Effective Property Solutions are excited to share the remarkable success story of the unique Chinese-style mansion in Banjup, originally slated for auction, but sold prior to the event due to overwhelming interest from buyers.
This landmark property, managed by Effective Property Solutions (EPS) on behalf of Superworld Holdings Pty Ltd, was one of the most unique listings in our portfolio. Comprising two parcels of land at 6 Coffey Road and 341 Beenyup Road, the property spans a total of 4.48 hectares and features an architecturally significant Chinese-style mansion. Though somewhat dilapidated, the mansion’s cultural significance and majestic design—built with materials sourced directly from China—drew widespread interest from both local and international buyers.
The campaign for the Banjup property achieved exceptional visibility, featuring in over 13 publications with a combined audience reach of more than 3 million people. The distinctiveness of the property made it a focal point across various media platforms, sparking record-breaking enquiry levels for an EPS campaign. In just two weeks, EPS received over 250 inquiries from all corners of Australia and internationally, including the USA, Singapore, China, and Malaysia. This included interest from high-net-worth Asian buyers, institutions, and associations, with multiple cash offers and requests for quick settlements. Some buyers were even willing to purchase sight unseen, underscoring the property’s unique appeal and investment potential.
Given the overwhelming interest, our high-net-worth offshore client accepted a cash, unconditional offer before the auction date, leading to the cancellation of the scheduled auction. This decision highlighted the strong market demand and the effectiveness of EPS’ targeted marketing efforts.
EPS extend their deepest thanks to our Head of International Markets, Leon Siew, who expertly managed the entire process. His ability to communicate fluently in multiple languages with both buyers and the seller played a crucial role in the success of this sale.
This sale not only marks a significant milestone for EPS but also reinforces our commitment to delivering exceptional results for their clients, even under tight timelines and complex conditions. EPS are proud of the success achieved and look forward to continuing their journey of connecting unique properties with the right buyers and achieving outstanding outcomes for all our clients.