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5 Miami Street, HAWTHORN EAST


5 Miami Street, HAWTHORN EAST

PASSED IN - $1,686,500
The auction is stalled before it can begin by a couple of questions about the property, then the calls for a bid begin. A reasonable start of $1,650,000 is suggested by auctioneer James Tostevin, so a genuine bid of $1,500,000 is rejected. Bidder 1 obliges with a $10,000 raise, and momentum stops there. After a quick vendor referral, Bidder 2 jumps in. The bid lowers to $2,500 at a time which makes things confusing. At $1,685,000, Bidder 2 asks if the property is on the market, then offers $1,500 to take the lead as the property is passed in.
2
Saturday 24 November 2018, 09:30 AM
James Tostevin, Marshall White - Boroondara
James Tostevin, Marshall White - Boroondara
$1,650,000(Vendor Bid)
$1,686,500
Passed In
2
25
Expected/Normal


Kieran Jiwa
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.
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