36 Andover Street, Merivale

36 Andover Street, Merivale

Character 4 bedroom villa in the heart of Merivale rebuilt to the highest spec, even the double glazed sash windows were better than their former glory. Designed by Wilson and Hill Architects, the quality of this villa was second to none. Throughout the campaign, we spoke of price expectations comfortably above the RV. Most of the feedback was $1.5 million-plus which our vendors were realistic about and would have taken. Their dream money was $1.7 million however our gut told us from day one this property would create an emotional bidding war and nobody knows how far that would go. Purchasers on a follow-up visit are still very happy with no buyers remorse and our vendors are on cloud nine.

APPRAISED AT: 

$1.350,000 - $1.550,000

VENDOR EXPECTATION:

The bottom-dollar they would have sold for on the day $1.5 mill and their super happy money was $1.7 mill

SOLD FOR:

$1,950,000

OPEN HOMES:

18 Back to back

GROUPS THROUGH:

140+

BIDDERS:

51 bids in total, 9 groups in the auction room 6 active bidders and 3 still bidding over $1.9 million.

MARKETING INVESTMENT:

$6904.10