42/44 Spencer Road | Sold at Auction

Last night marked the moment of truth for the marketing of 42/44 Spencer Road.

After 4 weeks on the market, with over 50 groups visiting the open homes it was time to auction the property. On Saturday last, a pre auction offer was made at $930,000, tempting to say the least. An offer that is close to the mark is always hard to resist. But with  half a dozen bidders patiently waiting for the auction on Wednesday the owner decided to wait. A nerve racking few days for sure but worth it in the end.

A number of buyers had contacted my recommended builders, Jennian Homes and finance brokers Edge Mortgages and many had visited the council investigating the property, so I knew we had serious parties.
Rob Tulp, an auctioneer with experience in both Australia and New Zealand led the auction. bidding started at $600,000, and the six bidders pushed the price beyond the sellers expectation to $1,050,000. This was a terrific result!

Afterward the Mumm was uncorked and an ecstatic owner gave me many hugs and kisses. Off to a restaurant for dinner!