Outstanding Auction Result, Property Sold Above Asking Price!
Successful Auction at 9B Russell Street, Denistone East
We are thrilled to announce the recent auction sale of 9B Russell Street, Denistone East, which closed at an impressive $1,827,000. This sale not only represents a significant achievement for our team but also underscores our expertise in navigating the competitive real estate market.
A Competitive Auction Day
The auction attracted 5 registered buyers, consisting of 27 bids, ultimately resulted in the property selling for $150,000 above the price of a comparable duplex in the area. This remarkable outcome highlights the desirability of the property and our ability to effectively engage interested buyers.
The Unique Appeal of 9B Russell Street
9B Russell Street is a 30-year-old duplex that has been rented out from the very beginning. In a market where similarly sized duplexes often feature 4-5 bedrooms, the three-bedroom configuration of 9B Russell Street offers something different.
Recognising the uniqueness of this property, we understood that finding the right buyer was crucial. The ideal buyer for this home would be someone who values its spacious and bright interiors, which make the three-bedroom layout not just a feature, but a benefit. Our focused strategy was to showcase the property’s generous living areas and its inviting, airy ambiance to attract buyers looking for a comfortable, well-lit space to call home.
About the buyer
A young family, in search of a larger home to accommodate their expanding needs, discovered their perfect match in 9B Russell Street. Having lived in the area for an extended period, their preference was to remain
within the community they had grown to love. This three-bedroom duplex, with its spacious and sunlit living areas, offered just the right blend of comfort and potential for growth. Their decision to purchase was driven by the home's
ability to meet their needs for space while staying in their beloved neighbourhood. Throughout the purchasing process, the family was exceptionally pleased with the support and efficiency of our team.
They highlighted the smooth, hassle-free experience and the clear, consistent communication they received, which significantly contributed to their positive buying experience. Grateful for the guidance and assistance provided every step of the way, the family looked forward to starting their new chapter in a home that not only met their practical needs but also held the promise of many happy memories to come.
The vendor’s Experience
The vendor, who resides outside the area, praised our comprehensive service, which included managing the property's presentation through painting, gardening, and styling, in addition to our strategic marketing efforts.
Our transparent communication ensured she was well-informed at every stage, enabling her to make confident decisions throughout the campaign. Her satisfaction peaked when the property sold at auction for $77,000 above the asking price. She had the opportunity to observe our team's interactions with potential buyers and noted our professionalism and effectiveness in handling the auction process. The outcome not only met but exceeded her expectations, compelling her to highly recommend our services. The seller's positive experience is a testament to our dedication to delivering exceptional results and support to our clients.
Conclusion
This sale is not just a success for the buyer and seller but also a testament to our team's dedication and expertise. The seamless process from listing to sale, characterised by strategic planning and clear communication, exemplifies our commitment to achieving the best outcomes for our clients. There are still four other families who wanted the house and are looking forward to finding their own homes in the neighbourhood. We are already looking forward to assisting more families in finding their perfect home and helping sellers achieve outstanding results.
If you're considering selling your property, contact us today to discuss how our tailored approach can work for you.