105 Gregory Street sits at the lowest part of the street in the idyllic suburb of Auchenflower. The home was uninhabitable and in desperate need of a full renovation, if not, detonation.
Ray White MetroWest structured a marketing campaign which was cleverly designed to capture the highest number of interested parties and in turn, the highest possible price.
The property attracted strong interest over the 4 week marketing campaign and attracted 48 groups to the property. There was standing room only on the day of the auction with a crowded front yard including a bus load of interstate investor. Strong and competitive bidding between 7 parties drove up the price and resulted in a cash unconditional contract on the seller’s terms.
The property sold $55,000 above reserve to a local building syndicate.
This is what Craig Sharp’s happy sellers had to say: