oc | Tuesday 18th December
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34 Foam Street, ELWOOD

34 Foam Street, ELWOOD

BOUGHT* - Undisclosed
Music kept the growing crowd entertained until Leonard Persichetti came out to take over the show. After Mr Persichetti completed his introduction, an opening bid was requested. A short discussion with a crowd member concluded with Mr Persichetti opening with a vendor bid of $2,800,000. There was then the standard pause where all the crowd waited to see who would bid first. We didn't have to wait long for Bidder 1 to offer the requested $25,000 rise. Bidder 2 waited a few moments and then rose the bid to $2,900,000. Bidder 1 responded with a $10,000 rise and Bidder 2 came back with the same. Bidder 1 paused long enough that a half-time break was taken. Once we returned from the break, Bidder 1 offered a further $10,000 and Bidder 2 responded with a larger rise taking it to $2,950,000. Bidder 1 had no further bids so the property was passed in to Bidder 2 and bought after auction.
Saturday 17 March 2018, 2:00 PM
Leonard Persichetti, Greg Hocking Persichetti - ELSTERNWICK
Alby Tomassi, Greg Hocking Persichetti - ELSTERNWICK
$2,800,000(Vendor Bid)
After Auction

Rhianna Hoyle
First we said no. Then we said yes 72 hours later. Saved $400,000 after auction.
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