Brisbane auctions draw mixed results

first_imgThe renovation at 21 Juster St, Annerley was beautiful.The home sits on a 607 square metre block and it’s leafy surround make it perfect for a family buyer.Marketing agent with Place Coorparoo, Jamal Naouri, said the suburb is drawing plenty of interest.“Annerley is a hub for busy working young families and we’re finding demand is high with many moving to the local area,” he said.“They’re wanting homes that are fully renovated as they don’t have time to do it themselves.”A crowd of 50 onlookers watched three bidders take the price from a $720,000 kick-off to eventually reach $1.05 million where it was declared, “Sold!”The buyer, Logan Drain, said couldn’t have been happier with the result. The Nundah site was bought by developers.IT WAS a cool and overcast Saturday in Brisbane but that didn’t stop auction spotters from rocking up to events.The morning kicked off at 43 Marvin St, Holland Park where a modest but well positioned three-bedroom, one-bathroom cottage on 749 square metres of land was on offer. 39 Sunny Ave, Wavell Heights had the agent and auctioneer running a marathon to secure a sale — but it was worth it in the end.The striking three-level, six-bedroom, four-bathroom home has a cracking southerly aspect taking in the lights of the CBD and views through to the Bunya Mountains.An opening bid of $1.3 million received no counter.This saw a flurry of activity as marketing agent from Southerby’s International Realty Ascot, Joseph Lordi, ran a marathon between the buyers and seller.Most of the 85-strong crowd waited around to see the offer raised to $1.61 million, and the property was declared “on the market.”With no other bids forthcoming, the buyers could celebrate their new digs.Nearby, developers were keen on the prospects for 79 Bage St, Nundah.More from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoThe developer buyer of 79 Bage St, Nundah, is taking some time to consider his options.There were 23 registered bidders battling it out for the 1630 square metre site and its two-bedroom colonial home.The holding is a grouping of four separate titles and it’s flexible potential created hot competition according to marketing agent at Ray White Ascot, Damon Warat.“They are not making any more land and if you could find a bigger block of land with city views this close to the CBD then you should buy it,” he said.Come the fall of the hammer the property achieved $2.55 million — selling to a local developer who will land bank the holding while planning a project.A classic circa 1920s character home at 21 Juster St, Annerley that’s undergone an extensive renovation has seen the seller’s hard work pay off with a big auction result. 43 Marvin St, Holland Park West failed to sell but there’s still plenty of post-auction interest according to the agent.Selling agent with Place Bulimba, Shane Hicks, said interest had been good for the home which has a backstory.“The house itself was moved here in 1929,” he said.“It was moved from Kangaroo Point to make way for the story bridge, so it’s got a bit of a history to it.”Holland Park West is one of those go ahead suburbs — well established, wide leafy streets and plenty of character to appeal to a broad buyer demographic, said Mr Hicks.“We’ve had first homebuyers … we’ve had investor looking at it for the long-term growth of the land and we’ve has some developers who’d like to knock the house down — the house hasn’t always lived here … so you can actually take it down and end up with a magnificent block of land.”Unfortunately among the solid turnout of around 40 onlookers, there were no registered bidders and the event was over soon after it began.Mr Hicks said despite the outcome, there were buyers keen to put the property under conditional contract and he expects a sale will soon be finalised.One of the day’s property jewels was the event held at 39 Sunny Ave, Wavell Heights. Logan Drain and his family are “stoked” to be the new owners of 21 Juster St, Annerley. Photo supplied.“It’s the right size for us and we’re stoked,” Mr Drain said.“They’ve done a great job on the renovation.” 64 Robe St, Grange made its mark today too with auctioneer Haesley Cush very pleased to achieve a $935,000 result for the two-bedroom renovator on 617 square metres.“It was a cracking auction with agent Kim Ridings at Ray White Alderley registering four registered bidders in front of a big crowd,” Mr Cush said.“The opening bid came in light and low at $600,000 but the property was called on the market at $901,000 and sold for $935,000.”Mr Cush wasn’t resting on his laurels though. Two hours later he fronted up at 120 Harcourt St, New Farm where he secured $1.175 million for the modest but superbly located five-bedroom home on 498 square metres.last_img read more

AFN Postpones Annual General Congress

first_imgThe Athletics Federation of Nigeria (AFN) has postponed its annual general congress earlier scheduled to hold on Thursday December 4, 2019 in Awka,Anambra State.In a letter dated Friday November 22,2019 and signed by its Secretary General, Prince Adisa Adeniyi Beyioku and addressed to all states athletics association, the AFN said it was constrained by circumstances beyond its control to postpone the congress.”On behalf of the board of the Athletics Federation of Nigeria, I am directed to inform you of the postponement of the annual general congress earlier scheduled for 4th December, 2019 in Awka,Anambra State due to circmstances beyond our control,” read the letter to the states titled :Re-Invitation To Attend Annual General Congress of Athletics Federation of Nigeria, AFN. The AFN further informed the stakeholders that a new date will be communicated to the state associations and regretted the inconveniences the postponement may have caused.It was however gathered that the postponement may have been informed by the need to adhere to the letters of the constitution of the AFN and international best practice.A chairman of one of the state athletics associations in the South South region of Nigeria who preferred not to be named said at the weekend that many of the state athletics associations were shocked when they received the message for the December 4,2019 congress.“We knew for an annual general congress to be called,the AFN constitution stipulates a 60-day notice and the notice sent to us was dated November 5 which makes it just 29 days to the December 4 date,” said the member who expressed his gratitude to the AFN for correcting its own mistake.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more