AN Australian media company has offered a seven figure sum for a package of city web domains in what could potentially be a record breaking sale for Aussie internet real estate.
Mike Robertson of Domain Guardians, which is brokering the sale of five domains including Sydney.com.au, Melbourne.com.au, Brisbane.com.au, Adelaide.com.au and auction.com.au, confirmed a local media company had made the offer, but would not disclose its name or how much it had offered.
News Limited has not made an offer on the domains.
Mr Robertson said the seven figure offer was still being considered as negotiations continued with prospective buyers locally and overseas.
“We’re still contacting prospective buyers, locally and internationally, directly to gauge interest and asking them to submit their expressions of interest, proposals, offers,” he said.
“A sale of this magnitude isn’t likely to happen overnight, we are happy taking our time to allow parties the opportunity to become aware of the sale and submit their level of interest.”
Mr Robertson said he had received expressions of interest from companies in real estate, property development and tourism as well as government agencies.
In a News Limited story announcing the sale last Monday, Mr Robertson said the website addresses, which were first registered almost 20 years ago, could potentially fetch upwards of $3.5 million.
The high-profile web addresses currently generate revenues of between $50,000 and $137,000 a year, with Sydney.com.au coming up as the number one Google search result for “Sydney”.
Hobart.com.au sold for $67,600 in September, while in 2007 Perth.com and Melbourne.com went for $260,000 and $700,000 respectively.