Post-war home ideal for renovation lures keen buyers at auction

first_img17 Walkers Drive, BalmoralThe property was marketed by Place – Bulimba agent Brenton Faehrmann, who said there were seven registered bidders interested in the property.The starting bid was $700,000. 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 17 Walkers Drive, BalmoralThe home features a mixture of polished timber flooring and ornate ceilings.Cleverly updated, the traditional sunroom was recreated into a functional family space.Mr Faehrmann said a young couple from the area bought the property. “They are going to renovate and stay there long term,” he said. “They loved that it was elevated.” The agent said the drawcard was the price range. “People thought it was going to be in the $700,000-$800,000 price range,” he said. “The fact it was elevated, on a big block, with some views and a good outlook, was a big plus. “The home could be renovated, knocked down or lived in as is.” 17 Walkers Drive, BalmoralA large crowd of almost 40 people watched on as a three-bedroom Balmoral home sold under the hammer for $776,000 recently.The May 13 auction of 17 Walkers Drive was a popular one, with the post-war home sitting on a large 607sq m block.last_img