The Abbotsford Parade home’s sale price was $1.29 million more than the guide and $290,000 more than the reserve.A waterfront Abbotsford property sold for $8.29 million at auction on Saturday, after it attracted eight bidder registrations from a mix of families and developers.sat on a 570 square metre block that started at the street and ended at the water’s edge. The house was listed by The Agency’s Fayez Yammine with a $7 million guide.
The mid-century home on a large corner block of 626 square metres came with pink tiles and apricot wallpaper. The vintage look appealed to its new owners, LJ Hooker listing agent Joseph Galea said.Four buyers placed 20 bids in total. Bidding opened at $2 million dollars and buyers used increments of $50,000, $25,000, $10,000 and $5000.Galea said the winning buyers had fought developers for the home, and intended to leave it “as is and love it and enjoy it”.
The unassuming, single-level brick home with mobility access located at 97 Agincourt Road attracted five buyers; four bid.Bidding opened at $2.3 million and featured increments of $25,000, $10,000 and $5000, and sold at $2,410,000. A crowd of 70 watched on in the backyard, including one nun who had lived in the home for six years.
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