oc | Thursday 20th February

3 Martin Road, GLEN IRIS


3 Martin Road, GLEN IRIS

0
Under Hammer
1455000
1
BOUGHT* - $1,455,000
Good crowd of 50 gathered around this good land and dated spec home auction being conducted by Lachie Fraser Smith. As we await the start you can feel the interest in this home and providing it's at a reasonable price it should go well as it would appeal to a wide range of buyers - such as overseas Asian buyers, live now/then bulldoze/then rebuild buyers and cheaper entry into Glen Iris buyers. Anyway after the usual spirited introduction from Lachie we are away with an opening $1,250,000 bid. Two more bidders join in quickly and it's announced on the market at $1,305,000 after a record half time break (it took 15 seconds). Three more bidders joined against Bidder 1 until Bidder 5 finally won out at $1,455,000. Obviously a really well run campaign from Lachie Fraser-Smith with fair quoting of $1.2m to $1.3m which resulted in a very solid result for the vendor. Six bidders - the market is far from under performing at this price level right now.
6
Saturday 1 December 2012, 10:30am
Lachie Fraser-Smith, Jellis Craig
Lachie Fraser-Smith, Jellis Craig
$1,250,000
$1,250,000
$1,305,000
Under Hammer
6
50
Strong


Mal James
You've missed again. Repeat the pain or change your tactics.
James »
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