BOUGHT* - $5,220,000

Justin Long is a very experienced and capable auctioneer and he needed to be today as he was put under pressure by bidders constantly trying to reduce the bids he was calling for. He held firm time and time again and in the end the vendors would have to think (whether they were happy with the price or not) that, without Justin’s skill and endeavours, this property might not have been sold today. Five bidders all with their own individual strategies locked horns for 45 minutes involving breaks and multiple “is it on the market” questions. The opening bid was $4,000,000, the property declared on the market at $4,950,000 and eventually bought under the hammer for $5,220,000.

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