SA council selling Peterborough properties to recoup unpaid rates

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The inspections are strictly prohibited, with potential buyers that face search charges if

Break the rules, but that won the immense interest in the nine properties of Peterborough that

Auctioned at the end of this month.

The owners of the seven houses and two vacant blocks have breached their rates, forcing the

The Peterborough Council will sell the properties of Mid North in a last effort to recover the

Debts.

The Wardle Co’s real estate sales agent, Angus Barnden, expects a massive interest in the

Properties, which seem to be in several states of negligence and evil and is expected to

Get no more than $ 80,000 each.

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The property in 102 Queen St is one of the houses that is selling the Peterborough Council.


The house in 106 Queen St will also go under the hammer.


In Hill Street West, the house at number 94 is at stake.


On the same street, the number 118 will be sold.


Baronden said the home would probably be sold for only $ 50,000, while empty land plots

It was expected to look for between $ 30,000 and $ 40,000.

“The price will generate interest,” said Barnen.

“If we look at Adelaida, the average price is one million dollars and even in the suburbs

The average price is $ 600,000, but not everyone can pay that.

“If you buy (a house) for $ 50,000 and you put some new floors and a kitchen and a bathroom

And maybe clean the patio, could cost you about 100,000

Liveafhle House for $ 150,000 and where can you buy for that? “

It is to believe that at least two of the houses are currently occupied.

Baronden said that the owners still retained the legal property of the properties to the auction

Hammer fell, avoiding giving photos inside the houses or performing

Buyer inspections.

“It’s a bit complicated,” he said.

“If there are people there (in the houses), then they do not tend to take it too light that their property is being tasks away from them.

“The Council does not have the legal property of the land, so anyone who without the

The consent of land owners is actually considered transfer. ”

The cabin in 29 princess ST is also on the list of selling.


How is the house in 54 Bourke St.


The land block in 91 Dawson RD offers possible buyers a new beginning.


The property in 29 Kitchener ST has a lot to sacrifice to the possible buyers.


The house hunters may need to be creative with the property in 46 Fowlers RD if they buy it.


If pending debts are paid before the auction, the properties would be extracted from

Sale, said Barnen.

However, once sold, the property would go to the successful buyer.

Baronden was not sure if the current Landwolders would attend the auction, which would be held

In the City of Peterborough on Friday, May 30 at 12 noon.

Said there had been great interest in all properties, and most buyers eager to restore the

Houses to live, run or “turn”.

Last year, the advertiser revealed that the councils in the Metropolitan Adelaide were more than

$ 43 million in unpaid rates, with the cost of living crisis blamed for an increase in failures to be paid

Invoices in time and difficulties applications.

According to local government law, councils can sell properties where rates have been in

Delays for at least three years.

Peterborough’s advice was contacted.

– By Lauren Ahwan

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