$7.3m: New record for Coorparoo after same house sells for $1m more than it did in 2022

An ‘Old world’ mansion on almost 2000sqm of land with city views has sold under the hammer for $7.3m --- $1 million more than it sold for in February 2022.

Located at 59 Buena Vista Avenue at Coorparoo, it was marketed and sold by NGU Real Estate Toowong.

That price is $1 million higher than the residential record set for the same property in February 22, when it sold for $6.3 million.

Agent Nhan Tran said there were four registered bidders, with two active.

It was bought by a buyer based overseas, who also has a property in Brisbane.

“it was popular given its land size and city views,” Mr Tran said.

“The house has demolition approval and is on arguably one of Brisbane’s best streets.”

Mr Tran said the new owner was still considering what to do next with the property. “It is a big house,” he said.

The property was a deceased estate and sits next to a new townhouse complex.

It is zoned ‘emerging community’ by the Brisbane City Council.

We are thrilled with the sale of this property, marking a significant achievement for our team.

Resource from REB