After some “really spirited bidding”, the 733sq m property sold for $4.875m — a shocking $1.225m above expectations.
Nick Johnstone Real Estate Brighton boss Nick Johnstone led the auction sale and said the successful buyer planned to knock down the existing house and build a new one.“Drake St is probably one of the most sought-after streets in Brighton, it’s a nice wide street and close to Gardenvale station and great schools.”
Among them was a stylish, three-bedroom townhouse in Armadale that notched an $80,000 premium under the hammer after a highly competitive auction.pad, which was called on the market at $2.3m before selling for $2.38m. “This was a real standout property in an excellent location nearby to the High St shopping strip and Lauriston Girls’ School,” a Kay & Burton spokesperson said.
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