Nicole Lindsay April 16, 2012
Two active bidders kept up the pace at the lively auction of this Californian bungalow, across the Yarra River from Kew. Other potential bidders did not get a chance to put up their hands, according to agent Collins Simms, and it easily passed its $1.5 million reserve. The three-bedroom two-bathroom house is on a 925-square-metre lot two blocks from the river and includes a studio and workshop.
On THE top floor of an art deco block, off Williams Road, this large five-room apartment includes two bedrooms, with built-in robes. There were three bidders among the 70-strong crowd at the auction, which was run by Biggin & Scott. Bids opened at $750,000 but reportedly stalled a couple of times before it was declared on the market at $850,000. It sold under the hammer for $890,000.
Originally for private sale at $275,000, this deceased estate fell further short during an auction campaign that trumpeted its bargain status. It sold shortly before auction in a deal handled by Stockdale & Leggo’s Cranbourne office. Close to the South Gippsland Highway, the brick house is on 600 square metres and has three bedrooms, two bathrooms and separate dining and living rooms.
The buyer of Manton’s Creek Vineyard banked a tidy discount to the original $2.8 million asking price. The large house has three bedrooms and two living areas. It is on 20.2 hectares with a
6.47-hectare vineyard including pinot gris, chardonnay, gewurtz and sauvignon blanc grapes. There are leased restaurant and cellar door facilities. The Kay & Burton Flinders office made the sale.
The phrase ‘‘under instructions from the state trustee’’ draws buyers looking for a bargain. About 50 people, four of whom put in bids, turned up to the auction of this three-bedroom terrace near the river and freeway. Bids opened at $500,000 and it was on the market at $601,000. The remaining two bidders took the price to $630,000. It was bought by a local investor.