Dual-living the cornerstone for buyer demand

first_imgSOLD: 223 Wynnum Esp, Wynnum sold for $1.225 million.A DUAL living drawcard resulted in a $1,255,000 sale at 223 Wynnum Esplanade, Wynnum recently.Place Manly principal Marc Sorrentino said he had more than 60 people inspect the property while it was on the market and most were interested in its esplanade location and “true” dual living arrangement.“Being a corner block means it’s not sandwiched between two houses and the views are upstairs and also downstairs,” he said. >> FOLLOW EMILY BLACK ON TWITTER<< “If you’re sandwiched in between two houses, normally you’ve just got your garage downstairs and the views upstairs, so the garage is down the side.“The other that sold this property is that it was a true dual living house, so upstairs could be closed off independently to downstairs.“A lot of investors … looked at it to be able to rent it out individually.“The people who bought it are renting it out, that’s short term, and then they’re going to do quite a big renovation on it and turn it into a Hamptons-style house.”More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours agoSOLD: 223 Wynnum Esplanade, Wynnum sold for $1.225 million.Mr Sorrentino said there was an appetite for premium properties on the waterfront.“If you look at Manly, my average price in Manly is $1.9 million, and the median house price is around about $750,000,” he said.“In Wynnum, the median house prices is around about $650,000, or $670,000, and my average sale price in Wynnum is $1.5 million.“That’s telling you that there is definitely people out there that are spending good money on properties.“There is actually a block of land about 100m away that I sold recently and that was $1 million just for a block of land.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:28Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:28 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels576p576p480p480p320p320p228p228pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenBrisbane market wrap up02:28last_img

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