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Brisbane dump with million dollar views sells under the hammer to renovators after a bidding war

first_imgThis house at 95 The Esplanade, St Lucia, has sold for $1.4 million.IT’S going to need an awful lot of love, but one couple saw enough potential in this dated three-bedder to fork out a cool $1.4 million for it.The 1950s brick and tile house in mostly original condition at 95 The Esplanade, St Lucia, was one of the biggest sales in Brisbane during the week leading up to Easter.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:18Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:18 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenCould this be your anti-dream home?02:18 Related videos 02:18Could this be your anti-dream home?00:25Worst real estate images of 201701:34Sydney’s million dollar dumps01:30Renovate or detonate?01:28Shell sells01:17Fitzroy home the definition of a projectMarketing agent Megan Zelauhi of LJ Hooker — Brisbane West said the house “was a knockdown” despite being perched on a 739sq m block with sweeping river views, but surprisingly the buyers planned to renovate it.This house at 95 The Esplanade, St Lucia, has sold at auction for $1.4 million.She said a couple in their 70s wanted the property so badly they knocked out the competition with a final $65,000 bid at the auction.“They really wanted a project so they’re going to do something pretty special with it, we’re just waiting to see what,” she said.This house at 95 The Esplanade, St Lucia, has sold at auction for $1.4 million.A number of unique pieces of furniture came with the house, including a black-and-white television on wheels.“It’s an excellent result for St Lucia and for properties of this kind, which obviously there isn’t a great deal of.”This house at 95 The Esplanade, St Lucia, has sold for $1.4 million.It will need to be rebuilt or completely renovated, but the home, offered by is perched on a 739sq m block with sweeping river views.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019A few days earlier in the same suburb, a brand new five-bedroom house at 77 Eighth Avenue went for $1.5 million.This house at 77 Eighth Avenue, St Lucia, has sold for $1.5 million.The property market didn’t completely grind to a halt in Queensland in the week leading up to and including the Easter long weekend, with figures revealing 128 properties were scheduled to go under the hammer during the period.According to realestate.com.au, 21 properties sold at auction, seven sold prior and 45 were passed in.GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREMany sellers decided to take their properties to auction earlier in the week to try and beat the predicted slowdown.A five-bedroom house in the sought-after rural locality of Nindaroo, near Mackay, sold for $1.4 million.This house at 5/76 Lynette Drive, Nindaroo, has sold at auction for $1.4 million.The house at 5/76 Lynette Drive has a pool, tennis court and views of the Whitsunday Islands.Another rural retreat also sold at auction the same day — 24 Echo Valley Road, in Preston, southeast of Toowoomba.The four-bedroom house on 32ha of land with escarpment views sold for $1.3 million.This house at 24 Echo Valley Road, Preston, has sold at auction for $1.3 million.Beachside property also did well.A modern apartment in the heart of Burleigh Heads sold under the hammer for $605,000, while an ageing three-bedroom, canal front house at 3 Dolphin Court, Palm Beach, achieved $910,000 at auction.And while not all the auctions achieved a result, some properties were passed in for strong prices.This penthouse at 2002/110 Marine Parade, Coolangatta, was passed in at auction for $2.95 million.A three-bedroom penthouse at 2002/110 Marine Parade in Coolangatta was listed for $3.5 million, but passed in at auction for $2.95 million.And at Tallai, also on the Gold Coast, a four-bedroom house at 47 Glenrowan Drive was passed in for $1.57 million.last_img

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