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Two three-bedroom townhouses at 1 & 2/19 Ann Street, Noosaville, are up for mortgagee sale.

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Investors hunting for their next big thing are among those flipping through 55 mortgagee sales in Queensland – where prices start at $25,000 for a block of land, $119,900 for a three bedder with even two Noosa townhouses up for grabs.

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From your own subdivision to a luxury home on acreage, a one bedroom inner city apartment or townhouses in a holiday hotspot, there's a lot to like for investors searching for mortgagee sales in the Sunshine State.

Listings details show there are 55 properties currently listed for sale or auction across Queensland after being seized by mortgagees.

Lot 25 Kunapipi Springs Road, Laguna Quays, is listed at $25,000 negotiable.

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The range is almost as varied as the property market itself, with the cheapest being an 833sq m block of residential land at Lot 25 Kunapipi Springs Road, Laguna Quays, priced at $25,000. And, even that, according to the listing by agent Troy Liesch of Whitsunday Realty Proserpine was negotiable, with "all reasonable offers" considered.

17 Rufus Street, Blackwater, is listed at $119,900.

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The cheapest house put up by a mortgagee was $119,900 at 17 Rufus Street, Blackwater, in the central Queensland resource zone. The three bed, one bath, single car park home is on a massive 1,012sq m block, with agent Jason Campbell of Blackwater Real Estate describing it as lowset with a "great kitchen, good sized dining area (and) all bedrooms a good size".

507/35 Peel Street, South Brisbane, is listed at $269,000.

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The cheapest inner-city unit was a one bedder in South Brisbane at 507/35 Peel Street. The 49sq m unit has scooter parking and is priced at $269,000, according to agents Vern Gilbert and Josh Dawson of Plum Property Toowong.

8201 Mount Lindesay Hwy (via Beaudesert), Josephville, is set to go to auction on Saturday July 11 at 11am.

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One of the best lifestyle offerings up for mortgagee sale was a horse property at 8201 Mount Lindesay Hwy (via Beaudesert), Josephville. The four bedroom, two bath, two car garage home sits on a 4.27 hectare block and is set to go under the hammer on Saturday July 11 according to agent Ed Dalton of Ray White Rural Beaudesert.

Lot 207, Premier Drive, Kingaroy, is set to go under the hammer on Tuesday June 30 at 12pm.

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The largest property up for mortgagee sale is a large block subdivision at Lot 207, Premier Drive, Kingaroy where there is an 8.264Ha partially completed subdivision in Summit View Estate.

Agent James Carmichael of LJ Hooker Cleveland listed it as a "17 rural residential lot subdivision site with existing presales and DA approval" with each block potentially as big as 4,000-4,679sq m. "These opportunities are rare," he said.

1 & 2/19 Ann Street, Noosaville, will be put under the hammer.

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By far one of the hottest and potentially most expensive of the mortgagee listings is in Noosaville, where two townhouses at 1 & 2/19 Ann Street are set to be put to a forthcoming auction.

Agents David and Theodora Garwood of Garwoods Estate Agents Noosaville confirmed in the listings would be available for purchase in a few weeks' time.

"These properties are in the hands of the mortgagees, who have instructed that they be sold. Each home is different, and depending on your needs and desires, one will appeal more than the other."

1 & 2/19 Ann Street, Noosaville, was taken over by the mortgagee.

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LISTED FOR MORTGAGEE SALE:

Cheapest land:

Lot 25 Kunapipi Springs Road Laguna Quays: 833sq m Residential Land: $25,000

Cheapest house:

17 Rufus Street, Blackwater: 3 bed, 1 bath, 1 car park, 1,012sq m block, $119,900

Cheapest inner-city unit:

507/35 Peel Street, South Brisbane; 1 bed, 1 bath, 1 scooter park, 49 sq m unit $269,000

Largest property:

Lot 207, Premier Drive, Kingaroy: 8.264 Ha partially completed subdivision in Summit View Estate.

Most expensive:

1 & 2/19 Ann Street, Noosaville: 3 2 2 Townhouse; Forthcoming auction.

Lifestyle/Acreage:

8201 Mount Lindesay Hwy (via Beaudesert), Josephville; 4 2 2 4.27ha; Auction Sat 11 Jul at 11:00am

**Click here for more QLD mortgagee sales listed on realestate.com.au

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Source: https://www.realestate.com.au/news/hottest-properties-on-the-mortgagee-sales-list/