This is Ray White Runaway Bay Group’s Summer Auction Blitz held at Sheraton Mirage. Auctioneer is Nigel Long. Picture: Richard GoslingAmong the sales under the hammer was a four-bedroom home at 43 Poinsettia Ave, Hollywell that sold for $580,000.A palatial mansion on the Sovereign Islands also sold for $2.2 million moments before it was set to go under the hammer.The five-bedroom five-bathroom home at 26 Knightsbridge Pde West was bought by a Gold Coast couple who plan to live in the property. Auctioneer is Nigel Long in action. Picture: Richard GoslingRAY White Runaway Bay Group achieved $5 million in sales at their Summer Auction Blitz.Hosted at Main Beach’s Sheraton Mirage, the group took a list of 14 properties to auction.Four properties sold prior to the event while two sold under the hammer.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoPrincipal Ali Mian said there was a good crowd with plenty of interest in the properties that didn’t sell under the hammer..“We are negotiating on five others at the moment that are close to selling that will hopefully round out the event,” he said.