1 Smyth Street, TOORAK

1 Smyth Street, TOORAK

PASSED IN - $4,800,000
In a quiet cul-de-sac stood this prime opportunity for development in a prime Melbourne suburb with a crowd awaiting the fall of the hammer. Auctioneer Marcus Chiminello got his spiel out of the way and jumped into the various drawing cards of this Toorak property. One of which was the fact that he could, “stand in the middle of the road with no fear of being run over” and of course, the land on offer. Mr Chiminello asked for an opening bid from the crowd but no one took the bait, and instead offered a vendor bid of $4,800,000. Asking for increases of $20,000, and receiving none, Mr Chiminello had a half-time break and returned to a similar reception. Having no issue with passing in the property at the original vendor bid of $4,800,000, Mr Chiminello invited the attending interested parties indoors for further negotiations.
Saturday 17 March 2018, 10:30 AM
Marcus Chiminello, Marshall White - Stonnington
James Tomlinson, Marshall White - Stonnington
$4,800,000(Vendor Bid)
$4,800,000(Vendor Pass)
Passed In

Bridget Agnoleto
Prahran, Year 2007. James client bought for $1,016,000 and sold for $1,540,000 then bought a family home with limited mortgage increase.
Homes We've Bought

Subscribe to our Market News Newsletter

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.

Inside James Market News