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Kingaroy's most expensive house just sold

KINGAROY'S most expensive house has a new owner.

18 Freeman Court, Kingaroy, was on the market for $875,000 in August, 2018. Picture: realestate.com.au
18 Freeman Court, Kingaroy, was on the market for $875,000 in August, 2018. Picture: realestate.com.au

KINGAROY'S most expensive house has a new owner.

The home, at 18 Freeman Court, was under contract in mid-December, and it officially sold on January 11, 2019.

Former owner Michael Magnussen said the sale, which he handled himself, showed how buoyant the market was in Kingaroy.

"It's a good thing for the district," he said.

"You get all those people saying big homes never sell, and it sold within four months of being on the market."

Mr Magnussen said a partner in a large local business bought the home for an undisclosed amount.

"For a local business owner to buy the home, they're reinforcing their value in the town," he said.

"Kingaroy's real estate is booming again.

"And that's the high-end of the market, which everybody says never sells, but it has."

Mr Magnussen said the sale of his home, which he and his wife designed and built in 1995, showed confidence in the region.

"They all said I'd never sell it when I built it, but it sold quicker than a lot of mid-range homes.

"There's a boom at the high-end where everyone else in other centres has trouble selling," he said.

"It's just put so much confidence in the town's market."

The house was listed in August for $875,000, and was the most expensive house on the market at the time.

Situated in a quiet, friendly estate and built over two beautifully landscaped blocks (2398sqm), the property is jut 2km from the centre of Kingaroy.

The home features four generous-sized bedrooms, three bathrooms, open-plan living, dining and lounge as well as a large downstairs living area suitable for a granny flat or rumpus and bar.

The 11-foot ceilings spill out to tiled balconies that have eastern, southern and western outlooks and 180-degree panoramic views of the Bunya Mountains.

The Tasmania Oak kitchen features a breakfast bar and a generous walk-in pantry.

The large master bedroom has a beautiful eastern aspect, large walk-in robe and an additional three-sliding door robe, ensuite with double shower and double vanity basins.

The property accommodates for seven undercover vehicles - three large vehicles in the garage plus workshop space.

There's additional space for four more vehicles in a large 9m x 7m separate shed, and even more undercover space which can act as an entertainment area or double carport.

Other features:

- Solar panels

- Water tank

- Remote garage

- Dishwasher

- Gym

- Built-in wardrobes

- Landscaped gardens

- Circular driveway to house

- Separate driveway to rear shed

- Three-phase economical reverse cycle air conditioner

- Separate split air conditioner system on lower level.

Original URL: https://www.couriermail.com.au/news/queensland/south-burnett/property/kingaroys-most-expensive-house-just-sold/news-story/4c800f41becce14f2229ea5a9e8f38a4