Young expats fly in to snap up dream cottage


first_imgThe house at 11 Ellen St, Albion, sold under the hammer for $816,500.A young Aussie expatriate couple snapped up an inner-city cottage for $816,500 that they flew in to see for the first time on the morning of the auction.Geoff Allen and Ana Garcia, locals who had been working in the United States for the past two years, flew in Friday but were not going to let jetlag stop them at the auction of the Ellen St home in Brisbane’s Albion. MORE: Magic at a triple-storey ‘manor’ Where have all the sellers gone? Ana Garcia and husband Geoff Allen flew in Friday to be at the auction of 11 Ellen St, Albion, which they eventually won under the hammer for $816,500 as Brisbane’s auction market continued to show strong demand. Picture: Sophie FosterThe first time they laid eyes on the 100-year-old cottage was an hour before the auction, when they discovered they were up against six other bidders.Ms Garcia told The Sunday Mail they did not think they had a chance but decided to give it a go – and $500 ended up making a difference for the young couple.“We arrived yesterday from the States after having spent two years there. We had seen the house online. We had been looking for a house in Albion. I love it here. We live in an apartment, two bedroom, two bathroom. We knew it was time to go bigger but seeing the prices around here, I didn’t know if we would have a chance.” Tennis champ Ash Barty is building her dream homecenter_img Neighbours and bidders lined both sides of the street to see this Ellen St cottage sell. Picture: Sophie FosterRay White auctioneer Philip Parker, who had paused the start of the auction to allow a forklift to come through the street, saw bidding kick off at $500,000. It jumped in $50,000 bids until $750,000 before rising three times to $790,000. The bids then bounced around in rises of $7,000, then $1,000, $5,000, and $3,000. There were 13 bids before the auction was paused at $806,000 to get instruction from the owners. The highest bidder at the time then increased their bid to $814,000 which was when Mr Parker declared the property on the market. The underbidder put forward $2,000 to take the price to $816,000, before the eventual winning bidders extended that by just $500 more to $816,500 to seal the deal. FOLLOW SOPHIE FOSTER ON TWITTER The kitchen is new, and there’s also a serving area opening up to the back deck, perfect for parties. More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoA rumpus room, gym and office was connected to upstairs via a spiral stairway.Located just 4.9km from the Brisbane CBD, the three bedroom, three bathroom house was on a 529sq m block which attracted young couples and families, according to agent Shenal Yigitbas of Ray White Ascot, who co-listed the home with colleague Dwight Ferguson.“There were seven registered bidders. Two registered early on Friday, five on the morning of the auction. Lots of first home buyers came through and we had a family bidding and someone looking to downsize.” Ellen Street is one of the unique inner city areas where most of the century-old homes have been maintained. The cottage has had some work done to it including a deck added out the back – perfect for summer evenings.”Geoff’s parents came first to check it out – because it needs repairs – so we could assess how much it’s going to cost us so we could factor that in to the price.”She said the beauty of the home was that it was “absolutely liveable” right now, giving them time to decide what extra work to have done to it.“We are super happy,” she said. “I love the area, you can walk to cafes, yoga, the park, because we have a dog, the pharmacy, everything. They are building and developing a lot of things around here, the train station is just there, buses. All the neighbours came to say hello to us, it’s very nice, I’m very excited, I want to cry.”last_img read more