Home / Uncategorized / PENINSULA AUCTIONS MAY 26TH & 27TH


24 opportunities round out peninsula auctions for May 2018.  This weekend has a bit for everybody, first home buyers and downsizers have 12 prospects between $200,000 to around $800,000 in Baxter, Frankston, Langwarrin, Mornington, Mount Martha, Safety Beach and Rosebud.  Those looking for a holiday or permanent home in Blairgowrie, Flinders, Mcrae, Somers or Sorrento have an excellent selection of 7 properties priced from just under $1,000,000 to around $1,600,000.

There’s a couple of choice investment and landbank homes with significant upside for those with the entrepreneur’s spirit.   44 Cliff Road Frankston is one of those rare properties; a product of its early 1900’s heritage.  Full of art deco features, stunning views, in one of the more prestigious locales of this cosmopolitan suburb.  Most of the interest is coming from locals; who value the Cliff Road location. Like any property of its age; reward will come from some spit and elbow grease. Even if you’re not in the market it would be worth going just to check it out.  Marketed by Christine Graham from Hocking Stuart Frankston Auction is Saturday May 26th @ 11:00AM.

112 Marine Parade Safety Beach is a 793sqm approx. block on the waterfront.  A recent April sale of Marine Parade land measuring 997sqm sold at auction for $1,750,000 setting a benchmark of over $1750psqm.

Our entry level pick is 2/87 Barkly Street Mornington.  A 3 bedroom villa styled unit very close to Main Street and the Centro Shopping Hub.  Priced between $700,000 – $770,000; 3 bedrooms are very enticing.  The units had a modern upgrade and includes a swim style spa.  Great place for low maintenance living, excellent capital growth and easily rented if that’s your go.  Auctioned on Saturday @ 11:00AM; McEwing & Partners Mornington.

In the premium peninsula market there’s still plenty of quality stock available and winter is good time to be looking.  You can see our best picks at the tiles below.

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