PENINSULA AUCTIONS SAT 23RD & SUN 24TH JUNE

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PENINSULA AUCTIONS SAT 23RD & SUN 24TH JUNE

A low stock weekend coming up with just 15 scheduled auctions across the peninsula.  Only 3 are considered premium offering and are expected to be nudging closer to the $2,000,000 mark. The rest are all marketed under $1,000,000 with some tasty offerings for first home buyers and downsizers. We’re hoping for better results than last weekend which was way below a pass mark.  

Nicole McCarthy of Ray White Rye office has the unique opportunity to auction two majestic 10 acre parcels in Main Ridge.  45 Waterfall Gully Road will go first.  A stunning landscape including a 4 bedroom home, gardens, views across the waters of Port Philip Bay and an established vineyard of 1000 pinot grigio vines ready for your bottles.  A rare lifestyle property with plenty of interest.  Straight after Nicole will be offering a further 10 acres from the same property on a separate title; vacant and ready for a dream home build, vines or whatever your heart desires.  This piece of Peninsula landholding has not been offered for the past 37 years and the new owner(s) will keep it tightly held.  If you’re in the market for a lifestyle property and considering recent peninsula lifestyle property results; this is a must. Both properties will be auctioned on Saturday from 2:30pm each with an EPR of $1,800,000 – $1,980,000.  

Community First Real Estate of Mount Eliza offer up 3 Oak Grove Mount Eliza @ 3:00PM on Saturday.  Now if you don’t know Mount Eliza too well, Oak Grove is one of the more fancied locales in this beachside hamlet.  Close to the village, Toorak College and the beach.  Locally known as part of the Golden Mile; real estate here is highly sought after and well worth considering not just for a great lifestyle position but also capital growth.  A 4 bedroom Mount Eliza home has a median house price of $1,235,000 however in this little pocket that median house price is considerably greater.  An EPR of $1,750,000 – $1,925,000 is responsibly priced and competition should be strong.

Use the tiles below to check out the weekend auction timetable and our best premium offerings for this week.  Have a successful and safe weekend and we look forward to touching base again next week. 

PENINSULA AUCTION TIMES
PENINSULA AUCTION TIMES
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