Our Backyard – Anglesea

Welcome to Anglesea

A strong crowd of over 150 attended the much anticipated auction on Saturday of 34 Lialeeta Road, Fairhaven.

The property was being offered for the first time in 65 years and is in one of the Great Ocean Road’s most exclusive pockets.

Great Ocean Road Managing Director and auctioneer, Ian Stewart asked for a bid from the large crowd. The opening bid of $1.2m but was soon surpassed to see the property declared on the market soon after at $1.55m, within the range quoted during the marketing of $1.5m to $1.7m.

With the bidding strong and transparent, the competing parties were under no illusion as to the process on the day. After 76 bids the property was sold for $2,060,000 to raptous (???) applause from the entranced crowd.

It goes to show that traditional methods of sale such as auction, still bring fantastic results for properties that are well presented, well marketed and correctly priced. There has been a recent movement in our industry to market properties with strategies such as ‘offers required by’ a certain date, expressions of interest, etc.etc.etc. To the property purists there is no more transparent process than public auction and when the emotion’s of the lifestyle buyers are injected with the aura of the location, the feel, touch and smell of the ocean and fear of missing out, the optimum outcome can be guaranteed.

Great Ocean Road director and Aireys Inlet Branch Manager, James Worssam said that the vendors were delighted with the result if not a little sad to let go of something that has been in the family for so long. The young family who have purchased are naturally delighted with the outcome.
It also underpins the strong prices achieved for prime real estate along the Great Ocean Road.

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OPEN FOR INSPECTION

Saturday February 1, 2014

8 Birdie Avenue  1.00 – 1.30

1A O’Donohue Road  1.30 – 2.00

2/2a Walker Street  2.00 – 2.30

2/17 Walker Street  2.30 – 3.00

 

Sunday February 2, 2014

50 Jackson Street  1.00 – 1.30

1A O’Donohue Road  1.30 – 2.00

15 Frederick Street  2.00 – 2.30

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Geoff Lewtas                                                     Ian Lewtas

geoffl@greatoceanroadrealestate.com.au           ianl@greatoceanroadrealestate.com.au

0417 552 522                                                      0419 511 428

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