The outlook from the house at 85 Petersen St, Wynnum, which has sold for $2.95m.
THE record sale price for a home in the bayside suburb of Wynnum has been smashed by $450,000.
A palatial, yet dated, house with arguably “Brisbane’s best bayside view” has fetched $2.95 million, selling to a local family who didn’t even know the street existed.
This house at 85 Petersen St, Wynnum, has sold for $2.95m.
Inside the house at 85 Petersen St, Wynnum.
In the past decade, only five residential properties have sold over the $2 million mark in the suburb.
The property at 85 Petersen St, Wynnum, has four bedrooms and four bathrooms on a huge 4,449 sqm block.
The view from inside the house at 85 Petersen St, Wynnum.
The sunroom in the house at 85 Petersen St, Wynnum, which has sold for $2.95m.
Features include a tennis court, infinity pool, outdoor entertaining area, billiards room with bar, rooftop viewing deck and a garage with room for four vehicles.
The sale was negotiated by Clinton Sippel of Couture Realty, who said the buyer was a long-time Wynnum resident who did not know Petersen Street existed until he saw the property advertised on social media.
Mr Sippel said the family plans to renovate the home and move in as soon as possible.
He said the property’s position drove the sale price, but many were skeptical about how much it would go for.
“We had many, many people through who didn’t think we’d get more than $2.25 million because there were no sales in the area to support that,” Mr Sippel said.
“It was really good to find someone who saw the value and ended up buying it.”
One of the bedrooms in the house at 85 Petersen St, Wynnum.
The billiards room in the house at 85 Petersen St, Wynnum.
The record for Wynnum had previously been held by two homes, which sold for $2.5 million — 25 Waterloo Esplanade and 52 Bay Terrace.