Auction: Coventry Place, South Melbourne #AstuteInspected

April 14, 2018

 

A home full of character and potential. We loved how this property had been updated for functional use, but many of its gorgeous original features have been kept. 

 

This property was last sold in.... wait for it.... 1976! For just $23.3k!

 

Indeed this property is a rare find - most owners are holding onto these types of properties located in the same area. 

 

 

The Auction

 

There was a crowd of around 30 people waiting in the wind before the auction. At the exact moment the auctioneer put in the opening vendor bid, the heavens opened! Everyone began scrambling around for their umbrellas, some people left in a hurry. 

 

There was 1 bidder at this auction. It was passed in for $1,010,000. The bidder was taken inside to negotiate. 

 

Astute Inspection Score

 

This property received an Astute Inspection Score of 83 which makes it an A grade property. 

Click here to find out more about Astute Inspection Score. 

 

 

 

 

 

 

 

 

 

 

 

 

Auctions are tricky business! Theres a lot of psychology behind the buyers, agents & vendors. As professional Buyers Advocates, we are trained to know this psychology and use it to our advantage.

 

We can save you time stress and money! If you'd like our help securing your dream property, give us a call on 1300 736 638 or email us here.

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