Potential plus right here.With a development approval in hand, they had a crack at it, but simply could not spare the time. Now, he said, they were reluctant sellers.“We are, because we changed our minds and decided on an apartment we also bought in the Valley. We have a very active business so we didn’t have time to give to it. “It’s an incredible location, there is not much land available in that inner city location. You get all the benefits of New Farm without the price tag.”More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoThe couple had originally wanted to buy in New Farm all those years ago when prices had already begun to rocket on the riverside. Actually this room looks all right. It’s missing a few floorboards. They bought new floorboards, seen here waiting to be installed.“We bought this because the agent said you should look in this small pocket in the Valley.“We got started on the renovation, got the materials. Really it just needs someone to do it. The flooring and joists, even the nails are there, everything’s ready to go. “It could easily be a three bedroom, two bathroom house. We have DA approval to turn it into a two level house.”With parking at a premium in the area, the property could also have made money for them, he said.“We get letters in the mail all the time saying can they pay us for parking.” 34 Prospect Street, Fortitude Valley, goes to auction at 3pm this Super Saturday.A RARE inner-city home which has no kitchen, no bathroom, and missing floors is expected to turn renovator heads under the hammer this Super Saturday.The owners of 34 Prospect Street, Fortitude Valley, Eleanor and Jamie Hayes, had grand plans to renovate the property for their retirement, but changed their minds after becoming snowed under with work.Mr Hayes told The Courier-Mail that with a business to run, they simply did not have the time to focus on getting the renovation of the pre-war home fully off the ground.They had picked up the property five years ago and had tenants in it for two years before beginning paperwork to renovate the property. It has 253sq m of land fronting two streets. That’s where the kitchen was supposed to go.Agents Hayley Jane and Aaron Woolard of Place New Farm have it marketed as a “renovator’s delight” which “unlike many inner city properties” has two street frontage.“We’ve had investors through, people looking to build their forever home there, also your typical renovators that want to flip,” Ms Jane said.“It’s a great pocket because they don’t come up very often. It’s tightly held and what’s happening up there is going to be great (upgrade-wise).”The house will be auctioned off at 3pm on Saturday on site. FOLLOW SOPHIE FOSTER ON FACEBOOK The CBD is a short stroll away.
A move that can hit Prime Minister David Cameron’s efforts to boost student and business visits from countries like India. Related Items