Three Queensland properties ripe for renovation

first_img76 Seagull Ave, Mermaid Beach, is ready to be given a makeover.The Federal Government’s stimulus package has renewed buyers’ interest in doer-uppers. Anyone thinking of buying a home for renovation have been spurred on by the thought of being able to add $25,000 to their pot. Their are some restrictions to the free cash, which was offered as away to try and stimulate the construction and renovation sectors, which were at threat of grinding to a halt post COVID-19. The restriction include, not renovating a home costing more than $1.5million, applicants not earning more than $120,000 as a single or $200,000 as a couple and the money cannot be spent on ancillary builds, such as a pool or garage. Still, that leaves a number of people who can take advantage of the grant. Anyone seeking a holiday home by the sea, might want to turn their attention to 76 Seagull Avenue, Mermaid Beach on the state’s Gold Coast. Currently a three-bedroom, one bathroom beach shack, the property is a 200m stroll to the beach and is near to the popular Nobby’s Beach precinct of cafes and shops. Sitting on a 405sq m block it offers ambitious buyers an ideal renovation opportunity. It is on the market for $1.2 million through Richard Snowden of McGrath – Palm Beach. 206 Agnew Street, Morningside, could be lifted and built in underneath.In the Brisbane suburb of Morningside, you can pick up this traditional Queenslander at 206 Agnew Street for about $685,000 through Kylee Harnisch of REMAX Results. On the market for the first time, it’s tidy and charming, so you could move straight in while you decide what to do with an abundance of underutilised space beneath the house. This currently features a series of multi-purpose rooms, a workshop and storage areas, along with a single carport at the front. More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours agoThe potential is endless for anyone with imagination to renovate this three-bedroom home with high ceilings, original cornicing and casement windows and sits on northerly facing 405 sq m block. 270 Kent St, Teneriffe, is a perfect choice for an inner-city renovation project.The properties in Brisbane’s Teneriffe are some of the most coveted thanks to the suburb’s central location and architect-designed homes. The potential to join them is possible for someone who picks up the six-bedroom renovator at 270 Kent Street. Occupying a 506sq m allotment with dual access, it presents the perfect foundation to build upon. The two-storey home as is has a spacious upper level with timber flooring throughout and open-plan main living area, large kitchen and sliding bifold doors that open out onto a rear deck overlooking a verdant backyard. The property is open to expressions of interest through Sarah Hackett and Charmaine McDonald of Place Bulimba estate agency.last_img