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Fletchers Group News Update 19 September

September 19th 2016

We enjoyed an exceptional Spring day in Melbourne on Saturday, just perfect for the busy day of auctions ahead of us!

The REIV reported a clearance rate of 81% over the weekend, with 756 auctions reported to the REIV and 611 of those selling. There are over 1,000 auctions scheduled to be held next week, prior to the AFL Grand Final.

In Surrey Hills, 2/11 Blackburn Street went under the hammer over the weekend. The single level villa is placed in the middle of the three-unit development and is generous in proportions. It features two bedrooms, a modern kitchen which overlooks the sun bathed, north facing courtyard, dining area and elegant lounge. This unit is positioned for lifestyle and located only minutes from cafes, schools and transport. Auction day saw an impressive eight bidders keen to secure the property, which saw a final sale price of $823,000 achieved. The auction was live streamed and you can watch all the action on the Fletchers Stonnington/Boroondara Facebook page.

In the perfect location, 9 Mountain View Road in Heathmont sits proudly on the high side of the street offering an idyllic family lifestyle. The spacious family home has a welcoming front verandah with north facing orientation, formal lounge room with gas log fire and tree top views. The five-bedroom home also has an impressive gourmet kitchen which adjoins an open plan dining and family room with sliding doors to the covered alfresco deck. Six bidders on auction day helped the price reach over reserve by $251,000. It was sold for $1.201 million.

The single fronted Victorian home at 45 Roseberry Street in Hawthorn East provides an exceptional opportunity for further development (STCA). The charming home maintains original features with original verandah with lacework, decorative cornices, architraves and ornamental fireplaces. Brimming with northern light the home has an impressive kitchen/family/meals area, two bedrooms and a spacious backyard that provide the potential for extension or car access via rear ROW.  In a highly sought after location the home had seven bidders competing to secure the home, which reached a final sale price of $1.335 million.

The Art Deco home at 27 Celia Street in Glen Iris sits in a prestige position with original details and exciting potential for a contemporary renovation. Located in the sought after Summerhill Estate, the home showcases lead lighting, timber accents and high, decorative ceilings. A well-proportioned original floorplan offers a deep, shady verandah separate formal living and dining rooms, spacious eat in kitchen and a rear undercover patio. The home was sold at auction for $1.825 million.

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

Tim Heavyside, Jason Salan and Pan Zhang with the very happy vendors
and purchasers of 64 Magnolia Court in Templestowe Lower.