Ray White Gold Coast prestige property agent Michael Kollosche taking extended leave

Ray White Broadbeach agent Michael Kollosche, a 15-year veteran of Gold Coast prestige sales, is taking time out from the industry.

Kollosche will take an extended leave break of between three to six months to spend time with his family.

His decision to step done come as the Office of Fair Trading continues to investigate boom-time property transactions that occurred on Gold Coast’s Mermaid Beach between 2007 and 2008.

Kollosche was contracted by Ray White but is not directly employed by the real estate group.

Property Observer has been unable to reach Kollosche.

A message on his phone says he is taking a holiday and to contact Larry Malan, the principle of Ray White Broadbeach, for any real estate matters.

Malan told Property Observer he sat down with Kollosche last weekend and after a “good chat” decided it would be a good idea for him to take some time out.

“He is taking extended leave. There has been a huge amount of pressure on him for a long period of time … so he has decided to get out of the limelight,” says Malan.

Kollosche’s most recent sale was a two-storey riverfront home on the Nerang River belonging to Mark McIvor, founder of merchant bank  Equititrust, which sold to Fulton Transport boss Gary Fulton for $6.75 million.

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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