Sale price for four-bedroom Cheltenham townhouseAdvertisement
The Balwyn North property has multiple living areas and an impressive entertainer’s space at its rear which features a pool. The new buyers will now be homeowners in the highly regarded Riverside estate. The three bidders for the home included an advocate representing an overseas client, a local family, and an elderly mother and her daughter. The starting bid of the auction was $1.45 million. Increments started at $25,000 but from $1.5 million to the sale, price bids were between $5000 and $10,000.
There were 25 bids made during the auction, with most of the bids exchanged between the investor and the couple.