Surfers Paradise apartment accepting Bitcoin payment

Surfers Paradise apartment accepting Bitcoin payment
Surfers Paradise apartment accepting Bitcoin payment

A Surfers Paradise apartment, priced at $320,000, has followed the trend and is willing to accept Bitcoin as legal tender

The two bedroom apartment will be sold tenanted at $370 a week, which would reflect a strong six percent yield for the buyer. The lease expires in February 2018.

Set in Cannes Court, the three storey walk up complex between Broadbeach and Surfers Paradise, the partly furnished apartment features an open plan living area which opens to a balcony.

Surfers Paradise apartment accepting Bitcoin payment

It last traded for $285,000 in 2008.

Ray White Broadbeach/Mermaid Waters agent Melissa Sekulic has the listing.

Buying property in Bitcoin has flooded the markets in the last two weeks.

The first home to hit the headlines offering Bitcoin was a home in Melbourne's The Basin. The vendor was only interested in a part Bitcoin payment for the home.

A home in Far North Queensland followed, willing to accept a 100% payment in Bitcoin for the $1.2 million home. That would equate to 100 Bitcoin at its current average price of around $12,000.

The 32 hectare rural estate known as Wooroonooran Falls at the foot of Mt Bellenden Ker, is happy to take the full transaction in Bitcoin.

The home is steeped in history. It was owned by one of the first settlers in the area, the Hon. Victor Nelson Hood, the nephew of Lord Nelson and the Godson of Queen Victoria.

The four bedroom, one bathroom Queenslander was built in 1948. Views from the front verandah look over the sugar cane fields.

Grandview, another Victoria home, this one north of Melbourne at Mount Macedon, was advertised as happy to also take full Bitcoin payment for the home, priced at $2.5 million.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Surfers Paradise Bitcoin

Comments

Be the first one to comment on this article
What would you like to say about this project?