1900s renovator cottage sells $100k over reserve

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62 Stafford Road, East Brisbane, QLD 4169


A captivating 1911 cottage ripe for renovation was one of many hottest properties at public sale this weekend, promoting virtually $100,000 over reserve to Far North QLD retirees.

Over 70 events got here via the property, with 15 bidders together with first dwelling patrons, traders, retirees and builders registering for an opportunity to win the property.

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The house has many authentic options together with this cozy fire.


Excessive ceilings give the cottage a really spacious really feel.


All up it took simply quarter-hour for the renovator cottage to promote for $856,000.

There have been 22 bids solid for 62 Stafford Road, East Brisbane, which lies throughout the coveted internal 5km ring across the Queensland capital in a suburb that’s nonetheless largely residential.

The executers of the deceased property set the scene for a robust end after giving clear directions that the property should be offered underneath the hammer on Saturday.

Virtually 100 individuals watched on from inside the house, on the pavement, throughout the street and from neighbouring verandas as Far North retirees Jim and Sheryn Hardman emerged with the profitable bid.

The house is completely habitable now, excellent for the Hardmans who plan to repair it up over a yr.


There’s a single toilet with a claw foot bathtub.


The couple had fallen within the love with the property after recognizing it on-line at realestate.com.au, flying in Mission Seashore – midway between Townsville and Cairns – to see it in particular person the day earlier than the public sale.

“We glance on-line on a regular basis. We noticed it, flew down Friday, had a glance and that was it,” Mr Hardman. “It’s bought numerous potential. It has a very good really feel to it.”

Mrs Hardman stated they’d renovated seven properties through the years and deliberate to revive the cottage to its former glory over a yr.

“We wouldn’t elevate it, we need to hold it as it’s upfront,” she stated.

Mr Hardman stated “we’ll add to the again however we received’t contact the character of the entrance, it’s going to remain the attractive outdated home it’s. We will’t journey or go wherever so we determined to make this lovely dwelling our venture.”

The basic rotary clothesline within the yard.


A great deal of area to increase out the again.


Sitting on a 354 sqm block and surrounded by houses which were redeveloped into massive houses and house blocks, the home is in one of the vital in-demand zones within the Queensland capital.

Agent Karen Pierce of Ray White Brisbane Metropolis stated quite a few presents have been made beforehand, with most of these additionally turning as much as register for the public sale.

“With 15 registered bidders you’ll be able to see the place {the marketplace} is. The patrons solely noticed the home on Friday after which they got here to bid, the underbidder solely noticed it on Wednesday. It was very a lot in demand as a result of it was an authentic cottage as properly and it had all the attractive authentic options with the aspect entry, so near the river, every little thing is there.”

“There are lots of people on the market within the market on the lookout for one thing authentic that they’ll put their very own touches on. I used to be more than happy, the executers have been more than happy with the advertising marketing campaign that I produced for them and it was an excellent end result.”

The house is near cafes and eating places.


Mowbray Park is on the finish of the road the place there’s additionally a ferry terminal.


Auctioneer Dean Yesberg of Ray White Brisbane Metropolis stated “it was pretty much as good an public sale as you might get”.

“It’s a really sturdy public sale market. There’s big demand for homes within the internal metropolis proper now. Anyone that doesn’t public sale their property proper now who has a home is loopy. Rates of interest are low and there’s very low provide. The underbidder stated they have been hoping to purchase for about $820,000 however there’s simply nothing on the market in order that they stretched that little bit further (to try to get this one). It’s that low supply-huge demand which is driving the market proper now.”

Amongst its charms the house has an authentic fire, a toilet with claw foot bathtub, excessive ceilings, authentic VJ partitions and polished timber flooring.

It was listed as being “only a stones’ throw to the Metropolis Cat Ferry and Mowbray Park, the well-known “Gabba”, vibrant cafes and alfresco eating on the Little Stanley St precinct, Southbank and Kangaroo Level” – all sturdy drawcards for younger professionals and households.

“With quite a few tasks on the go at current together with the Cross River Rail and Busway – the Queens Wharf venture – the proposed walk-bridge from Kangaroo Level to the Metropolis these are solely going so as to add worth to Internal Metropolis properties.”

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