A fire-damaged, half-renovated Queensland home on a prime corner block has attracted builders and renovators ahead of its weekend auction.
The fire-damaged, half-renovated Queensland home in Kingston is going to auction on April 26.
The Logan property, at 22 Ashvale St, Kingston, offers a “blank canvas” on a flat 600 sqm block and goes to auction on Sunday at 10am.
Seller, Suliman Karim, who now lives in Sydney, bought the damaged property in February, 2025 as an investment.
The seller has decided to offload the property.
The seller recognised the area’s growth potential and took on the home — which had been damaged by a candle fire — as a passion project.
Having grown up in Logan, he recognised the area’s growth potential and took on the home — which had been damaged by a candle fire — as a passion project.
“I saw the potential in the land and the corner position immediately,” Mr Karim said.
“The renovation started well, however living in Sydney and travelling back and forth to manage the work became too difficult.
“I’ve decided it’s time to let someone else finish the vision.”
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The property has attracted interest from buyers looking to bypass the small lot sizes of new developments in favour of a bigger block.
Marketed by sales agents Ramin Bay and Vivienne Cheah of Ray White Logan City, the listing has attracted interest from buyers looking to bypass the small lot sizes of new developments in favour of a bigger block.
Ms Cheah said the property attracted a specific demographic of savvy buyers who look out for “distressed” assets.
“In the Logan area, half-finished or fire-damaged homes are actually quite popular,” Ms Cheah said.
“About 40 per cent of the people coming through are buyers we’ve met before – they know we specialise in this niche.
“We’ve sold more than 10 of these types of properties recently, including four just this year.”
The house is a work in progress.
Ms Cheah said while the home was still classified as safe for inspections, many prospective buyers were viewing it strictly as a “knockdown” opportunity.
“People love the block.
“It’s a rare, flat corner piece of land with no trees.
“In new areas like Logan Reserve, blocks are much smaller and come with heavy restrictions.
“Here, you have the space to do what you want.
“We don’t truly know what people will pay for a half-burnt, half-finished house until auction day.”
Inside the half-finished project.
Ms Cheah said: “We recently sold a totally burnt home on 800 sqm at 18 Cypress Street, Woodridge – we expected $600,000, and it went for $727,000”.
PropTrack data shows the median house price in Kingston is $795,000, up 16.1 per cent over 12 months.
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