A FEW early morning showers of rain last Saturday didn’t stop an auction at 6 Churchill Crescent, Inverloch from going ahead with the property ultimately being sold shortly after the auction for an undisclosed sum.
Real estate agent Lew Stone started by providing a summary of the property’s fine attributes, chief among which was the site’s location so close to the shopping centre and beaches.
He also spoke about the original charm of the 1950s beach cottage, which has he said had been in the one family since being built in 1958.
“The property has been superbly presented for the auction today and well-maintained by the family during its life.”
He then put the three-bedroom house on 542m2 of land up for sale and in the absence of an opening bid, started with a vendors’ bid of $430,000 followed by another at $440,000.
Mr Stone said the price was close to the reserve and he encouraged those present, about 30 in number, to take up the bidding.
No bid came however and he passed the property in. It was sold about 15 minutes later, for an undisclosed sum believed to be in the advertised range of $450,000 to $475,000.
“Inverloch is a very strong market at the moment and I’m not surprised to see it sold today,” Mr Stone concluded.
Churchill Crescent cottage sold after auction