A Brisbane property mogul who lost a decade-long court battle with the state government over unpaid land tax and court costs is trying to sell off two houses on his own.
Edward Amos, 84, has listed two of his nine properties – one in Ascot and the other in Albion – for sale, about a month after the Queensland Revenue Office won a legal battle to sell and auction off his extensive portfolio, unless he pays more than $200,000 in court costs.
He has listed his property at 247 Lancaster Road, Ascot, as a “renovators’ dream”. In reality, the dilapidated weatherboard house appears uninhabitable.
One of Edward Amos’ more rundown properties, this one at 247 Lancaster Road in Ascot.Credit: Google Street View
“Positioned in one of Brisbane’s most prestigious suburbs, this charming timber character home on a level 40-square-metre block presents an outstanding opportunity for renovators, builders, or anyone looking to create their dream home in a premium lifestyle location,” the listing reads.
“With council approval already granted to demolish or remove the existing dwelling, buyers are free to either restore the original residence or start fresh.”
He has also listed his property at 37 Lever Street, Albion, as a “grand federation-era residence”.
A small, handwritten, “For sale” sign can be seen on the Albion property.
“With sweeping views of the city skyline and river, and surrounded by key amenities and public transport, this is a property with both charm and incredible potential,” his Domain listing reads.
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“Currently configured as five self-contained apartments returning a combined $2150 per week (low rent), the property provides solid rental income from day one.”
Amos claimed he held the Albion property in trust for his children as he fought the revenue office.
That claim was dismissed.
He could not be reached for comment.
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