Buyer sinks $4.6 million into a house he had not walked through

Buying property is often an emotional pursuit. Like finding the perfect partner, they say that when you know, you know.

And so it was at the auction of a stylish Brisbane property on the weekend, in which a buyer was thrilled to win the keys for $4.6 million without having walked through it. If you were going to take such a punt, this jaw-dropping house is the one to do it with.

He inspected the Bardon beauty only after the hammer fell, listing agent Judi O’Dea said. Three bidders drove home the result – more than two-and-a-half times the suburb median of $1.7 million, which has been subject to enormous medium-term growth.

SOLD - $4,600,000

24 The Drive, Bardon QLD 4065

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“The gentleman who purchased it is from Townsville and after the auction, I took him through it for the first time,” O’Dea said in the agency’s weekend auction report.

“They had buyer fatigue and knew this was a perfect, sensational new build and would accommodate their busy lifestyle.

“They have friends who have recently bought around the corner, who came to auction and encouraged strong bidding.”

The new owner and his wife have four children and are relocating to the capital from their base in Townsville.

Similarly, the vendor is afield. They moved overseas and were checking in on proceedings at 2am British time, O’Dea said in the report.

Agents from Ray White Paddington – O’Dea and Michael Kleimeyer – looked after the deal.

The house was once a humble cottage but a major renovation transformed it into a multi-level show-stopper, worthy of a magazine spread.

“Designed by CG Design Studio, great thought has gone into providing enough private retreats and family entertaining areas throughout this spectacular home,” the listing explains.

“An entirely new structure was added onto the rear of the original cottage, becoming the main living, dining, and entertaining area.”

Cascading terraces with bursts of green on every level connect the home to the Queensland sunshine.

A pool is accompanied by a recreation room, which has a sauna and a bathroom for a freshen up after a dip.

Bardon’s market has a head of steam. The median house price has risen more than 82 per cent over five years and more than 4 per cent over 12 months, Domain’s June 2024 House Price Report shows.

The deal in Bardon was the Ray White group’s top auction result for the weekend.