Real Estate

gold coast real estate rundown fishermanaes hut on the chopping block

Written by The ReReport

A rundown Gold Coast fisherman’s hut at 16 Michel Drive, Currumbin Waters is on the market for the first time since it was in 1956.

A RUNDOWN Gold Coast fisherman’s hut with an extensive history is on the market for the first time since it was built more than 60 years ago.
The property at 16 Michel Drive, Currumbin Waters belonged to the late Bruce Buchanan, who built the house in 1956 and lived in it until earlier this year.
The builder, who never married, was an avid fisherman who took advantage of the underdeveloped riverside land overlooking Currumbin Creek.

16 Michel Drive, Currumbin Waters is expected to attract plenty of interest when it goes under the hammer this weekend.

Agent Renee Pannekoek, of Coast Creek & Country Realty, is marketing the 809sq m property and said she had not taken on a listing with so much history before.
“I think it was quite amazing that he lived there all that time,” she said.
“He knew all the secret fishing spots in the area and we were told he would catch mackerel.
“He used to rent granny flats out to fishermen at the back of his main residence which are still there today.
She said he also owned the two neighbouring blocks when the land was used as farmland but they have since been sold.
As well as fishing, Mr Buchanan also had an interest in cars.

The outlook to Currumbin Creek.

“He was an avid car enthusiastic and the house was always known to have two old cars sitting in his carports,” Ms Pannekoek said.
“They have recently been sold following his passing.
“He also used to drive a WWII four-wheel-drive jeep and would attach his wooden boat he built and back into the water.”
While it needs work, the main residence has two bedrooms, a bathroom and a kitchen.
There are also two granny flats with kitchenettes and bathrooms.

16 Michel Drive, Currumbin Waters is in original condition.

The property is going to auction on Saturday and Ms Pannekoek is expecting a big crowd.
“It’s is in a street that has rapidly become known as one of Currumbin’s premier, most sought after locations with development and rebuilding of some amazing homes popping up in years,” she said.


“In the short one-month marketing period we have attracted an extremely strong buyer interest, with parties wanting to redevelop and a number wanting to renovate and keep the structure as Bruce had built it,” she said.
“We are expecting a great turn out with locals and potential new owners alike on Saturday.”
Property records reveal Michel Drive is tightly held with just one sale in 2018 and two sales in 2017.
The highest sale on the street is $1.25 million in 2017 for a new Hamptons-inspired four-bedroom house.

Source link