A property on Lancaster Road in Ascot, linked to former real estate agent and auctioneer Edward Amos, has been listed for sale via expressions of interest amid ongoing legal proceedings related to unpaid debts.
Read: $23 Million Sale in Sutherland Ave, Ascot Signals Shift in Brisbane Home Prices
This comes after a Supreme Court ruling earlier this month reportedly authorised the seizure and sale of nine properties connected to Mr Amos, as part of efforts to recover long-outstanding court costs and other liabilities.
The Ascot home is among nine properties in suburbs including Clayfield, Wooloowin, Newmarket, and Surfers Paradise, reportedly forming part of a substantial portfolio accumulated over decades. Many of the properties have fallen into disrepair, with some no longer habitable and at least two already demolished.
The timber character home, situated on a level 405 sqm block, is currently “council-approved for demolition or removal of the existing dwelling” based on the listing. Marketed as a redevelopment opportunity in a tightly held suburb, the property is one of several across southeast Queensland that may be sold to satisfy long-standing financial obligations allegedly owed by Mr Amos.
Legal proceedings spanning more than a decade have centred on Mr Amos’ refusal to settle unpaid court costs and other financial liabilities said to total under $200,000. Previous efforts to sell certain properties were reportedly delayed when Mr Amos claimed they were held in trust for his children—claims later rejected by the court due to a lack of supporting evidence.
The Lancaster Road property, located in one of Brisbane’s most sought-after residential pockets, is now being marketed for potential redevelopment. Despite the overall portfolio’s estimated value running into the millions, the legal action reportedly stems from much smaller unpaid sums.
Read: Strong Demand for Luxury Retirement Apartments in Ascot
Mr Amos, who has a history of disputes involving land tax and council rates, has not publicly responded to the latest developments concerning the properties, including the one in Ascot.
Published 1-May-2025
