Inner city Auchenflower apartment in Brisbane sold by mortgagee
The apartment within the inner city Brisbane precinct of Auchenflower has been sold by mortgagees.
Set in the 2005-built Linear building, the newly painted and re-carpeted third floor apartment was marketed as offering executive living with river views.
It fetched $800,000 when sold by Franzwa Van Vuuren from Brisbane West Real Estate.
The developers had sold it in 2006 at $1,150,000.
The 10/8 Dunmore Terrace apartment, with access via Lang Parade, came with three bedrooms, two bathrooms, and two car tandem basement parking.
The 40 sqm balcony has river views.
According to CoreLogic, the suburb's median unit price sits at $425,000.
There were two sales in Linear last year with a three bedroom sub-penthouse fetching $1,275,000, having previously sold at $1.3 million in 2008.
The developers has sold it off the plan in 2003 at $915,000.
There was a $485,000 two bedroom sale which had sold at $440,000 in 2006.
