Land size and location push price of “old” Highton home

A unprecedented likelihood to safe a big land allotment in a first-rate “old” Highton location drew giant bidding at public sale.

A unprecedented likelihood to safe a big land allotment in a first-rate “old” Highton location drew giant bidding at public sale on Sunday.

Adding to the enchantment, the four-bedroom house at 240 Roslyn Rd used to be presented on the market for the primary time in 60 years.

Melbourne patrons prepared at the really extensive 1677sq m block, set throughout two titles, edged out two native households to attain the keys.


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They paid $1.555m for the architect-designed house, inbuilt 1963, that’s strolling distance to Highton Village.

It used to be indexed with value hopes of $1,350,000 to $1,450,000.

HF Richardson, Newtown agent Matt Poustie mentioned the patrons had been traders and would possibly glance to hire the valuables to begin with.

“The house was much-loved and is in exceptional condition,” Mr Poustie mentioned.

“Long term they’ll look at development opportunities.

“It’s a solid and safe investment, they’ve been looking around Geelong for a little while and hadn’t seen that land size or quality.”

The house has a proper living room with open fireside and bay home windows, a proper eating room, inside courtyard, find out about and massive circle of relatives room with north-facing lawn perspectives.

It includes a tennis court docket, garden and out of doors leisure space, workshop and double storage.

Later within the day, at Little River, a 5.18ha assets offered smartly over value hopes in a long public sale lasting 20 mins.

Five bidders noticed worth within the assets at 86-104 Flinders St, that used to be indexed with value expectancies of $1.975m to $2.1m.

Mr Poustie mentioned it offered for $2.5m to a circle of relatives from Sunshine prepared for a rural way of life trade.

“They’ve been looking for a little while, their friends purchased in Little River last year and that’s where they wanted to move to,” Mr Poutie mentioned.

“All the remaining underbidders were from Pt Cook, Werribee and Geelong, and an investor from Melbourne.”

Mr Poustie mentioned the valuables’s reserve value used to be $2.1m.

“This one was a surprise packet, it sold $400,000 over reserve,” Mr Poustie mentioned.

“It sold above the top of the quoted range, we felt prior to auction that most of the interest was in the $2m to $2.2m range, with genuine feedback from buyers.”

The spectacular place of dwelling has 4 bedrooms, 3 bogs, more than one residing zones and a house place of job.

Outside, there’s 11 paddocks, a canine run and kennel, stables, a tack room and massive equipment shed.

The assets is with regards to the Little River the city centre, and provides simple get admission to to the Princes Hwy.

Originally revealed as Land measurement and placement push value of “old” Highton house

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