The property is described as “beyond repair”.
A Queensland house on the market is so damaged buyers cannot inspect inside but that hasn’t stopped huge interest in the block.
The property, in the city of Ipswich west of Brisbane, is described as “beyond repair” and to be sold as a “knockdown opportunity”.
28 Russell Street, Silkstone is up for sale.
The property is an 809sq m block.
Agent Hayley Picker of NGU Real Estate – Ipswich is marketing the 809sq m property at 28 Russell St, Silkstone and said she had it under contract within three days.
“I’ve been inundated with calls about this property,” said Ms Picker, who declined to reveal the sale price.
“It’s had eight written offers without anybody even viewing it and I even had to cancel the first open home.”
She said the buyer planned to build a duplex on the block.
“Everybody was wanting to do the exact same thing,” she said.
“Yes, the house needs to be knocked down but buyers can see the potential and most wanted to build a duplex.”
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Aerial view of the property.
28 Russell Street, Silkstone.
Ms Picker said there was no other option but to knock down the home.
“Regrettably it’s full of termites and got water damage,” she said.
“Knocking down is definitely the best way forward.
“My sellers are living in there unfortunately.”
The kitchen and living area.
The listing described the property as a one bedroom, one bathroom dwelling that was beyond repair.
“Are you looking to start from scratch,” the listing states.
“Due to the extent of damage, internal access will not be authorised for safety and liability reasons.
“The property is priced for land value only, offering a generous 809sq m block in the ever popular Silkstone location.”
There is a caravan and modular building on the property.
Other features on the property include a large powered shed and double carport while a powered modular building and caravan will remain on site with the sale.
“An ideal opportunity for builders, developers, or buyers looking to create something new in a tightly held suburb,” the listing states.
PropTrack data reveals the median house price in Silkstone is $727,500, up 15.5 per cent over 12 months.
The bathroom.
Silkstone is described as a tightly held, well-established suburb close to the Ipswich CBD.
“Known for its leafy streets and strong sense of community, the area offers a blend of character homes and modern builds, reflecting its ongoing growth and renewal,” the listing states.
“With its proximity to major amenities, family-friendly atmosphere, and consistent demand, Silkstone continues to be one of Ipswich’s most popular and reliable suburbs for long-term value.”
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