77 Mowbray Tce, East Brisbane. Picture: realestate.com.auThe Federation Queenslander has large living areas, including a formal dining area with a fireplace and a wraparound veranda.Original features include high ceilings with ornate detailing and VJ walls.It has views to the Brisbane CBD. 77 Mowbray Tce, East Brisbane. Picture: realestate.com.auMr Hicks said bids were going back and forth right until the hammer came down.“During the campaign we had about 250 people through,’’ he said. 77 Mowbray Tce, East Brisbane. Picture: realestate.com.auPotential buyers from interstate and overseas also showed interest in the house. The Mowbray Tce home has plenty of original features. Picture: realestate.com.auHe said they planned to carry out a substantial renovation to it.The house known as Fairholme was offered for sale for the first time since it was built in 1912 and was sold as part of a deceased estate.It sits in a prestigious location on top of Sinclair’s Hill on Mowbray Terrace, East Brisbane and a 1712sq m block of land.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by There was huge demand at auction for77 Mowbray Tce, East Brisbane. Picture: realestate.com.auDEMAND was so high for this historic East Brisbane home that 30 bidders registered to try and secure it at auction before it sold for $4 million.Bidding for 77 Mowbray Tce, started at $2 million and progressed quickly to the end result.The three-bedroom home was bought by a family, according to marketing agent Shane Hicks of Place Estate Agents. 77 Mowbray Tce, East Brisbane. Picture: realestate.com.au“I think it (the result) just shows how strong the Brisbane market is particularly for this high end type of property,’’ he said.