Merseyside retail

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Sun shines on Brisbane auctions

first_imgWinning bidders and new owners Tom and Tiffany Kornacki. Auction at 29 Robe St, Newmarket. Saturday July 14, 2018. (AAP image, John Gass)“Not sure what we are going to do yet, demolish or incorporate the old house in to a new build,” Mrs Kornacki said.Mr Kornacki said they lived nearby, and were ready for a new project. Ray White auctioneer Mitch Peereboom said the vendors would now look at moving to Toowoomba, and were please to start their next chapter.“This marketplace is performing really well. People want the positions where there is that capital growth,” he said. As of 3pm, Mr Peereboom had sold five out of seven properties, saying it was a sign that confidence had returned to the market since the start of the new financial year.At Highgate Hill, Ray White auctioneer Phil Parker sold two for two.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours ago After 60 years in the one family, a young family are the new owner of 18 Gertrude St at Highgate Hill“The one at 18 Gertrude St sold to a young family for $850,000,” he said. “The house had been in the vendors family for 60 years so it was a big decision to sell. They are happy.”Mr Parker said a 1950s house at 27 Julia St sold under the hammer for $1.47 million after being in the same family for 30 years. “It was a good day,” he said. Auction at 29 Robe St, Newmarket. Saturday July 14, 2018. (AAP image, John Gass)A NEWMARKET house bought as an investment property almost three decades ago has sold under the hammer for seven times what the owners paid for it.Grey nomads Ray and Janet Kirkman bought the four bedroom house at 29 Robe St for $110,000 back in 1990, and it has been rented ever since. A young Chinese family will now call 131 Chester Rd at Eight Mile Plains home.“There were more than 10 bidders but the bids jumped quickly so a lot of people had no chance,” Place — Sunnybank agent Owen Chen said.“It was a battle between a middle-aged Chinese lady and the young Chinese family.” At Graceville, it was the agents who were biting their nails as a vacant block of land at 20 Strong Avenue went under the hammer.Place — Graceville owners Gary and Viviana Eaton had planned to build on the site, but were happy with the $835,000 result.Four bidders kept the auctioneer at 81 Mackay St, Coorparoo, busy, with the house selling to a young family for $955,000.Harcourts Property Centre agent Patrick Ivey said the bidding was “really active”, with the new owners’ brother bidding on their behalf.“They were in Melbourne for the auction … they are thrilled,” he said. It is a bit business at the front at this 27 Julia St Highgate Hill house but its a party out the back with views of the cityA six bedroom house with two lifesized terracotta warriors at 19 Mawson St, Kedron, was passed in at auction, but negotiations are continuing.On the southside, a house on a huge 1416sq m double block at 81 Fairbank St at Eight Miles Plains sold for $1.203 million — $403,000 more than the owner paid in 2003.Also in Eight Mile Plains, a “master-crafted mansion” at 40 Walker Circuit sold to a local family for $1.03 million.And another sprawling property at 131 Chester Rd was sold to a young family for $1.43 million. 29 Robe St, Newmarket (AAP image, John Gass)The couple said they only upgraded a few things to the house over the 28 years, labelling it a “great investment”. “Location, location, location,” Mrs Kirkman said. Bidding started at $650,000, with three bidders raising their hand or paddle. It stalled at $710,000, but private negotiations secured an offer of $775,000 and the auction continued.No other offers were made, and the house was sold to Tom and Tiffany Kornacki, who said the outlook, position and location of the house was what drew them in. A Brisbane family, who were in Melbourne at the time of auction, made a successful bid for 81 Mackay St at Coorparoo via a family memberlast_img read more