This ultimate “fixer upper’’ drew a huge crowd at auction and blew $50,000 past its reserve

first_imgPatrice Bowen and Chris Safonoff share a kiss after being the winning bid on the home in Tarragindi.IT could be described as a “renovators delight’’ but the good bones of this Tarragindi family was what helped blow its sale price $50,000 above reserve.There were nine potential bidders keen to secure the home at 24 Newington St, Tarragindi. The auction drew a crowd of about 50 onlookers with Chris Safonoff and Patrice Bowen from Tennyson the winning bidders.The couple were both project managers who work for a construction company and said they would do up the home. “We will rent it out initially and then a year or so down the track, once we have a design, we’ll do a modern extension,’’ Ms Bowen said.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour ago“We love the character and facade.’’“We had a strong strategy for the auction. We’d been thinking about this house for three weeks now,’’ Mr Safonoff said.It was the first time the home had been on the market in more than 65 years. The home sold under the hammer for $750,000. It had a reserve of $700,000. Marketing agent Lynn McGavin of Place said it had been a very popular listing.“Throughout the campaign, we saw huge numbers and on the day of the auction, nine registered bidders,” she said.Ms McGavin said selling for $50,000 over reserve, showed the popularity of the booming location of Tarragindi.last_img

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