A tightly held Vaucluse unit in original condition has sold for an eye-watering sum of $2,915,000 to downsizers from the eastern suburbs.Yet neither the 48 stairs up to the home nor the different wallpaper in each room was enough to stop 14 buyers, a mix of cashed up downsizers and investors, registering to bid on the home which had a guide of $2 to $2.2 million.
Craig Pontey of McGrath Double Bay said the property was called on the market at $2.4 million, but declined to reveal the reserve.“ just blew everybody away. It was the most amazing result. It was well and truly above what anyone expected,” Pontey said. Bidding started just above that at $1.21 million and rose in a frenetic-paced auction thanks to five of the six buyers, who were mostly first timers, taking part.
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