50 Dilgara Street, Tugun sold for $940,000 under the hammer.
An unfinished renovator on the southern Gold Coast has sold for $940,000 with plenty of “tradies and experienced renovators” at the auction over the weekend.
PropTrack data revealed 50 Dilgara St, Tugun, described as a “work in progress”, was the most clicked on Queensland auction listing on property portal realestate.com.au last week.
The partially renovated four-bedroom house went under the hammer on Sunday through LJ Hooker Southern Gold Coast agents Jo Elwin and Jo Lynch.
The buyer will be taking on the unfinished renovation.
They will need to install the kitchen.
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The on-site auction attracted nine registered bidders, with auctioneer Paul Moore at the helm in front of a large crowd.
“Leading into auction day, feedback from buyers was very broad,” Ms Elwin said.
“The common theme was that it was a huge renovation project to take on, and in turn the majority of those holding paddles were tradies and experienced renovators.”
The property ended up selling for $91,000 above the reserve price.
And finish the bathrooms.
The property from the street.
Ms Elwin did not comment on the reason behind the sale but said the new owner would be taking on a project that needed a lot of work.
“The new owner will move in and call on friends for a working bee in exchange for beers and a barbecue on the balcony,” Mrs Elwin said.
“It was beautiful to see the neighbours in the street welcome him on the day.”
The house, which last changed hands in 2017 for $530,000, features high cathedral ceilings and floor to ceiling windows.
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