A heritage classic hits the market
STUNNING Spring Hill heritage property Lokarlton is making a renewed push on the market.
Considered one of Brisbane’s oldest homes, the last time Lokarlton changed hands, in early 2008, it fetched a $4.2 million price tag.
But given the recent surge in inner-city demand and growth, buyers should expect to pay more than that for the stunning residence.
Built in 1876, just a year after Brisbane Girls’ Grammar School was set up, it’s one of the few prestige homes that still retain their original character, said McGrath Estate Agents New Farm agent Sherrie Storor.
“This property has a special significance for Brisbane. We don’t often celebrate homes like this in Brisbane, but we should. This one has been magnificently restored and maintained.”
Located at 173 Gregory Terrace, 1km from the CBD, the property was catching the eye of cashed-up parents – given it was just up the road from both Brisbane Grammar School, Brisbane Girls Grammar School and St Josephs Gregory Terrace.
The owners have even put in a turntable so you can rotate your car 360 degrees and solve any parking dilemmas.
Meanwhile, Damon Warat, the super agent from Ray White Ascot, has been busy.
According to CoreLogic RP Data he’s just sold 48 Bennison St, Ascot for $2,372,000 for its owners of 20 years Jeanette and Tony Micalizzi. The beautiful five-bedroom home featured on the cover in October.
Last weekend auctioneer Phillip Parker called an auction at 171 Kent Road, Wooloowin. There were seven registered bidders for the renovated family home. At least 100 people turned out for the auction which started at $600,000 and finished at $862,500.
And thanks so much to auctioneer Jason Andrew for kicking off our Q&A sessions on the couriermail.com.au this week. Our readers asked him everything from how much an auctioneer gets paid ($300 to $1000) to his top tips for buying. He is a very big fan of Chapel Hill, Indooroopilly and Taringa.
Sherrie Storor agent of McGrath Estate Agents New Farm at the prestigious address 173 Gregory Terrace, Spring Hill. And below, a crowd of 100 turned out to see 107 Kent Rd, Wooloowin sell under the hammer last weekend.