Inner city renovator generates buzz as it hits market for first time

first_img169 Empress Terrace Bardon Qld 4065More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoIn the first hour of it going online, his office was already fielding queries, he said, though potential buyers have almost four weeks to get their finances in order. The home was not set to go to auction until 6.30pm on Thursday February 23Zoned CR1 or character residential, the property was ripe for someone looking for space to build a new home just minutes from the city. 169 Empress Terrace Bardon Qld 4065AN inner city renovator on the market for the first time has generated a buzz as it can also be set for demolition.Ray White Paddington agent Mathew Abboud was marketing 169 Empress Terrace, Bardon, as a post-war property that could be set to “renovate or detonation”. 169 Empress Terrace Bardon Qld 4065 169 Empress Terrace Bardon Qld 4065“What I find is at the entry level market, people are happy to add value via renovation. It suits entry level buyers who want to get into the inner city, it suits a builder, or investor because it is rentable, it could even be good for mum and dad trying to help their child get into the market.”The current home, which is part of a deceased estate, sits on an elevated 465sq m block, and currently has two bedrooms, one bath and one car space. 169 Empress Terrace Bardon Qld 4065“Most of the land around there is 400 to 500sq m,” Mr Abboud said, “though you do pick up some gems above that. This one is on the higher end of that average, close to everything, close to Paddington’s cafes and inner city lifestyle.”With current decor circa 50s to 60s, the home could also appeal to a buyer looking for a rentable property.last_img

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