Clifton Beach, Queensland mortgagee apartment sold for $100,000 loss

Clifton Beach, Queensland mortgagee apartment sold for $100,000 loss
Clifton Beach, Queensland mortgagee apartment sold for $100,000 loss

A Clifton Beach, Queensland apartment has sold under the mortgagee auction hammer for $195,000.

The two bedroom, two bathroom apartment saw a $95,000 loss in value compared to when it last sold.

Paul Stirling and Matthew Pearce of Ray White marketed the property.

Situated at 206/53-57 Clifton Road, the unit resides with the Clifton Waters complex.

Set on 137 sqm, the apartment has access to a 25 metre lap pool among other complex amenities.

Featuring an open plan living area and outdoor alfresco patio, the listing describes it as a match for "the Cairns Beaches lifestyle."

Last sold in 2009, the property transacted for $290,000.

Shortly after it was purchased in 2009, the home was listed as a rental seeking $240/pw.

Clifton Beach, Queensland mortgagee apartment sold for 0,000 loss

The median price for an apartment in Clifton Beach, Queensland is $258,000 according to CoreLogic data.

Tags: 
Mortgagee Sale Clifton Beach

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