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Corner block development potential motivates buyers

first_img MISSED OUT ON THIS ONE? The level block has the potential to be subdivided and a new house built alongside the restored post-war home.The house sold to a local developer for $656,000 who has decided to do up the house, rather than demolish it.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020 MORE REAL ESTATE STORIES Plenty of love needed to restore 76 Besham Parade, Wynnum, but the new owner has a big heart.DEVELOPERS swooped on this bayside corner block with two written offers presented to the seller within three days of it being listed.The original post-war home at 76 Besham Pde, Wynnum was being offered for sale for the first time and its 809sq m footprint attracted developers from Brisbane to the Gold Coast. As people were inspecting the property, others were on the phone to the agent offering for the house.“When you get 809sq m on a corner, there’s always going to be interest from the small local developers so I had 15 I could call on the first day.“I had three people on site inspecting when this person rang to put an offer on the house.“He turned up within 15 minutes.“Then by the time this gentleman had signed the contract, a lady who was a developer from the Gold Coast also put an offer in, so we had two offers to present to the seller.”center_img Traditional Real Estate Wynnum agent Kate Roeth said the elderly seller was happy her family home was being restored.“There was a potential for the house to be removed but he’s going to restore the old retro house,” Ms Roeth said. SEE WHAT OTHER 800SQ M BLOCKS ARE AVAILABLE IN WYNNUMlast_img read more

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