News Corp Australia Network
When a Brisbane tennis court was listed for offers over $1.1 million, our inner John McEnroe erupted: “You cannot be serious!”
But there it was, a 1075sq m block of land occupied almost entirely by a tennis court listed for seven figures in Carina Heights.
“Currently, there is a full-sized tennis court positioned on the land, but the potential is something to be desired by many,” the listing says.
“This is the first time ever that this property has been offered to the market on its own, making it a unique opportunity to own a piece of prime real estate in one of Brisbane’s most sought-after suburbs.”
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If it were to sell for even $1 over asking price, that equates to around $1025 per square metre.
Mind you, the median land price in a new residential estate in Brisbane is now $595,000, and that’s for 400sq m, according to the latest Oliver Hume report.
That’s around $1488 a square metre.
Still, that eye-watering price for a court in Carina is enough to go bad boy Nick Kyrgios on the whole property market and smash a few rackets for good measure.
But such was the nature of extraordinary pandemic property boom, with the median house sale price in Carina Heights soaring 64.1 per cent in just three years to sit at $1.15 million in May.
Over to you Nick Kyrgios: “Get me a beer now. Honest to God, get me one now”.
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- Source: https://www.realestate.com.au/news/you-cannot-be-serious-qld-tennis-court-listed-for-11m/