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There are already seven registered bidders for this rundown Townsville CBD cottage, but the agent reckons that will double by auction day.
Located at 273 Stanley St, the cottage is a bit worse for wear, with the brick front porch almost non-existent, parts of the gutter have come away, windows are boarded up and the 208sq m block is strewn with fallen branches and twisted foliage.
It is being marketed by Ian Clarke of Ian Clarke Real Estate on behalf of the Public Trustee, and will go to auction on Saturday at 10am.
“It has been pretty popular,” he said.
“There are seven registered already but I reckon that will double, or get to at least 15 by auction day.”
And Mr Clarke has a pretty good track record for drawing huge crows to his Public Trustee auctions.
Late last year, a hoarder house in West End attracted a staggering 39 registered bidders and a 100-strong crowd.
Bidding started at $150,000, with “11 or 12” buyers making a play for that Public Trustee property.
The hammer fell at $280,000.
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“Although not the prettiest home in the area, this is more about its prime location,” the listing for the cottage says, adding that it was a “flip of a coin” as to whether the cottage should be renovated or knocked down.
“The cottage dates back to the WWII era and built in a modest timber framed design with a simple front veranda, entrance into the living area which leads to the eat-in style kitchen area. “The two bedrooms are accessed from the living area.”
There is a bathroom at the rear of the property and a small lean-to veranda at the rear of the home is where you will find the laundry.
A drive-through carport to the side of the home also provides access to the rear garden.
Mr Clarke said there was “not much grand” about the property, but its location in the centre of the city was “quite rare”.
He said the cottage itself was only about 70sq m.
”The majority of interest is local but I had some inquiries out of the southeast and a fellow from Perth also rang,” Mr Clarke said.
“A lot of tradies are buying these and selling them and they see value in their own time and doing things up but in the city, renovators rarely crop up.”
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