Tuesday25thJune
ABidderʼsGuide
ForResidentialPropertyinQueensland
Thisguideseekstosimplifytheauctionprocessandprovideclarificationontherole&responsibilitiesof Auctioneers&bidders
Queenslandrealestatelawrequiresthatallpeoplebiddingataresidentialpropertyauctionmust providetheirnames,addressesandproofofidentitytotheAuctioneerpriortotheauctioninorderfor theirbidstobeaccepted.
Howtoregister
Youcanregisteratanytimepriortotheauction.Thiscanbeatanopenforinspection,orwhen visitingthelistingagencypriortotheauction.Registeringearlywillsaveyouthetroubleof registeringonauctionday
YouwillneedtoprovidetheAuctioneerwithyournameandaddressandsomephotoidentification –e.g.driverslicenceorpassport.
TheAuctioneerwillrecordthesedetailsinaBiddersRegisterandprovideyouwithaBidder number.Thisnumbermustbedisplayedbyyouwhenmakingabidduringthecourseofthe auction.
Ifyouregisterpriortoauctionday,youmaynotreceiveyournumber Whenyouarriveatthe auction,youwillneedtoseetheAuctioneerortheirrepresentative,providethemproofofyour identity,andreceiveyournumberorbiddercardatthattime.
Auctioneersarenotpermittedtoprovideyourinformationtoanyotherpersonotherthanan inspectororthecourt.However,theauctioneermaydisclosetothesellerofthepropertythe identityofabidderifitisnecessaryfornegotiatingthesaleofthepropertyaftertheauction
Remember:Youdonothavetobidjustbecauseyouhaveregistered,butyoumustberegisteredifyou intendtobid.
Howtobid
MakesurethattheAuctioneercanseeyou.Ideallyyoushouldholdupyourbiddernumberandcall outyourbidinaclearaudiblevoice.
Youcancalloutanexactamount–e.g."$260,000"orindicatetheamountyouwishtoincreasethe previousbidbytheincrementsuggestedbytheAuctioneer–e.g“Another$10,000”.
IftheAuctioneercallstheincorrectamountofmisinterpretsyourbid–callouttotheauctioneer andclarifythebidwiththemimmediately
MakesureyouarefamiliarConditionsofSalepriortobiddingattheauction Auctioneerswillhave thesedisplayedattheauctionforinspectionbybidderspriortotheauctioncommencing.Some Auctioneerswillreadsomeoralloftheseoutatthestartoftheauction.
Ifyouproposetobidonbehalfofanotherperson,youmusthavealetterofauthorityandprovide thenameandaddressdetailsofthatpersontotheAuctioneerinordertoregisterthemasbiddersin thebidderregister
Whenbiddingatanauction,rememberthatifyouarethesuccessfulbidderyouwillberequiredto signthecontractofsaleandpayadepositonthespot.
Thereisnocoolingoffperiodwhenyoubuyatanauction.
TheAuctioneer'sdecisionisfinal.Intheeventofadisputearising,theAuctioneerhastherightto resubmitthepropertyafreshorwithaVendor'sbidintheeventthatthedisputearisebeforethe reservepricewasreached
Priortothecommencementofanauction,Auctioneersareunablebylawtoprovideadviceto potentialpurchasersastowhatthereservepriceis.
Atthecommencementoftheauction,theAuctioneermayannounceifthepropertyistobesold withorwithoutareserveprice
Perched atop a beachfront landscape, 28 Ian Wood Drive, Dolphin Heads, epitomises real estate gold. This magnificent three-level masterpiece, crafted by acclaimed architects Sanders & Ellick, stands as a beacon of affluence and sophistication. Nestled at the pinnacle of Dolphin Heads' most coveted coastline enclave and encompassing 3,970 square metres, the property offers sweeping 300-degree views from Cape Hillsborough to Mackay Harbour Meticulously maintained by the original owners and constructed to the highest cyclone standardswithreinforcedfoundations,thishomeflawlesslycombinesgrandeurandresilience.
Set in the prestigious enclave of Coral Ridge Drive, Eimeo, this exceptional two-storey residence affords the ultimate coastal lifestyle. With an expansive 915m² lot, this home features six car accommodations, a spacious shed, and a stunning inground pool Extensive renovations have transformed this property into a breathtaking sanctuarywithsweepingoceanviews.Locatedjust850metresfromthebeachinatranquilcul-de-sac,thishome providesasereneoasiswithmultipleentertainmentzones.
TinaSander 0418878901
tina@harcourtsmacktowncomau
The home boasts beautiful street appeal, immediately setting the tone for the warmth and elegance within Inside, the kitchen, truly the heart of the home, is designed for easy viewing of the pool area and extends seamlesslyintothelivingareasoneitherside.Itisequippedwithagascooktop,electricoven,largefridgecavity, abundantcabinetry,dishwasher,breakfastbar,andabuilt-inwinerack Adjacenttothekitchen,thediningareais perfectforfamilymealsandentertaining.
kelsey@harcourtsmacktown.com.au
Nestledwithinasereneenclaveofwillowingtreesandsurroundsoflushgreenery,12AmsteadStreet,Eimeo,offers a split level home that effortlessly combines extraordinary craftsmanship with meticulous attention to detail. Located in a tranquil cul-de-sac just minutes from Eimeo Beach, this outstanding property provides a peaceful retreat. The flexible layout blends indoor and outdoor living spaces with multiple entertainment areas. With its design-forwardelementsandarchitecture,everycornerofthisresidenceexudessophistication.
Thehomeboastsbeautifulstreetappeal,immediatelysettingthetoneforthewarmthandelegancewithin.Inside, thekitchen,trulytheheartofthehome,isdesignedforeasyviewingofthepoolareaandextendsseamlesslyinto the living areas on either side. It is equipped with a gas cooktop, electric oven, large fridge cavity, abundant cabinetry,dishwasher,breakfastbar,andabuilt-inwinerack Adjacenttothekitchen,thediningareaisperfectfor familymealsandentertaining.
ConditionsofSale
1.AllBiddersmustberegistered.TheAuctioneermayregisterapersonasaBidderonlyifthepersonhasprovidedhis/hernameand addressandsatisfactoryevidenceofhis/heridentity IftheBidderissuccessful,thenamelistedontheregistrationformwillbethe nameoftheBuyerintheContractofSale,unlesstheBidderisbiddingonbehalfofanotherpersoninaccordancewithConditions9and 10.
2 ThehighestapprovedBidderwillbetheBuyersubjectto: a thereserveprice,ifany;and b.theSeller'sapproval.
3 AcoolingoffperiodwillnotapplytoanyContractofSaleformedonasalebyauctionorenteredinto,bynolaterthan500pmonthe secondclearbusinessdayafterthepropertywaspassedinatauction,witharegisteredbidderfortheauction
4.TheBuyeracknowledgesthattheContractofSalewillnotbeconditionalonanyofthefollowing:a.b.Finance;andBuildingandPest InspectionReports
5.BidswillonlybeacceptedfromregisteredBidders.
6 BiddersmustusethenumberedidentifierprovidedbytheAuctioneertomakeabidduringtheauction
7.TheSellerreservestherighttobid,eitherpersonallyorbyarepresentative.IftheSellerortheirrepresentativebidsfortheproperty theAuctioneermustclearlyannouncetoallotherBiddersthatthebidismadeonbehalfoftheSeller.
8 TheBidderwarrantstheirabilitytoenterandcompletetheContractofSaleinaccordancewithitsterms
9.AnypersonbiddingonbehalfofanotherpersonmustprovidetheAuctioneerwithacopyoftheirwrittenauthoritybeforethe auction;otherwisetheBidderwillbetakentobeactingontheirownbehalf TheAuctioneermayregisterapersonasaBidderonlyif thepersongivestheAuctioneerthenameandaddressoftheotherpersonforwhombidsareintendedtobemadeoninstructions givenbytheotherpersonbytelephone.
10 IftheBidderisauthorisedtobidonbehalfofanotherperson,andistheBuyerinaccordancewithcondition2,theBidderwarrants theotherpersonʼsabilitytoenterandcompletetheContractofSaleinaccordancewithitsterms
11.TheAuctioneerhasthediscretiontorefusetoacceptabidfromanyBidder.Abidwillbetakentobeacceptedandirrevocable unlesstheAuctioneerrefusesit IftheAuctioneerrefusesabid,theAuctioneermustannouncetoallotherBiddersthatthebidhas beenrefused
12.Withoutaffectingcondition11,ifthereisanydisputeoverabidortheresult,theAuctioneermay: a re-openthebidding;and/or b determinethedisputeinanyotherwaytheAuctioneerconsidersappropriateinhis/herabsolutediscretion
13.Immediatelyonthefallofthehammerthepropertyissold,theBidderofthehighestbidacceptedinaccordancewithCondition2, mustsign,asBuyer,theContractofSaleintheformdisplayedorcirculatedwiththeseConditionsofSaleandpaythedeposittothe nominatedDepositHolder
14.ThedepositpayableundertheContractofSaleis10%ofthesuccessfulbidoranyotherpercentageorfigurenominatedinthe ContractofSale
15 TheSellerandtheBuyeragreetosignalldocumentsanddoeverythingelsenecessarytotransferthepropertytotheBuyer The SellerandtheBuyereachappointtheAuctioneertheiragenttosigntheContractofSaleontheirbehalf.Thisappointmentisnonrevocable.
16 IftheBuyerdoesnotpaythedeposit,attheSeller'soption:a theresultoftheauctionwillbetreatedasinvalidandtheproperty mayberesubmittedtopublicauctionattheriskandexpenseofthatBuyer;orb.theSellermayaffirmtheContractofSaleandpursue theirlegalandotherremediesagainsttheBuyerastheyseefit.
17 ThedecisionoftheAuctioneerisfinalinallmattersrelatingtotheauction
18.TheBidderconsentstotheuseofelectroniccommunicationinaccordancewiththeprovisionssetoutinChapter2oftheElectronic Transactions(Queensland)Act2001(Qld)andElectronicTransactionsAct1999(Cth)
19.Ifthisdocumentissignedusinganelectronicsignature,theBidderagreestobeboundbytheseconditionsinelectronicformand consenttosigningthisagreementusinganelectronicsignature.
