OFFERED to the market for the first time in over 65 years, a four-bedroom house in Burwood has sold at auction over the weekend for $2.81 million.
by David Compa
Situated at 68 Fitzroy St, plenty of interest was generated due to the huge 1,227 sqm block, as 78 groups inspected the house and 12 contracts were issued. Bidding started at the $2 million mark and quickly progressed in $100,000 and $50,000 increments. The backyard has so much room.Source:Supplied It then slowed to increments of $20,000, $10,000 and $5,000 with a local family the buyers, looking to take advantage of the block. Selling agent Matthew Nolan of Rich and Oliva Burwood said the home was “completely dilapidated”, with the family considering all options. “They were attracted to the size of the land and the uniqueness of the gardens being untouched,” he said. It was a successful weekend for Mr Nolan, who, with Marco Errichiello, also sold an older style house in Burwood Heights under the hammer for $2.775 million. A large block of land was the major selling point.Source:Supplied Andrew Winter's spring selling tips1:22 Love it or List It's Andrew Winter gives his top tips for sellers in the spring selling season. October 11th 2017 2 months ago /display/newscorpaustralia.com/Web/NewsNetwork/Lifestyle - syndicated/ The four-bedroom house at 6 Kelso St attracted a number of interested parties, with 56 groups through and eight contracts issued. There were seven registered bidders, four of which participated in the auction. Bidding kicked off at $2.4 million in front of a crowd of around 80 people. It progressed in increments of $50,000, $20,000, $10,000 and $5,000, with the buyers relocating to be closer to transport. 6 Kelso St in Burwood Heights also sold for $2.775 million.Source:Supplied Also on a large 903 sqm block, features of the house include an in-ground pool, three built-in wardrobes and large living areas. Mr Nolan said it was these spacious living areas which really attracted the buyer.