Archive for the ‘Auctions’ Category

Auction | 11 Beatty Street, Mont Albert

February 3, 2021 Leave a comment

Boasting contemporary designer excellence, the property at 11 Beatty Street in Mont Albert was architecturally designed by our vendors, Lou and Paula.

Auction day drew a crowd but despite the interest in the home, we officially passed the property in. Our negotiations with the highest bidder were successful, with the home selling post-auction for $1,650,000.

Congratulations to our vendors and the successful purchaser!

Categories: Auctions

Auction | 7 Neath Street, Surrey Hills

December 1, 2020 Leave a comment

Architecturally designed and customised to every family desire, the auction of 7 Neath Street in Surrey Hills brought out buyers who were determined to secure the modern and sophisticated home.

Our vendors presented the home exceptionally well throughout the campaign and their efforts were rewarded with strong bidding from three parties.

After an opening bid of $3 million, the property went onto sell under the hammer for $4,005,000.Success.

It’s a Fletchers thing.

Categories: Auctions

Auction | 2/16 Bentley Street, Surrey Hills

November 25, 2020 Leave a comment

Tranquility, peace and that enviable single-level living was on offer at the auction of 2/16 Bentley Street in Surrey Hills.

We conducted the auction in a hybrid format, and passed the property in to an online bidder at $1.2 million. We successfully negotiated a result for our vendors post auction, at $2,300,000. A great outcome for all parties!

Categories: Auctions

Auction | 11/176-178 Union Road, Surrey Hills

November 13, 2020 Leave a comment

We were thrilled to market and sell the uniquely designed two bedroom home at 11/176-178 Union Road in Surrey Hills.

We passed the property in on a genuine bid and then went on to sell it for an excellent price after negotiations with the highest bidder. Our vendors are rapt with the result and the successful purchasers have bought into a highly desirable locale.

Categories: Auctions

Auction | 5 Conder Avenue, Burwood

November 5, 2020 Leave a comment

My team and I were thrilled to achieve a successful result at auction for our vendors of 5 Conder Avenue in Burwood.

The auction was a “licorice allsorts” sale with six registered bidders – three onlline and three onsite. “The people who bought it were online and are a family” – no doubt they will get years of enjoyment with low maintenance yet luxurious living.

Congratulations to our vendors, all the best for the future.

Categories: Auctions

Auction | 74A Dunloe Avenue, Mont Albert North

October 30, 2020 Leave a comment

We didn’t let a little rain put a damper on the auction of 74A Dunloe Avenue, Mont Albert North!

Bids were placed by buyers both on-site and online in the first Hybrid auction that my team and I conducted. Everything went smoothly as four bidders competed to secure the home, which went on to sell for $1,317,500 under the hammer.

Congratulations to our vendors, Sarah & Alastair, and to the successful purchasers!

Categories: Auctions

Auction | 2/12 Ovens Street, Box Hill North

Offered for the first time for sale in nine years, the well-designed two bedroom villa unit attracted three bidders on auction day!

Announced on the market at $800,000 with competitive bidding, the home went on to sell under the hammer for $830,000. Take a look at some of the highlights from the day!

Categories: Auctions

What You Can Expect From An Online Auction

An online auction provides an experience as close to an onsite auction as you can get. Aside from the way you participate, by accessing an online auction ‘room’, everything else is essentially the same as what you would experience at an onsite auction.

The auction is conducted by the same rules, it is transparent, there is two-way communication and the potential outcomes are the same. The property may sell under the hammer to the highest bidder, may pass into the highest bidder, or be passed in on a vendor bid. If the property sells to the highest bidder, contracts will be exchanged and a deposit paid. If passed in to the highest bidder, the agent will negotiate exclusively with this party. If passed in on a vendor bid, the agent will proceed to negotiate with all interested parties.

I am interested in a property that has an online auction. How can I bid?

Fantastic! If you are interested in a property, please contact the listed agent and provide your name and e-mail address. You will receive a comprehensive e-mail outlining how you can register to bid, and how you can participate in the process on auction day.

What are the options I have to participate in the auction?

There are multiple ways. You can register to bid and ‘attend’ the auction via a Google Hangout, where you can watch the auctioneer in action. If you don’t have a smartphone or don’t feel comfortable using this option, you can also ‘dial in’, by calling the number provided in the registration e-mail. There is a pin code you will need to enter in when using this function. Finally, you can also visit a link that allows you to watch the bids as they progress, which can be done in conjunction with either of the two options outlined above.

The auction rules will be read out as normal by the auctioneer and can also be accessed by bidders when they register. The Vendor’s Statement/Section 32 can be requested from the agent for your review prior to the auction as normal.

Are the rules of an online auction any different to the usual auction method?

No, the rules are the same. For example, if you’re successful on auction day via an online auction, no cooling off applies.

How do I sign a contract if I’m the successful bidder?

We are fully equipped with offsite auction contract signing, which means our vendors and purchasers can sign contracts from anywhere in the world! Deposit and residual amounts are automatically calculated, as well as settlement terms. You will receive the contracts via e-mail to sign and an executed copy is automatically sent to our office, the vendor, purchaser ad each party’s conveyancer.

How do I pay the deposit if I’m successful?

You will need to ensure that you have a daily EFT limit of at least $5,000 prior to the auction. In the case you are the successful bidder, you will be required to pay a $5,000 deposit immediately after the auction, with the balance payable ASAP. You will then need to immediately email a copy of the deposit receipt to the agent.

How can I arrange an inspection of the property prior to the online auction?

Contact the managing agent of the property. You will receive a short questionnaire via e-mail or text message prior to your inspection to fill out. All inspections are by private appointment, in line with current restrictions in force. If you wish to attend the inspection with a partner, family member or friend, you will need to inspect the property one at a time, in line with current social distancing rules, i.e. one person can wait in the car whilst the other is inspecting.

Auction | 45 Wellard Road, Box Hill South

Built in 1958 and renovated in 2000, the five bedroom home at 45 Wellard Road in Box Hill South lacks nothing in terms of accommodation and lifestyle. Boasting direct access to Box Hill Golf Course, it’s almost like you have your own acreage property!

After an opening bid of $1,400,000 the property went on to pass in at $1,460,000 then sold in post-auction negotiations for $1,500,000 to the lovely new owners.

Congratulations to our vendors, Neil and Ally, and to the successful purchasers.

Categories: Auctions

Auction | 6 Boronia Street, Surrey Hills

February 28, 2020 Leave a comment

I was thrilled to work with Mark Fletcher to secure the sale of 6 Boronia Street in Surrey Hills for our vendors, Nino & Regoula.

Exquisitely restored and renovated by the current vendors, the 1927 Californian Bungalow at 6 Boronia Street in Surrey Hills truly offered the new owners a turn-key solution.

I declared the home ‘on the market’ at $2,435,000 and two competing bidders saw the home sell under the hammer for $2,446,000.

Congratulations to our vendors and the successful purchasers!

Categories: Auctions