Two houses in Northern Aldaide will be auctioned this month in one last attempt to earn back unpaid council percentages.
The houses on 1 Inman Place, Salisbury and 549-553 Salisbury Highway, Parafield Gardens, are the last in a wave of forced sale by South Australian councils to restore long-term real estate debts.
Ray White Port Adelaide sales agent Niki Pittakis, who brings the two houses to the auction on October 22, said that the sale of municipal real estate is increasingly common.
“We actually sell a lot on behalf of the council,” said Mrs. Pittakis, who sells the last houses in an attempt to reclaim unpaid rates at the Salisbury Council.
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Salisbury’s ownership on 1 Inman Place is sold by Salisbury Council to reclaim unpaid rates.
“We do not have access to the properties (prior to sale), so unfortunately buy buyers as it is – I don’t even know what (every house) looks like.
“But for the right price we have each sold (real estate brought by councils).
“There are buyers who are willing to take the point (when buying a real estate invisible).”
The city of Salisbury confirmed that it owed around $ 63,000 in unpaid rates for both properties.
The rates had been overdue in the last 12 years, it said.
“The council took this step (to sell the houses) only as the last resort, after attempts to make schemes with the owners of real estate not successful,” the council said.
According to the Local Government ACT, guessing can sell per public auction if the rates have been overdue for more than three years.
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The house goes under the hammer on October 22.
The current owners, however, retain the legal ownership of the property until the hammer falls, in which entering laws for preventing internal inspections or photos of the houses prior to the auction.
Mrs. Pittakis said she was unable to even determine whether the houses were currently occupied.
She said that most buyers hoped to break up a bargain, but she was flooded with questions and strong competition could increase prices.
Investors and developers were especially enthusiastic about the house with five bedrooms Parafield Gardens, because of the large land package of 2190 m² and the proximity of schools, shopping and public transport, Pittakis said.
The house with three bedrooms Salisbury on a allocation of 544 m² had a “real mix of (questions of) non-owners and some investors’ attracted, she said.
Although no price guides have been released, Mrs. Pittakis said that Parafield Gardens’ house could get up to $ 1000 per m² for a total selling price of almost $ 2.2 million.
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The Parafield Gardens Home on 549-553 Salisbury Highway will also be auctioned to earn back unpaid debts.
Last month, nearly 60 properties sold by violence by Loxton Waikerie’s district Council a combined total of more than $ 500,000 – more than enough to reclaim $ 170,000 that was due in unpaid rates.
Peterborough Council has since sold eight properties this year, for various prices between $ 46,000 and $ 137,000, to recover his unpaid rates.
The councils of Metropolitan Adelaide were demonstrated last year that they owed more than $ 43 million in unpaid rates, with the costs of living crisis accused of increasing the mistakes to pay bills on time and hardships.
Local Government Association South Australia, President Heather Holmes-Ross, said that Councils did not win from the sale of real estate.
“(Councils) only recover what is due, with remaining funds that go back to the previous owner as soon as all other debts and charges are arranged,” said Mayor Holmes-Ross.
She said that most homes that were sold by force, died estates or were vacant land.
– By Lauren Ahwan
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