Landmark Queenslander Fetches $6.6 Million at Auction

A historic Queenslander in Kangaroo Point has sold for $6.6 million at auction. The sale of “Rockfield” at 19 Leopard Street was one of 86 auctions scheduled in Brisbane on Saturday, June 8, 2024.



Photo Credit: Place

Place Bulimba agents Sarah Hackett and Lauren Marmotta marketed the property, which attracted significant interest during its campaign. Ms. Hackett reported that over 100 families viewed the home, with four registered bidders participating in the auction held on a balcony overlooking the Brisbane River.

Photo Credit: Place

“The opening bidder actually ended up with the property,” Ms. Hackett said. “It’s going to be their family home.” The winning bid came from a local buyer, securing what has been described as a “once-in-a-lifetime opportunity.”

Photo Credit: Place

The marketing strategy targeted local schools and three major hospitals due to their proximity. “We had a couple of doctors registered to bid due to the convenience of being around the corner from the hospitals,” Ms. Hackett added.

Photo Credit: Place

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Rockfield, an immaculately renovated Queenslander, offers panoramic views of the Brisbane River, city skyline, and Botanic Gardens. The property combines historical charm with modern conveniences, making it a highly sought-after residence.

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Linda Butler, the seller, has owned Rockfield since 1997. “It’s one of those houses that you drive past and when it came on the market, I just knew it was a once in a lifetime opportunity,” Ms. Butler said, reflecting on her initial purchase.

Photo Credit: Place

This sale comes amid a surge in Brisbane’s auction market. PropTrack data indicates that 124 properties were set for auction this week, marking a 20% increase compared to the same period last year. The market also features entry-level homes and properties attractive to developers and investors.

Published 7-June-2024