Classic Australian cars don't get much rarer, or more iconic, than the 1971 Ford Falcon GTHO Phase III, and a Gold Coast model is going under the hammer from Monday.

It's part of an extensive collection at Nerang's Seven82Motors. Classics, Lowriders & Muscle Cars. and could even fetch $1 million at auction.

"The car was built to win Bathurst, and it did in 1971." - Locky McCann, Sales Manager.

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