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New Farm hoarder’s house sold for 60 times what it was originally purchased for

first_img The Courier-Mail previously reported that it took “four or five” people about 10 days to remove almost 100 cubic metres of “hoarder’s junk” from the property. Almost 100 cubic metres of hoarder’s junk was removed from 140 Annie St, New Farm. More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoThe kitchen had seen better days.Mr Liddy said the winning bid was placed by a friend who was acting on behalf of an interstate buyer.“The buyers are a young couple who are not originally from Queensland but looking to turn it into their own family home,” Mr Liddy said. The house at 140 Annie St, New Farm, sold at auction for $1.3 million.AN INNER-city hoarder’s house has sold for almost 60 times what it was originally bought for.The two-level house at 140 Annie St changed hands for the first time in 45 years at an auction yesterday. There was a DIY staircase.More than 40 spectators and nine registered bidders spilt out onto the street in front of the New Farm property at 9am and bidding for the pre-war dwelling kicked off at $1 million, with Belle Property Bulimba agent and auctioneer Paul Liddy leading the way.Mr Liddy coaxed bidding upward, taking two $100,000 bids, before it broke down to bids as small as $5000.After just nine bids, the house was sold under the hammer for $1.3 million dollars.According to CoreLogic data, the property last sold for $22,000 in 1973. However, Mr Liddy said the house was built before 1946 and could not be demolished under current heritage protection legislation.“It certainly is an interesting piece of property to say the least, but it bears great bare bones,” he said. Some of the property had VJ walls and timber floorboards that could be restored.Mr Liddy said the sellers, who were understood to have inherited the property, were “delighted” with the result.“It’s a family home, so there is a lot of emotion involved, but their expectations have been well and truly exceeded,” he said.The agent said the auction was an example of the strength in the New Farm market at present.“We had an extraordinarily big crowd and nine registered bidders … and the land holding of 582sq m in this location in New Farm is extraordinary,” Mr Liddy said.“We’ve seen the market speak today about the land values in New Farm, without a doubt.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:34Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:34 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy The Block has been such a success00:35last_img read more

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Spain follows through with tax break for burgeoning online gambling market

first_imgShare Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 StumbleUpon Related Articles Submit Share Andrea Vota – Jdigital’s challenge of Spanish restrictions is led by logic and rationale August 13, 2020 Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 Spain’s Parliament has pushed forward with its 2018 fiscal budget, which will implement a significant 5% tax reduction on a number of online gambling/betting services.Spain cuts taxes on gross gambling revenues from 25% to 20% on a range of industry online verticals including sports and exchange betting, online casino games and horseracing.Despite the recent upheaval in Spanish politics, which last June saw Mariano Rajoy discharged as Prime Minister following bribery scandals attached to the governing Partido Popular (PP – Conservative Centre Right).The Spanish parliament has decided not to delay its budget, which was initially agreed on in May, with the new fiscal policies being implemented by the new PSOE (socialist) government led by Pedro Sanchez.The tax breaks come at a crucial point for the burgeoning Spanish online gambling market, which is set to expand its licensing programme in 2018, welcoming a number of new operators to its marketplace.From a governance perspective, Spain will maintain its federal and regional divide between online and land-based gambling services.The Federal government will continue to regulate the Spanish online gambling marketplace through the Dirección General de Ordenación del Juego (DGOJ), whilst Span’s autonomous communities will be able to grant individual gambling concessions to enterprises adhering to DGOJ standards.last_img read more

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