4 Beilby St, Moorabbin, sold $440,000 above reserve — despite being too dangerous to enter.
A sinking Moorabbin house so dangerous its owners were ordered to leave by their local council sold $440,000 above reserve in an amazing auction result on Saturday.
While an 82 per cent clearance rate across 445 results recorded by realestate.com.au included many homes sold six-figures above reserve, two associated with famous faces were passed in.
Late yesterday a sale was still being negotiated for the 3 Meakins Rd, Flinders, beach getaway of test cricket and sports commentating legend Max Walker and his table-tennis champ wife Kerry after it fell short of its $3.3m asking price at auction on Saturday, and will be open for inspection again on Sunday.
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And 8 Thompson St, Williamstown, which appeared in the TV crime drama Blue Heelers starring Lisa McCune and John Howard passed in on a $2m vendor bid.
But there was much deserved good news for the vendors of 4 Beilby St, Moorabbin, after Ray White’s Angela Limanis sold the home too dangerous for buyers or agents to inspect for $1.3m.
The pair, both in their 90s, were forced into a rental after a water leak badly damaged the foundations of their home of 50 years.
Neither buyers nor the agents were allowed to inspect the home’s interior.
The property was sold on land value alone.
Ms Limanis said the property had been priced at $870,000-$920,000, but soared above expectations as eight bidders competed for it.
“It was pure land value and I figured it wouldn’t be worth more than that as the buyers would have to pay to get rid of the home,” she said.
“Then it sold for $1.3m. And I’m so thrilled it was for these vendors.”
The buyers intend to bulldoze the property and build a dream family home in its place.
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