10th. June 2026 – Good Buy, Queens Park

The Client

Our clients were young investors seeking a value-add opportunity in Sydney’s East. With a broad brief, they relied on our guidance to identify locations and assets best aligned with their investment objectives. After assessing a range of opportunities, we identified a freestanding Queens Park home that had been owned by the same family for over 50 years. Recognising its potential and the level of buyer interest, we developed a disciplined auction strategy, completed detailed due diligence and established clear bidding parameters. Through measured execution and a strong understanding of value, we successfully secured the property in a competitive auction environment, delivering a strategic acquisition with significant future upside.

The Property

4 Bed / 1 Bath / 171 Sqm
17 Isabella Street, Queens Park.
[Google Maps Link]

Held by the same family for more than 50 years, this freestanding cottage sits on a level block, with a wide street frontage in one of Queens Park’s most tightly held residential pockets. Retaining its original character and charm, the property presents a rare opportunity to renovate, extend or create a new family home. Positioned within easy reach of Queens Park, Bondi Junction and a range of transport, retail and lifestyle amenities, the home combines a highly desirable location with significant scope for future improvement..

The Acquisition

Type of Purchase: Auction
Purchase Price: $2,300,000 (publicly available)
Bought By: Spencer Tsang

The Selling Agent

Angus Gorrie
Ray White Eastern Beaches