8 Darnley Street, Rocklea Qld 4106

NO, that’s not a typo – a two bedroom house inside the 10km ring from the CBD has sold for a ridiculous $151,000 over the weekend.

The house at 8 Darnley Street, Rocklea – which sold at auction – admittedly needs some serious elbow grease to get it up to scratch.

But even if the new owner spent as much on the renovation as they paid for the property, that would still mean landing a house for $302,000 – a rare feat in the current market.

Front yard.

Back yard.

The price paid over the weekend was $254,000 less than the median house price in the Rocklea area, where 44 houses sold in the past 12 months and prices rose 5.2 per cent in the past year.

Agents Matt Holloway and Geoff Sellars of Ray White Annerley had marketed the home as a fixer-upper in a suburb that was “fast becoming one of Brisbane’s most affordable suburbs within 10kms of the CBD”.

At least it’s dry.

All you need is a sympathetic renovation.

I take it back, this kitchen has to go.

“It may not look like much now but think of what it can be with a bit of effort and imagination,” was how they described it.

“This property has the potential to create a beautifully renovated cottage to live in or rent. The structure looks to be solid with steel support beams, the timber is in good condition and the framing is done, all you need to do is finish it off.”

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