AS LJ Hooker real estate auctioneer Scott Hughes pointed out, himself a long-time resident of Wonthaggi, the Rose Lodge Op Shop in McBride Avenue was an institution in the town long before opportunity shops became fashionable.
And now it seems that this important fundraising vehicle for the town’s much-loved aged care facility will be a permanent fixture in the street long into the future as well.
In the perfect outcome for the present owners, the agents, the town and the op shop tenants, the property was knocked down to agents for Rose Lodge for the very reasonable price of $400,000.
It was an all-star line-up of local real estate agents and commercial property owners in attendance last Friday at 12noon when Brett Tessari rang the bell to start proceedings.
“Commercial property in Wonthaggi has always been tightly held and this shop has always been known as the Rose Lodge Opp Shop,” said Mr Hughes. They were ahead of their time in starting out here and would no doubt like to negotiate a new lease with the new owners,” he said, they won’t have to now.
“It’s a solid brick building and subject to council approval, you could put a second floor on it. You can park two vehicles at the rear which is a huge advantage in a town where parking is at a premium.
“Buy for your own use or investment; one thing stands out, this is a prime location.”
It was a good build up and the opening bid of $380,000 came quickly. Mr Hughes told the crowd he was putting in a bid of $390,000 and then informed them clearly that the property was on the market when a bid of $400,000 was registered by the same person.
“$400,000 going once, going twice, are you all done, sold,” he said.
There was a round of applause to follow with those in the know acknowledging there’d been a happy conclusion for the tenants and for Rose Lodge.
The op shop generates important funds for aged care in the town through the generous support of volunteers in the shop and donations by the general public and it’s going to go on doing that after Friday’s auction.
Permanent home for Rose Lodge Op Shop