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17 Miami Street, HAWTHORN EAST

17 Miami Street, HAWTHORN EAST

PASSED IN - $1,951,000
Escaping the cold and wet, the crowd sensibly converged indoors and awaited the fall of the hammer. Auctioneer Campbell Ward turned down his usual outdoor auction volume and welcomed the audience. Mr Ward began with legalities followed by noting the property had features that could be improved upon as well as all the various enviable features, including the location and proximity to shops. Calling for an opening bid of $1,900,000, Mr Ward had a silent reception. Instead, Mr Ward put forth a vendor bid of $1,900,000 and asked for rises of $25,000. Two further vendor bids of $25,000 were made and pushed the property up to $1,950,000. One bidder, who had offered $1,930,000 at the same moment as Mr Ward had placed his second vendor bid, offered an additional $1,000. The bid was accepted, followed by a call for any further advances. No movement was detected from the crowd and the property passed in at $1,951,000.
Saturday 24 November 2018, 10:00 AM
Campbell Ward, Jellis Craig - Glen Iris
Richard Winneke, Jellis Craig - Glen Iris
$1,900,000(Vendor Bid)
Passed In

Bridget Agnoleto
Camberwell client asked us to make a pre auction offer @ $4,000,000 plus.
We advised no and bought at auction for $1,000,000 less.
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