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Mr Kouparitsas said the no-reserve auction campaign was an opportunity for someone to pick up a good property on a large block.

“A lot of buyers will have the opportunity to bid and buy this home which has city views.”

Mr Kouparitsas said the two-level home was “overflowing with timeless character”.

“Whether you plan to renovate, extend or completely reimagine, the home offers exceptional scope to add value and capitalise on its blue-chip location,” Mr Kouparitsas said.

The property, which is close to amenities, features an open-plan dining area which connects to a formal lounge with a cosy window seat.

External stairs lead down to a fully fenced backyard with plenty of room to redesign the outdoor area.

Owner James Barnier, a father-of-four, said the property must be sold on auction day and was feeling upbeat about the campaign.

“We lived in the property for 14 months before moving to Kalinga,” Mr Barnier said.

“This property has a lot of character, and it’s on an elevated block which we really liked - it gets a good breeze.”

Mr Barnier, a business development manager for a commercial construction company, said properties like this were “sought after” in Brisbane.

He said the property was close to Kedron Brook, where he often walked his dogs.

“The kids play rugby for Norths, so we spend a lot of time around the area - it’s a lovely location,” Mr Barnier said.

Ray White Collective principal and auctioneer Haesley Cush described the upcoming no- reserve auction as a “rare opportunity”.

“In my auctioneering world once every five to 10 years I have met with an owner who says they want to sell their property, with no reserve,” Mr Cush said.

“As an auctioneer many will never call one and if you do, the weight of the outcome sits entirely on the shoulders of the agent and auctioneer.

“A no-reserve auction is exactly as described. There is no reserve. The property will sell to the highest bidder. So if you bid $100 and no one else bids, then you buy it!”

Mr Cush said the no-reserve auction was a bold approach that required confidence in the property and market.

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