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Hot Property: May 24

This week Hot Property auctions feature a champion ironman and a couple who are desperate to start their own business.

This week Hot Property auctions feature a champion ironman and a couple who are desperate to start their own business.

Each week on Hot Property we meet nervous vendors and buyers and watch the market dictate the real price of real estate. Packed with up-to-date market info, it’s a must-watch program for any home buyer, seller or renovator negotiating the challenges of the property game to make their real estate dreams come true.

This week Caton heads to Camperdown in Sydney where he meets Steve and Kylie, who are keen to start up their own business called Just Wrapt.

For this dream to become reality, they need to sell Kylie’s converted warehouse apartment. If they don’t make $725,000 at auction they won’t be able to afford the start-up costs of the new business, so the pressure is on.

Also this week, three-time world ironman champ Shannon Eckstein and best mate Kane George want to sell the Gold Coast bachelor pad they bought together back in 2003. The apartment, 100 metres from the water, should be popular among buyers. But the Gold Coast property market is weak at the moment.

Will Shannon and Kane find themselves riding the crest of a wave with a huge sale? Or are they facing an expensive wipeout?

Hosted by Michael Caton, 8pm Thursday on Nine.

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