Colonial three-bedroom home sells to unsuspecting buyer at auction

first_img274 Nudgee Road, Hendra. Photo: realestate.com.auHe said the home was sold to a next door neighbour looking to expand his property portfolio.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours ago“We had five registered bidders, including one from Sydney and Melbourne,” Mr Clark said.“We had about 25 people at the auction, the property was around 100 years old.”Mr Clark said the buyers were looking to purchase surrounding properties. 274 Nudgee Road, Hendra. Photo: realestate.com.auRay White auctioneer Adam Downes said the little three-bedroom cottage was on a busy road.The auction was held in the backyard, with bidding starting at $390,000.Bidding got up to $450,000 when it paused, Mr Downes said.He said the house went on the market at $470,000 and moved in “rapid fire increments” to $498,000.“The property sold $28,000 above where we announced it on the market,” he said.The property is on a 567 sq m block. 274 Nudgee Road, Hendra. Photo: realestate.com.auA Brisbane buyer loved his neighbour’s home so much he wanted in on the auction action.Ray White — Nundah selling agent James Clark said the home at 274 Nudgee Rd, Hendra sold under the hammer on Saturday for $498,000.last_img

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