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Asian developer buys mansion in up and coming suburb prior to auction

first_img6 Idris Court, Calamvale.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoThe property is on a 1412sq m subdividable allotment (subject to council approval).Mr Zhang said the buyer would create two new lots.“It’s really hard to find this sort of block,” he said. Check out the inside of 6 Idris Court, Calamvale.Mr Zhang would not disclose the sale price however said it was a million-dollar sale.“More and more houses in Calamvale are selling for over a million dollars. This suburb was once affordable but is becoming more expensive,” he said.“High prices push people out of the area with these sorts of sales.”The auction of the property was scheduled for Saturday. Follow Reshni Ratnam via Twitter 6 Idris Court, Calamvale.A 14-bedder in one of Brisbane’s up and coming million-dollar suburbs has been snapped up by an Asian developer prior to auction. FREE: Get the latest real estate news direct to your inbox here The mansion at 6 Idris Court, Calamvale.The property at 6 Idris Court, Calamvale went under contract last night, after being on the market for a month.Yong Real Estate – Sunnybank Hills selling agent Tom Zhang said the local developer was looking to redevelop the land, split the block and give the original home a facelift.center_img The spacious lounge area at 6 Idris Court, Calamvale. The kitchen area at 6 Idris Court, Calamvale.last_img read more