Jobe Watson sells Albert Park investment cottage
Brownlow medalist Jobe Watson's Melbourne investment property play has been sold.
His three-bedroom Albert Park investment cottage had lingered unsold on the market since its early August listing, then passed in on a vendor bid of $970,000 at its September 1 auction.
The Richardson Street was purchased for $930,000 in December 2007, having previously traded at $880,000 in mid-2007.
Late September inspectees were told there was a flexible $980,000 asking price on the attractive freestanding double-fronted Edwardian brick residence.
Its most recent price indication was $959,000, but Property Observer gathers it might have sold at around $905,000.
No sale price has been declared by the Cayzer Real Estate Albert Park listing agency, which secured the sale on October 18.
Watson lives elsewhere in Albert Park, where he paid $780,000 in 2009.
