A block of eight pink flats in a landmark blue chip site may be the luckiest ever listed in Australia.
The pink block has 8 units, with 8 bedrooms, 8 bathrooms, and is on an 819sq m block, located at 18 Victoria Terrace in Brisbane’s Bowen Hills.
That’s a major abundance of good luck with five 8’s and one 9, both numbers considered extremely good luck by Asian buyers, given the first sounds like “fortune” in Chinese and the latter like “longlasting”.
Add to that, the fact that the iconic block of flats called Avoca are pink — and 2019 kicks off the lunar Year of the Pig — a pink animal with curved features.
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The property has just been listed on realestate.com.au by agent Ivo Kornel of Belle Property New Farm for $2.5million (NZ$2.63 million) — but he was willing to throw a sixth 8 into the mix if that helped seal the deal.
“If they want to pay A$2.4888m or the luckiest number in between either of those that’s fine,” he told The Courier-Mail.
He described the property as a “once in a lifetime opportunity” overlooking prime Newstead sites including Gas Works with double street access for pedestrians apart from the Victoria Terrace entrance.
“It’s a great investment, a long term play with amazing city views. I think it’s very saleable,” Mr Kornel said.
In its current condition, the eight flats bring in gross income of A$110,000 a year.
“These apartments are not strata titled so outgoings are low which keeps the yield high and the future option to strata and sell off individually.”
It was zoned for development options of two to three levels.
“This property is pre-war which means you will have to discuss this development option with your town planner for further clarity, however seeing that the streetscape has changed so much over the years there might be a case to completely remove and start over.”
- news.com.au
