Around 50 people turned up for this auction which was situated in a nice quiet pocket of Prahran despite being close to many amenities. It was this aspect and the land content of the property that formed the major part of Phillip Kingston's preamble and was probably the main reason why no vendor bids were needed. The auction started off with a strong confident bid of $1,600,000 from an agent and it didn't take long for two more bidders to join in. Aided by the master of the tongue, Mr Kingston was in exemplary form using tantalising comments to push the bidders along. The methods proved useful as the property was knocked down at $2,050,000 which provided a fitting end to a good auction.
Saturday 31 March 2012, 10:30am
Phillip Kingston, Gary Peer
Darren Krongold, Gary Peer
We surveyed 100 high wealth people on a "tricky" property and the "values" ranged between $3m and $12m. That's incredible and that's dangerous.
The value of James was the patience and knowing in negotiation that I don't think other advocates would have, it helped us to secure a favourable price in an ever changing market.. The property we were interested in was passed in at auction, James stepped in, and the first thing they did was make sure we were really interested in acquiring the property, not from just an emotional point of view, but that it would really suit ...