A younger household is buying and selling in a Fyansford property for a home on a giant, flat Hamlyn Heights block the place they will simply lengthen. The public sale ended $75K above value hopes.
A younger household is buying and selling in a Fyansford property for a home on a giant, flat Hamlyn Heights block the place they will simply lengthen.
The 1009sq m Griffen St property offered for $935,000 at Saturday’s public sale, after attracting bids from two events, each younger households.
Harcourts, North Geelong agent Nick De Stefano stated there have been 4 teams who have been eager on the renovated, three-bedroom weatherboard home and all confirmed up within the crowd to witness the public sale.
Auctioneer Shane King stated the scale and site have been key components that made the property value greater than common within the western Geelong suburb.
“You can rest assured that this is once in a lifestyle opportunity because these 1000sq m blocks are becoming harder to find,” he stated.
The property is near plenty of native faculties, together with Western Heights and Clonard faculties, and likewise to the favored Vines Rd procuring strip.
“The home is move in ready, a fantastic home with loads of character,” he stated.
“You can move in on day one and it has potential to add to the property, whether a subdivision or an extension down the road, they are the choices.”
Buyers Nick and Emma Daniele are doing simply that.
Mr Daniele, a builder, stated they have been buying and selling in a property at Fyansford for Hamlyn Heights the place the flat land is preferable to increase and host their younger household.
“We’ll do a big reno out the back,” he stated.
“We’re just in Fyansford. It’s on a bit of a slope so with young kids this is better.”
The public sale opened at $850,000, with two teams buying and selling bids till the underbidder dropped out at $932,000 because the patrons supplied $935,000.
After stepping inside to talk to the distributors, Mr King revealed the $935,000 highest bid was in the marketplace.
The property had been listed with a $799,000 to $869,000 promoting vary.
Originally printed as Hamlyn Heights house attracts large value at public sale