A two-bedroom heritage home in Seddon, in Melbourne’s inner west, sells for $915,000 following an auction that initially passed in. Multiple outlets report the property did not meet its reserve during the auction and then changed hands after post-auction negotiations with a single bidder. The vendor is described as an investor and reaches a settlement at a price $5,000 below the reserve. The final sale price is therefore $915,000, after the reserve shortfall was resolved through direct negotiation rather than additional bidding. The reporting is consistent across the outlets, including the location, the property type, the auction outcome (pass-in), the fact that only one bidder participated in the post-auction discussion, and the close-to-reserve final price. No additional buyer details or further sale terms are provided in the summaries.
Seddon two-bedroom heritage home sells for $915,000 after auction pass-in
A two-bedroom heritage home in Seddon, in Melbourne’s inner west, sells for $915,000 following an auction that initially passed in. Multiple outlets report the property did not meet its reserve during...
- A two-bedroom heritage home in Seddon sells for $915,000.
- The auction initially passes in (reserve is not met at auction).
- The sale proceeds after post-auction negotiations with a single bidder.
- The agreed price is $5,000 below the reserve price.
- The vendor is described as an investor.
An investor vendor had to settle for $5000 less than the reserve price in post-auction negotiations with a single bidder to offload the heritage home in Seddon.
3 months agoAn investor vendor had to settle for $5000 less than the reserve price in post-auction negotiations with a single bidder to offload the heritage home in Seddon.
3 months agoAn investor vendor had to settle for $5000 less than the reserve price in post-auction negotiations with a single bidder to offload the heritage home in Seddon.
3 months ago
Patriots and cornerback Christian Gonzalez remain apart in extension talks
New England Patriots cornerback Christian Gonzalez says he is frustrated that a long-term contract extension has not yet...
Two Frankfurt Airport Workers Die as Six Contract Malaria After Mosquito Bites
Two workers at Frankfurt Airport in Germany die after contracting malaria in an unusual cluster of cases. Airport operat...
Hundreds hold vigil in Melbourne for Nepal flood victims
Hundreds gather at a temple in Melbourne’s north-west for a vigil to remember victims of flooding in Nepal. Community me...