2 Torresdale Road, TOORAK

2 Torresdale Road, TOORAK

BOUGHT* - $4,425,000
A rugged up and cheerful crowd chattered amiably while auctioneer Jeremy Fox explained the auction procedure. Standing under a canopy of autumn leaves, Mr Fox was cut off midway by a gentleman in the crowd keen to discuss a covenant on the property. After some clarification, Mr Fox asked for opening bids. Excitedly an agent pointed out a bidder, who as it turns out was waving to a friend. Mr Fox then opened the bidding with a vendor bid of $4,000,000. After no bids and a quick visit inside to speak with the vendor, Mr Fox reiterated that the vendors were here to sell and further encouraged the crowd to bid in order to negotiate and avoid a post-auction auction. Someone in the crowd asked if they could bid down, lower than the opening bid. Mr Fox did not accept this suggestion and the property was passed in. Several groups then approached the agents for further discussions.
Saturday 19 May 2018, 12:00 PM
Jeremy Fox, RT Edgar - Toorak
Abby Innes, RT Edgar - Toorak
$4,000,000(Vendor Bid)
$4,000,000(Vendor Pass)
After Auction

Kathy Russell
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.
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