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Fletchers Group News Update – 17 July

July 17th 2013

The REIV recorded a clearance rate of 75 per cent on the weekend, compared to 55 per cent on the same weekend last year. Fletchers had a great auction day, selling all properties scheduled for auction, achieving a 100 per cent clearance.

The two bedroom original home at 163 Maud Street in Balwyn North was an excellent result for agent Guy Coles and Director and Auctioneer Tim Heavyside. Located on elevated block with a sweeping outlook, this offers the potential for a multi-unit development or luxury new home site. Five bidders fought to secure the property, pushing the eventual selling price to $1,320,000, an impressive $220,000 over reserve.

Established in the 1920s by the roads namesake Mr Harris, the stately five bedroom residence at 5-7 Harris Road in Donvale, has been extensively renovated with no expense spared, resulting in a magnificent home equipped with all the luxuries. Offering extensive living areas, library, home cinema plus resort-style pool, sauna and S/C cabana, this isn’t just a home, it’s a lifestyle. The property sold for $1,858,000 with two bidders competing, an outstanding result for agent for agent Traci Stella.

Offering an easy care option for modern living, the low maintenance two bedroom villa unit at 2/108 Mount Pleasant Road in Nunawading is perfect for first home buyers or professionals. Three bidders sought to secure the property which sold on the day for $366,500.

For all of Fletchers recent sales, visit our award-winning website.

The REIV is expecting to around 360 auctions to be called next weekend.

Fletchers is the proud sponsor of Hartwell Primary School in 2013/2014. On August 8-10 they will be holding their annual ‘Hart Art Show’. This show features art work from local artists and the pupils. Come along to support the local community and pick up some great pieces of art.

Stay up-to-date with Fletchers latest news and information on Facebook, Twitter and LinkedIn.

Enjoy your week!

The 2013 Hartwell Primary School ‘Hart Art’ Show on from August 8-10