Residence hunters priced out of the interior metropolis are in for a uncommon deal with with the Public Trustee taking a one bed room fixer-upper to public sale in want of “a dramatic facelift”.
The unit at 9/368 Bowen Terrace is in one in every of Brisbane’s hottest interior metropolis suburbs, New Farm, only a 15 minute stroll to the CBD and the restaurant precinct at Howard Smith Wharf and Eagle Avenue.
The Public Trustee’s workplace has acknowledged that it’s going to not be accepting any gives earlier than public sale, with the one mattress, one bathtub, one automobile house unit set to fireplace up the public sale market on February 6 at 11.30am.
It was listed as an “entry degree” spacious one bedder “set one block again from the New Farm Cinema”.
The Public Trustee listed it as needing “a dramatic facelift” which might add instant worth to the unit.
“Whereas in want of some pressing love and a spotlight, it’s a good entry degree dwelling for a younger couple, metropolis employee or a implausible funding alternative with robust rental demand within the space,” was the way it was described. “There’s work to be carried out earlier than you progress in, nevertheless the pay-off shall be there ultimately”.
There’s quite a lot of work to be carried out although within the kitchen and toilet, and the carpet might do with a visit to the dump.
The older unit is larger than many more moderen fashions coming available on the market with a big dwelling house together with room for eating, a big bed room with built-ins.
Charges are $326 1 / 4 with the physique company set at $567 1 / 4, with a 5 per cent deposit required off the profitable bidder on the day and 42-day settlement.
The 66sq m unit comes with its personal balcony in addition to a separate laundry situated beside its automobile house and is open for inspection subsequent Saturday January 23 at 11am.
Solely 20 individuals shall be allowed into the property at any given time, all of whom need to put on masks and observe social distancing.