Emu Park site with cottage listed for auction as mortgagee sale

Emu Park site with cottage listed for auction as mortgagee sale
Emu Park site with cottage listed for auction as mortgagee sale

A 2,385 sqm site with a two-bedroom cottage in the Queensland town of Emu Park on the Capricorn Coast is up for auction on October 21.

The mortgagee is exercising the power of sale for two-bedroom house at 52 William Street, according to its description.

The property settled for $160,000 in 2005, CoreLogic RP Data showed.

Prior to that, it was put on the market in 2004 with expectations of $209,000.

The site has two street frontages of 40 m and 60 m that would allow scope to redevelop the site or renovate the existing house.

Emu Park site with cottage listed for auction as mortgagee sale

Emu Park's CBD is close, as also a primary school.

The listing agent is Lindsay Lodwick of Ray White.

The median house price for Emu Park was $310,000, according to CoreLogic data. 

Tags: 
Queensland Mortgagee Sale

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