An iconic home with plenty of character to sell for over $1M

first_imgInside 69 Kingsley Parade, Yeronga. Photos: suppliedMr Merchant said the current owners had planned to renovate and extend the existing house, as well as build a character home behind it on the vacant lot, once the property was subdivided in order to complement the character of the area.“However, due to a change in their circumstances they will no longer be pursuing their plans for the property and are keen to see it passed on to someone with an equally passionate vision for the property,” Mr Merchant said.With developers, builders, renovators and families looking to build their dream family home, Mr Merchant said the property could “make some money” on the side, with the potential of the block and subdivision.”The property is being sold by negotiation, offers welcome. 69 Kinglsey Parade, YerongaMore from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoHe said the pre-1911 property, which has a three-street frontage, was expected to sell for about $1.5 million.According to CoreLogic data, the current median house price in Yeronga is $802,500.Mr Merchant said the “Pink House” was one of the first houses in the district and became a talking point among Brisbane residents because of its distinct colour scheme, and cute in appearance. “It tends to catch everyone’s eyes easily and it has been around for ages. The character features also help the property stand out, such as the original looking external chimney which has a brick wall going all the way down the side through the house and through the external timber cladding,” he said,“It has just come to be one of those talked about houses in the community where great-grandparents to great-grandkids have all seen it exist over the years in their area.” 69 Kingsley Parade, Yeronga. Photos: suppliedTO some this shabby character home in one of Brisbane’s riverside suburbs might be an absolute eyesore, to others it’s a dream renovation project.Having recently hit the market, and tipped to sell for more than $1 million, the four-bedroom property at 69 Kingsley Parade, Yeronga is known as the iconic “Pink House”.Selling agent Arshan Merchant, from Ray White East Brisbane, said the home was on a massive 1,146sq m flat block of land and had not been affected by the floods.Mr Merchant the opportunities for buyers were “endless”.“The property can be subdivided without moving the existing home, renovated or kept as an investment,” he said.last_img

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