New Farm ‘blank canvas’ heads to auction for the first time in 50 years

69 Browne St, New Farm is on the market for the first time in 50 years.

With a facade that only a renovator would love, this classic untouched Queenslander in a highly sought-after Brisbane suburb has hit the market for the first time in 50 years.

The three-bedroom, one-bathroom home at 69 Browne St, New Farm, situated on a 567sq m block, contains all of its original features, with high ceilings and spacious rooms throughout the property.

Property agent Glynis Austin from Glynis Austin Properties said the home was the perfect blank canvas for buyers wanting to create their dream home.

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The home situated on 567sq m has plenty of potential for renovators and developers.

“These days, you don’t see opportunities like this pop up in the inner city,” Ms Austin said.

“We’ve had a wide range of buyers from young singles to empty nesters essentially wanting to renovate the property.

“The home is perfectly positioned for access to the New Farm Deli and James Street precinct.

“The home is a deceased estate and has nine beneficiaries. It is ready for someone to come and make this their dream home.”

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Property agent Glynis Austin said the home was the perfect ‘blank canvas’.

Ms Austin said she was currently seeing strong results in the Brisbane property market.

“Everything is selling at the moment. The market is still considerably active, and we‘re seeing great results,” she said.

“Interest rates haven’t hurt the inner city, and we’re seeing the market go from strength to strength.”

The home heads to auction Saturday, August 5, at 2:30pm.

PropTrack data shows that the median house price in New Farm is $2.535 million, up 12. 7 per cent in 12 months and 63.5 per cent in three years.

The post New Farm ‘blank canvas’ heads to auction for the first time in 50 years appeared first on realestate.com.au.

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