[ad_1]
16 Greenslopes Denman Street sold for $1,755,000.
As investors flocked to Brisbane’s hot real estate market, an aging unit in Brisbane’s inner ring was sold at auction by $345,000 higher than three months ago.
According to CoreLogic’s records, four units near the Greenslopes Private Hospital were sold for $1.755 million on Saturday, a victory for an investor who paid $1.41 million in April.
more: Bellagio, a huge mansion in the sovereign islands, sells for $7.9 million
Hedges Avenue beachfront home reaches a quiet $15.6 million deal
![QLD_SM_REALESTATE_AUCTIONS_10JUL21(2)](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
A large number of face masks at auction at 16 Denman Street, Greenslop.Picture: Annette Lou
More than 70 properties in Brisbane have been affected by the fine weather and the end of the lockdown, which has increased the attendance rate of properties that are popular with investors and owner-occupiers.
According to CoreLogic data, the land value of Unit 16 Danman Street in Greenslop last June was US$850,000. The agents Dennis Nazar and Melanie Swindles of Woollengaba Plaza Seven bidders were seen registering to participate in the auction.
“It was sold for $1,755,000, and many buyers are looking for this asset,” Mr. Najzar said. “A local buyer bought it. It was listed for US$1,730,000, and then another buyer joined it for US$1,740,000, and the final bid was US$1,755,000.”
Auctioneer Peter Burgin showed interest during the sale of the unit block. Picture: Annette Lou.
This seven-bedroom, four-bathroom, four-parking property—divided into four units on a high plot of 809 square meters—given its prime location in the Greenslops shopping and hospital district. It attracted strong interest from investors before the auction. It can currently bring in rents of US$1,205 per week, total annual income of US$62,660, and “there is room for significant improvement.”
46 Whitworth Road, Mount Cannon sold for $970,000.
Owner-occupiers also went all out, and the first auction of the day was also one of the most popular “crazy prices” after 17 bidders registered, as high as US$970,000.
Agent Tony O’Doherty auctioned the house at 46 Whitworth Road, Cannon Hill, after a fierce election campaign attracted many buyers interested in three-bed bedrooms.
Apollo Auctions’ auctioneer Justin Nickerson saw the opening price of 800,000 US dollars, then rose to 850,000 US dollars, 870,000 US dollars, 880,000 US dollars, 900,000 US dollars, and then increased to 940,000 US dollars in increments of 10,000 US dollars, and then slowed down To US$5,000, the winning bid is US$5,000.
36 Fraser Road, Mitchellton, sold for US$697,000.
As the area accelerated, another three-bedroom house at 36 Fraser Road in Mitchellton was sold for US$697,000. Agent Meghan McVeigh of Ray White Alderley saw more than 40 people attending, including 4 registered bidders bidding for a 607 square meter plot.
“Mitchelton’s market is developing, and many buyers want to buy homes in areas with higher family value,” she said. “We have a successful marketing campaign and a very active seller. In the short three-week event that Covid locked in an interruption, we still achieved outstanding results.”
[ad_2]
Source link
