Townsville renovator attracts record 96 bids at auction

first_imgA West End renovator attracted 96 bids at auction over the weekend – the highest number ever called by local auctioneer Clint Wallis (L) and Errol Munro of Principal of Ray White Townsville.TOWNSVILLE’S property auction market is heating up with a West End renovator attracting 96 bids and selling $32,000 above reserve price.The one-bedroom property at 146 Francis St sold for $222,000 after eight potential buyers went head-to-head in one of the most heavily contested sales encountered by auctioneer Clint Wallis.Mr Wallis said the home beat his previous auction record for most bids by 10.“It was incredible, as it’s not the type of property you would expect buyers’ competition on,” he said.“While the property has really good bone structure, it really is just a square box with no internal walls.“So it was a really good result. The owner was happy to seal the deal at $190,000 but it just kept on going up.”Ray White Townsville sales agent Julie Munro said she was still buzzing.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“We had eight registered bidders on the day, one of which registered halfway through the (auction) call and another phoned in from Sydney,” she said.“In the end it was a young man and his father who placed the winning bid, who now plan to renovate the home for the son to live in.“The property comes with a bit of history as it used to be the old West End post office and also at one point a little tourism shop.“But I think, in the end, it was the location that won everyone over and the property does leave room for imagination.”Equally impressive results are expected this weekend with five properties at Mysterton, Castle Hill, Aitkenvale. Idalia and Cranbrook going under the hammer this Saturday.McGrath principal Brad Matheson, who will take 10 Stirling Drive, Castle Hill, to auction at 10am on Saturday, said the four-bedroom home had already attracted plenty of interest from buyers.“We’ve had 31 inspections for the property, two offers prior to auction and several people looking to register,” he said.“I think the home will do quite well. the auction market has been heating up.”last_img

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