Innovative marketing delivers a windfall for owners

first_imgMore from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019The property at 85 Fallon Street, Everton Park.Mr Rowland put the strong result down to a combination of the fact that it was a large block, that it had potential for good city views if the new buyer built up, and that the block could be split into three.“We got a town planner to have a look at it to get an idea of what we can do. Subsequently, the developer is splitting it into three blocks. It’s going through council now. It sold six months ago, but settlement went through this month,” Mr Rowland said.He said thinking outside the box had paid off for the owners.“If we didn’t look at that three-way split, it would have sold for about $950,000,” Mr Rowland said. The most expensive home sold in Fallon St previously was a 607sq m block for $715,000 in July last year. The 1960s home was elevated to capture city views. It also had alfresco decks, a pool and multiple living areas. So far, including the most recent sale, 29 homes on the street have sold for more than $400,000, according to CoreLogic property records. Fourteen of those recorded sales were above $500,000, four were above $600,000, two were above $700,000, and one – 85 Fallon St – was above $1 million. 85 Fallon Street, Everton Park.A Brisbane home landed about $200,000 more than expected after advice that its two blocks had the potential to be split into three.The 1225sq m property at 85 Fallon St, Everton Park, has settled for $1.15 million after a six-month contract.Agent Tristan Rowland, of Place Aspley, had marketed the property as “the best splitter block to be offered in years” that was “just begging to be reconfigured to three lots”. last_img read more

VA shooting deadliest in U.S. this year

first_imgThe mass shooting in Virginia Beach Friday is the deadliest in the U.S. this year.Authorities say a disgruntled city engineer named DeWayne Craddock walked into a city building Friday afternoon and began shooting indiscriminately on all three floors of the building, killing 12 people and wounding four others.The suspect worked as an engineer in the city’s public utilities department, and was killed in a shootout with police.A .45 caliber semi-automatic handgun and several empty ammunition clips were recovered at the scene.Mayor Bobby Dyer called it the most devastating day in the history of Virginia Beach.Related content:Victims in Virginia Beach mass shooting identifiedlast_img read more