REAL ESTATE: 49 Nicholson Street Mitchelton was a passion project for one young couple.A YOUNG couple came close to doubling their money when a 1950s era home they did up sold at auction. 49 Nicholson Street Mitchelton floorplan.Kelly and Scott Summers bought the single storey, three-bedroom home at 49 Nicholson St, Mitchelton, back in 2011 for $517,000.After several years of transforming it into a modern, Hamptons style double-storey home, it sold under the hammer for $935,000.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours ago The auction attracted a crowd of bidders and onlookers. Photo AAP/ Ric FrearsonMrs Summers said they always saw that there was great potential in what could be done to the home.“I felt that we created a house that would appeal to many people,” Mrs Summers said.“I don’t think we went too crazy in any particular direction.”The home was elevated and built out, with extra space for entertaining inside as well as two extra bedrooms. 49 Nicholson Street Mitchelton“He (Scott) did the floorplan and I did the interior design,” she said.They were happy with the price and had even bought their next fixer-upper in Ashgrove.“We didn’t overcapitalise and we were always very conscious of the suburb we were in,” she said. She said that popular additions to the home were the dressing room and the barbecue area.