An unrenovated Eighties Jan Juc home smashed its public sale reserve by $1m as cashed up patrons jostled to unlock premium ocean and golf course views.
The multi-level brick residence at 21 Carnarvon Ave bought underneath the hammer for $3.301m in an enormous end result that astounded many within the crowd.
Pure Actual Property, Torquay agent Chris Henson mentioned it was a “standout end result”, particularly as a totally renovated home subsequent door bought for $3.725m final yr.
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Many of the homes round 21 Carnarvon Ave, Jan Juc, have already been renovated or rebuilt.
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The place is taken into account one in every of Jan Juc’s greatest, with uninterrupted views over the RACV Torquay Resort and the swell on the close by surf seaside, which is a brief, flat stroll away.
Mr Henson mentioned most patrons have been trying to renovate the three-bedroom, two-bathroom home or knock it down and begin once more.
“We had 5 – 6 bidders altogether and we two folks preventing it out on the finish. There was about 100 bids altogether,” he mentioned.
A $1000 closing bid was sufficient for the profitable bidders to edge out the competitors.
Mr Henson mentioned whereas the extent of curiosity throughout the marketing campaign instructed the sale value would possibly land above the $2.3m reserve, the company “actually noticed nothing with a 3 in entrance of it”.
There’s no signal of neighbours from the primary flooring deck.
The golf course is in view from the open-plan front room.
He mentioned a good degree of swell throughout the marketing campaign had labored within the vendor’s favour because the wild waves have been in view from the 691sq m property.
“There are keys areas the place folks have cash so for one thing like that and, we knew it will, it drew lots of people out of the woodwork,” he mentioned.
“Throughout the interval of the marketing campaign we had 80 inspections by way of the interval so it was robust all through.
“We discover that whether or not it’s previous Torquay prime locations or Jan Jun prime locations native folks actually perceive the rarity and alternative so I might say the overwhelming majority have been locals making an attempt to purchase it.”
The cosy kitchen has a dishwasher and older type wall oven.
you may stroll to the close by RACV Torquay Resort for espresso.
The principle lavatory is fairly in pink.
He mentioned virtually all of the properties in Carnarvon Ave had already been renovated or redeveloped, making this property a uncommon clean canvas.
An open-plan dwelling zone and most important bed room suite on the highest degree of the home soak up the most effective golf course and ocean views.
One other rumpus room is zoned with the minor bedrooms on a decrease degree, whereas a big carport has room to retailer caravans, boats and different watercraft.
The sale of the neighbouring four-bedroom home at 23 Carnarvon Ave, Jan Juc, in March final yr was the primary commerce within the tightly-held road in 5 years.
