A renovated three-bedroom unit in Melbourne’s mid south-east area is sold at auction up to $940,000 after drawing a single bidder, according to multiple reports. The property does not sell on the day, with outlets describing it as passing in at $940,000. Agents say only one bidder attended the auction on Saturday, and no post-auction agreement is reached immediately. Despite the lack of an on-the-day sale, the reports state that real estate agents remain hopeful a deal can be completed after the auction, potentially over the following weekend.
All sources characterize the renovation status of the home as a factor in market interest, and they consistently note the same outcome: the auction ends without a sale at the reserve price, resulting in a pass-in at $940,000. The information provided focuses on the auction result, bidder activity, and the expectation of possible follow-up negotiations.
