Proceeds of $2.7million Mermaid Beach home donated to RSPCA

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An elderly lady’s latest act of generosity as she leaves the RSPCA $2.7MILLION after leaving home for charity

  • A Gold Coast home sold for $2.7 million
  • Proceeds were donated to the RSCPA

As a dying wish, a woman left her beachside home to the RSPCA, netting them an incredible $2.7 million windfall.

The deceased property at 28 Arthur St, next to Mermaid Beach, was donated to the animal welfare charity by its former owner, a woman who bought the home in 1983 for $79,950.

His sale was the main event of the Ray White Burleigh Group summer auction event last Saturday.

“That’s an excellent result for the charity,” said Ray White Burleigh Group chief executive Tiger Malan. realestate.com.

“It actually sold for $450,000 above reserve, that’s 20 percent above expectations.”

A house 200m from Mermaid Beach on the Gold Coast sold for $2.7m with the proceeds donated to the RSPCA (a map marking the house is pictured)

The home (above) was sold on Saturday as part of the Ray White Burleigh Group's summer auction event.

Agents saying the house (above) would probably be demolished

The home (above) was sold on Saturday as part of Ray White Burleigh Group’s summer auction event and agents said the home would likely be torn down.

Malan said the house would most likely be torn down, as the 405-square-meter property’s biggest selling point is its 200-meter distance from the beach.

A total of $30 million worth of property was sold during the weekend’s auction with 26 lots up for grabs.

More than 10 properties are still under negotiation.

Malan said the strong participation of 300 auctions shows that there is still a strong market for coastal homes.

“The region bucks the Australian trend of housing recession, especially when it comes to prestigious properties in those beachside locations,” he said.

Daily Mail Australia has contacted the RSPCA for comment.