Bidding tussle for post war house with bay view

first_imgThe home at 27 Petersen St, Wynnum.A  POST war home with bay views has sold under the hammer in Wynnum. Nina Adams of Century 21 Adams and Costello said the property at 27 Petersen St sold for $696,000 after a “short and sweet” auction on June 10. “There was a good crowd of about 60-odd people and there were four registered bidders,” she said. The auction began with an opening bid of $600,000. Three of the registered bidders actively vied for the two-bedroom home and the property was called on the market at $685,000. Ms Adams said there was a “bit of a tussle” towards the end between bidders but it was a local buyer who proved successful. 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 2020The Wynnum agent said the new owners would leave the home as is for the time being but planned to knock down the post-war house some time in the future to build their dream retirement home. “The property attracted a lot of interest because it was on a good size block on the top of a hill,” she said. “You would have a view of the bay if you were to build a highset house.” Ms Adams said the Wynnum market was performing well at present. “There are multiple buyers for good quality properties,” she said. “Even at the lower end of the market, we are seeing buyers. We’ve recently sold several properties under $500,000 quite quickly. “Buyers are mainly people looking for a house to live in. The lifestyle (on offer in Wynnum) is the big attraction.”last_img

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