The original owner of a 1985 asbestos beach shack in Currimundi knocked back higher offers in favour of a quick ‘no frills’ sale which still exceeded her expectations.
The almost unchanged green fibro, which was bought for $44,000 more than 35 years ago, sold for $585,000 after intense interest.
But the 90-year-old owner knocked back higher offers – with one even willing to go above $600,000 – in order to get a quick cash sale so she could move into residential care.
The neighbouring brick house, sold by a separate agent, was snapped up for $685,000, an increase of $131,000 since the owners bought the property just 15 months ago.
The two houses on the service road of busy Buderim Street are only a stone’s throw from the beach and minutes from Currimundi Lake.
Caloundra City Realty agent Ros Steinhaus said the elderly owner of the three-bedroom fibro, with wood veneer panels and patterned wallpaper, had finally decided it was time to move into aged care.
“I first met her in 2005 when I was a house finder and she was one of my first contacts,” Ms Steinhaus said.
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“We kept in contact all this time. One Sunday afternoon I dropped in after her 90th birthday and when I got there she couldn’t move or get to her walker but she didn’t want me to call her son or an ambulance.
“But I couldn’t leave her there so I ended up calling her son and he called the ambulance and she agreed then it was a good time to move.”
The house drew 20 groups on its open house and offers that exceeded the expectation of the family who had thought it would sell in the 400,000s.
One potential buyer was even willing to pay more than $600,000 but the family was after a quick “no frills” sale and chose a cash offer with no conditions.
“They wanted that because they didn’t have to go through building and pest or wait for finance,” Ms Steinhaus said.
Real estate agent Simon Birse said the white brick house next door had attracted “phenomenal interest”, with 29 groups at the first open house and 13 on the second.
Mr Birse said the owners had purchased the property in November 2019 as a “consolation” after missing out on a house they wanted in Mooloolaba.
When that house recently returned to the market, they decided to sell the Currimundi investment rental to chase their dream.
Sitting the on Buderim Street home for 15 months returned a 23% increase in value.
Both houses on Buderim Street were purchased by locals.
