sovereign Islands have bounced back.
There was a $1,755,000 sale on Hampton Court through Ray White.
"This is your opportunity to own and build on the last allotment available on Hampton Court," the marketing said.
There was 26 metre waterfrontage with sheltered mooring on the 701 square metre lot with Broadwater and river views.
It last sold at $1,022,500 in 2012.
It was first sold at $1.5 million by Lewis Land in 2005.
The vendors did want $2.1 million in 2009.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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