Expert insightsInvesting47 registered bidders, sold $130,000 above reserve for Cooley Auctions: Tweet of the Day
47 registered bidders, sold $130,000 above reserve for Cooley Auctions: Tweet of the Day
Jonathan ChancellorJune 27, 2013
47 registered bidders, 130k above reserve - and this, ladies and gentlemen, is why we go to auction! tweeted Andrew Cooley after last weekend's big auction.
It was for the auction of 6 Spring Street, Padstow which sold for $780,000 through the LJ Hooker agent David Loaney.
It was a full brick three bedroom cottage on 626 square metres in walking distance to the station.
There was also the chance to reap the rewards of a potential duplex subject to council approval.
There are no Padstow properties for sale this weekend, according to Australian Property Monitors.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
