Emu Park site with cottage listed for auction as mortgagee sale

Emu Park site with cottage listed for auction as mortgagee sale
Staff ReporterSeptember 27, 2017

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'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. 

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