Sledgehammer bid of $4.8 million knocks out opposition but doesn't hit reserve!
The Gold Coast’s already stunning property bubble inflated just a little further on Tuesday when surfing super-daddy and beer baron Josh Kerr spent $5.1 million on a middle-floor apartment overlooking D-Bah and Snapper Rocks.
Josh Kerr, who is forty and daddy to the incredible one-day-she’ll-be-world-champ Sierra Kerr, parlayed a fortune made on the back of beer start-ups St Archer and Balter into the whole-floor apartment or “sky home” as realtors call ‘em.
“It’s probably one of the most iconic sites on the southern Gold Coast, and that was the first resale in there,” said Hipwood. “You just can’t replace a site like that, where all the apartments are front-facing, and the views will never get built out.”
The auctioneer said Josh Kerr came in swinging with a $4.8 million bid, belting his competition out of the game and while it wasn’t quite at the reserve, it was enough to secure first bidding rights and the eventual sale.
“We had a really good crowd there who were curious to see what happened,” said the auctioneer, “but I think the opening bid put a lot of people in their place.”
The joint spans almost three thousand square feet, has three bedrooms, three bathrooms, views south to Byron and north to Straddle and the sorta German engineered appliances (Gaggenau, if you’re wondering) that bring a perverse joy every time you pull open their heavy stainless steel doors.
Kelly Slater got so high on it he called it the best move ever in a contest.
What’s rad is it still gets the spectators’ toes tapping and judges jabbing fingers in the eight range on their little scoring tablet.
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what a shit life he has huh?
I’m so happy for him and the family, I hope a Ikea is close by
That turn did get me fired up but
Sierra and Josh will be popular with sleep overs.
That and living in an ugly building steps away from the most crowded surf on earth is some people’s idea of paradise, apparently.
Rich cunt
I surf some pretty crowded USA point breaks from time to time. But every time I see a clip of Snapper I’m awestruck at the amount of humanity in the water. It’s truly mind blowing. I don’t know how you guys do it.
It’s probably great out there if you’re Josh Kerr
excellent point, although he still has to weave around the human traffic cones.
A blot on the coastline, what I go in the water to get away from.
A monument to excessiveness.
In twenty years, the beach will be a massive wall of high-rise hotels and apartment buildings. Less than 500 people in the lineup will be considered uncrowded.
Josh Kerrdle
Onya Ryan.
Hipwood is an amazing guy.
known this kid since he was 12 Y.O.
should look at upgrading the Teahupoʻo judging tower to ocean front condos.
Good for whale watching if JMD walks past
$5mil to never have to look for a park at snapper or dbah, probably worth it
Close to the airport too so $29 Uber gets you away from the worst crowds on earth!